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Fidelity National Financial

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Fidelity National Financial
Company typePublic
NYSEFNF
IndustryFinancial Sector
HeadquartersJacksonville, Florida, U.S.
Key people
William P. Foley II - Chairman of the Board
Raymond R. Quirk - Chief Executive Officer
Michael J. Nolan - President
Brent B. Bickett - Executive Vice President
Anthony J. Park - Chief Financial Officer
ProductsTitle insurance, mortgage services & other diversified services
RevenueIncrease$6.494 billion USD (nine months ending September 30, 2013)
Increase$344 million USD (nine months ending September 30, 2013)
Number of employees
19,500
Websitewww.fnf.com

Fidelity National Financial, Inc. (NYSE:FNF), a Fortune 500 company, is the United States' 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 multimillion-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, Village Inn, and Bakers Square concepts. FNF also owns 100% of J. Alexander's, an upscale dining concept, which also owns Stoney River Legendary Steaks. In addition, FNF owns Digital Insurance, Inc., owns a 51% stake in Remy International, Inc. and a minority interest in Ceridian Corporation.[2]

Fidelity National Title Group

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

References