Insurance - Property & Casualty Industry | Financial Services Sector | Mr. Maxwell Simkoff CEO | OTC PINK Exchange | - ISIN |
US Country | 239 Employees | - Last Dividend | - Last Split | 29 Jul 2021 IPO Date |
Doma Holdings Inc., established in 2016 and based in San Francisco, California, specializes in issuing residential and commercial title insurance for both purchase and refinance transactions across the United States. The company operates through two main segments, namely Underwriting, and Corporate and Other. It plays a pivotal role in the residential real estate market by providing essential insurance services and has established a strong presence by serving homeowners, lenders, title agents, and real estate professionals. Through its direct agents and a network of third-party agents, Doma Holdings delivers comprehensive title, escrow, and settlement services tailored to the unique needs of each client, further supported by its investment activities that bolster its portfolio.
Doma Holdings offers title insurance underwriting services which are crucial for the protection against financial loss from defects in title to real property. These services are available for both residential and commercial properties and are accessible through its extensive network of third-party agents. The title insurance covers various risks, including fraud, forgery, and liens, ensuring a secure transaction for all parties involved.
For residential refinance transactions, Doma Holdings provides specialized escrow and settlement services through its direct agents. These services play a critical role in the closing process of real estate transactions, involving the preparation and coordination of closing documents, collection and disbursement of funds, and ensuring that all parties meet their contractual obligations. This streamlined approach ensures a smooth and efficient transaction process for homeowners and lenders alike.
Beyond its core insurance products, Doma Holdings engages in strategic investment activities. This includes managing an investment portfolio that supports the company’s financial health and allows for ongoing innovation and expansion of services. Through smart investments, Doma Holdings seeks to enhance its service offerings and provide additional value to its customers in the real estate industry.