Fidelity National Financial

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Fidelity National Financial
Type Public
Traded as NYSEFNF
Industry Financial Sector
Founded 1847
Headquarters Jacksonville, Florida
Key people William P. Foley, II - Chairman of the Board
Raymond R. Quirk - Chief Executive Officer
Brent B. Bickett - President
Anthony J. Park - Chief Financial Officer
Products Title insurance, mortgage services & other diversified services
Revenue Increase$6.494 billion USD (nine months ending September 30, 2013)
Net income Increase$344 million USD (nine months ending September 30, 2013)
Employees 19,500
Website www.fnf.com

Fidelity National Financial, Inc. (NYSE:FNF), a Fortune 500 company, is the nation's largest provider of commercial and residential mortgage and diversified services. FNF generates approximately seven billion in annual revenue from their title and real estate related operations. Fidelity National Financial, Inc. is currently ranked number 316 on Fortune’s list of America’s Largest Companies. The title insurance underwriters that comprise Fidelity National Title Group (FNTG) – Fidelity National Title, Chicago Title, Commonwealth Land Title, Security Title Agency, Ticor Title, and Alamo Title – currently issue residential and commercial title insurance policies for multi-million dollar properties throughout the U.S.[1]

In addition to its title insurance operations, Black Knight Financial Services LLC, ServiceLink Holdings LLC, and other operations, FNF owns a 55% stake in American Blue Ribbon Holdings, LLC, a restaurant owner and operator of the O'Charley's, Ninety Nine Restaurant, Max & Erma's, Village Inn, Bakers Square and Stoney River Legendary Steaks concepts and FNF also owns 100% of J. Alexander's, an upscale dining concept. In addition, FNF also owns a 51% stake in Remy International, Inc., a leading worldwide manufacturer, remanufacturer, and distributor of starters and alternators for light vehicle and commercial vehicle applications, locomotive products and hybrid electric motors. FNF owns Digital Insurance, Inc., the nation's leading employee benefits platform specializing in health insurance distribution and benefits management for small and mid-sized businesses. FNF also owns a minority interest in Ceridian Corporation, a leading provider of global human capital management and payment solutions.[2]

Fidelity National Title Group[edit]

Fidelity National Title Group (FNTG), a subsidiary of FNF established in 2005, provides title insurance and escrow services. Title insurance brand names in the FNTG include Aero Records and Title, Alamo Title Insurance, Chicago Title Insurance Company, Commonwealth, Fidelity National Title, Lawyers Title, Security Union, and Ticor Title Insurance. The FNTG website claims that the group underwriters issue approximately half of the title insurance contracts in the United States. FNTG provides additional real estate related services through brand names such as Fidelity National Home Warranty, ServiceLink, and Fidelity Residential Solutions. For example, Fidelity Residential Solutions provides title insurance and closings services for relocation companies. Fidelity National Title Group owns and operates the consumer education website title.com.

See also[edit]

References[edit]