NEW YORK, Oct. 07, 2015 (GLOBE NEWSWIRE) -- MiT National Land Services (MiT) has become one of the fastest-growing title insurance agencies on the East Coast, tripling revenue in its most recent fiscal quarter and significantly growing its employee base since opening its doors in August of 2014. Representing three of the five leading underwriting agencies nationally—First American Title, Old Republic National Title, and Stewart Title—MiT has also quickly established a national presence.
Led by president and chief counsel Marc Israel who is well known in the industry, MiT is a full-service title insurance agency focused on both commercial and residential properties. The company recently insured several high-end properties along the East Coast, issued title insurance on a high profile $300 million New York City development and issued title policies for what will be one of the tallest towers in Queens County.
“MiT has seen tremendous growth this first year driven by high demand in our commercial and residential divisions in New York and nationally,” said Marc Israel, MiT founder and president. “Based on our current trajectory and strategic partnerships in place we expect to at least double again in the next year.”
MiT has also made a number of strategic hires over the last year including former Skyline Title Managing Director Bryant Goulding, as well as bringing on key personnel in Miami, Philadelphia, and other strategic markets. These hires bring significant books of business with them that will further propel growth at MiT in the coming years. During the last year the company quadrupled its sales staff from 3 to 12 and employs more than 35 people in its back office to handle production requirements.
“MiT is one of our fastest growing agents and we are proud to work with them,” said Steven Vincini, Vice President and New York State Manager for First American Title Insurance Company, "Marc and his team have quickly proven to be one of our best agents and do a great job representing First American and our brand.”
Through its affiliated organization, National Law Institute (NLI), MiT also provides Continuing Legal Education (CLE) for attorneys in New York and New Jersey and is in the process of expanding its classes to other states. NLI produces and distributes hundreds of hours of live, video, and online CLE classes that are attended, viewed, and taken by a growing base of thousands of lawyers and other professionals in the New York metropolitan area and around the country. In addition, in order to obtain their title insurance agent license in New York, applicants must complete a New York-approved pre-licensing course, and NLI is one of only three state-approved providers to teach the pre-licensing course and administer the pre-licensing exam. To view upcoming classes please visit the NLI course catalog.
About MiT National Land Services
MiT National Land Services is a national title insurance agency with significant commercial, residential, and multi-state experience. That experience combined with a philosophy of offering the best service as quickly as possible has earned MiT National a reputation as one of the most respected companies in the title insurance industry. Through its affiliated organization, National Law Institute (NLI) as well as title insurance licensing courses, MiT also provides Continuing Legal Education (CLE) in New York and New Jersey. For more information, log onto www.MiTNational.com.
Source: MIT National Land Services