WE TAKE YOUR INSURANCE COVERAGE FOR YOUR TITLE AGENCY TO THE NEXT LEVEL
As a National Insurance Agency, we provide customized insurance plans for each title agency with the E&O, Cyber Liability and Fidelity Bond. We’re now offering specialized coverage for your Liability, Property, Workers Compensation, Health Insurance & more
We’re an established insurance agency with over 50 years of experience in Insurance Industry
Our agents are title agency specialists, who are always ready to help you find the right insurance solutions
With us, you can easily choose the right plans that fit your budget, time and requirements efficiently
FAST & QUALIFIED CLAIMS
We are committed to providing fastest help for insurance claims & core focus on customer satisfaction
Committed to service Excellence since 2004
SSIS represent all the insurance companies offering E&O, Cyber Liability and Fidelity Bonds to the title agency industry. From the startup agency to the multi-state agent we have the solutions for the risks in our title industry. We will customized the coverage program based on your needs as every agency is a little different.
We have a dedicated team of title agency experienced insurance agents to provide each agency with comprehensive evaluation of the current insurance program. We will then compare the coverage with our offerings providing each client the information needed to make the best business decision possible for your insurance program.
E & O
Error & Omission insurance and professional liability insurance, helps protect you from lawsuits claiming you made a mistake in your professional services.
Protect your incoming and outgoing wires with our cyber liability program. Cyber insurance add coverage to help protect businesses from various technology risks.
Fidelity Bonds provide protection to you and your customers at the receiving end, who may suffer due to fraudulent or deceitful acts done by the employees.
General liability insurance helps cover your costs to respond to a claim that your business caused property damage or bodily injury.
Meet JEROME MAGANA
Your Title Agency Insurance Specialist
Jerome Magana is a 28 year insurance veteran. Since 2004, when he was the Founder and Former President of Stewart Title’s National Insurance Division, Jerome has been focused on the insurance needs of the Independent Title Agency. In 2009, Select Specialty Insurance Services was started and Jerome held this company having national relationships with 7 different Title Underwriters as the preferred provider of E&O, Cyber Liability, and Fidelity Bonds to Title Agents. After 11 years as the Owner and President of Select, Jerome partnered with Securance Corporation. This is a 50-year-old insurance brokerage licensed in all 50 states. As the President of the new division, Securance Specialty Insurance Services (SSIS), Jerome now has a full team of insurance professionals and a large vertical line of related insurance services.
Specialties: ALTA Ten Pillars of Best Practices including Title Agent Social Engineering, Invoice Manipulation, E&O, Cyber & Privacy Liability, Fidelity and Surety Bonds including the Escrow Security Bond.
For more information contact JEROME MAGANA via email: [email protected]
“Life is not a journey to the grave with the intention of arriving in a well preserved body, but rather to skid in broadside, torn, rough, thoroughly used up, totally worn out, and loudly proclaiming, WOW WHAT A RIDE..!!!!”
FREQUENTLY ASKED QUESTIONS
E & O
What does E&O insurance do?
Errors and Omission (E&O), also known as Professional Liability insurance protects your company from potential losses when you responsible for errors in your service or the failure of your work to perform as promised in your contract or on your license. E&O Insurance coverage includes legal defense cost- even if the allegation is baseless.
Do you have the Title Agency specialized E&O policy to protect your company?
It is human nature to be imperfect. In our Title Agency Industry, we know that sometime the office is extremely busy, yet being Title Agents, all the fine details must be accurate and complete. Not all E&O polices are created equal. Protect your growing Title Agency with an E&O policy that is specialized to cover your unique services of Title, Abstracting, Closing Services, and Escrow Services. Here are SSIS, we represent all insurance markets offering Title Agent E&O. We shop all available insurance markets for you every year to assure you are maximizing the coverage available with competitive rates! Never just rubber stamp your renewal. We will do the shopping for you!
What does Wire Fraud / Cyber Liability do?
Wire Fraud / Cyber Liability insurance provides protection for your agency in the event there is a cyber breech of the Private and Personal Information (PPI), stored in your database. This helps cover the costs of the recovery of the data that was breeched whether the data is lost, held for Extortion or Ransom and more. Vital to this coverage is Social Engineering and Invoice Manipulation. Added as endorsements to the Cyber Liability policy, Social Engineering and Invoice Manipulation are the leading cause of cyber theft and wire fraud in the title industry. We can help cover outgoing wires (Social Engineering) and Incoming Wires (Invoice Manipulation) in the event of a compromised email with a Title Agency Specific cyber policy.
What happens when the criminal is within your own staff?
The Fidelity Bond or Crime Policy will protect your Agency from Employee Dishonesty or Employee Theft of money or securities. For our Title Agency Industry, we place a Form 15 Financial Institution Bond (FIB). This FIB will protect your Escrow Account as well as your Operating account from bad actors within your company staff. Many Title Underwriters require this coverage as part of contractual requirements.
What if I have my Fidelity Bond/Crime Policy added on to my General Liability?
Please also note, not all Fidelity or Crime Polices are the same. Many of these polices were designed for retail type businesses and will exclude coverage for the Escrow Account when applied to a Title Agency. Therefore, it is vital to use an insurance professional that is experienced in the Title Agency Industry. We will only place a Form 15 Financial Institution Bond for your Fidelity Bond/ Crime Policy needs.
When General Liability is required?
General Liability and Property Insurance is normally required by the lease agreement for your office. SSIS has a unique relationship with The Hartford and we have created a special product for our Title Agents. The General Liability policy will include the coverage each Title Agent should have in place, like:General Liability and Property Insurance is normally required by the lease agreement for your office. SSIS has a unique relationship with The Hartford and we have created a special product for our Title Agents. The General Liability policy will include the coverage each Title Agent should have in place, like:• Hire/Non-Owned auto that will extend the General Liability Limits in the event of a wreck when an employee uses a personal vehicle for a business duty like bank deposits and even pickin up lunch for the staff. • Employment Practices Liability (EPL)- offering protection for the Hiring and Firing practices.• ERISA protection- Offering Coverage for the management of retirement accounts like 401K. • And much more!
Not sure what you need? Talk with Jerome Magana to learn what’s best for your business.
LET’S GET IN TOUCH
If you have any question regarding our service, we encourage you to schedule an appointment or phone consultation with one of our insurance agents or visit our office. We are pleased to offer the best insurance plans for you, your family or your business.
Securance Specialty Insurance Services,
3100 Gessner Rd, Ste# 560 Houston, TX 77063