United Guaranty named number one mortgage insurance company
Sales exceeded $50 billion
United Guaranty was named the number one mortgage insurance company in terms of traditional new insurance written, according to Inside Mortgage Finance.
United Guaranty was named number one for five years in a row, since 2011. Their first-lien NIW exceeded $50 billion in 2015.
The company’s CEO credits their success to their customer service, and the quality of their products.
“We have earned our customers’ business for more than 50 years because of our people, service level, and products,” said Donna DeMaio, United Guaranty President and CEO. “We’re gratified that lenders continued to reward us with their business at a record level in 2015.”
The company will continue to focus on their strengths as they move into 2016.
“In 2016, our focus will continue to be on building on our strengths, including our solid capital base and our advanced technology, to continue to earn our customers’ loyalty,” DeMaio said.
United Guaranty’s success began in 2009 with the introduction of Performance Premium, the first truly risk-based pricing in the MI industry, DeMaio said.