UCCPlus is Celebrating 15 Years of Helping Clients Minimize Risk and Build Value
A message from Gary M. Zimmerman, SVP and Chief Underwriting Counsel
In 2002, the leaders at Fidelity National Financial identified an industry need to protect commercial lenders making loans on personal property. As the top provider of title insurance for real property, FNF developed a title insurance solution for personal property offered as collateral for a loan. This solution, insuring any collateral under Articles 8 and 9 of the Uniform Commercial Code, would be delivered by a new division within FNF called UCCPlus.
Fifteen years later, UCCPlus is now a leader in the UCC insurance market and the preferred provider for many of the world’s top lending institutions and law firms. With a UCCPlus Insurance Policy, lenders are able to not only mitigate many of the risks associated with secured commercial loan transactions, but also see potential gains in the value of their loan portfolios. As a result, obtaining a UCCPlus Insurance Policy has become a best practice for secured lenders.
The success of UCCPlus is due to the foresight, partnership and dedicated expertise of many people:
With outstanding corporate leadership, industry partners, employees and world-class clients, we look forward to the next 15 years!
- UCCPlus is indebted to the leaders of our parent organization, FNF, who understood the challenges faced by lenders and had the vision to develop a title insurance solution to protect personal property loan transactions in the same way as real estate transactions.
- We are also greatly appreciative of our industry partners, including Information Management Network, iGlobal Forum and the Commercial Finance Association. These organizations have provided a bridge to the lending institutions and law firms at the forefront of the UCC insurance industry. They have also provided a vehicle for us to speak and network with the users who directly benefit from a UCC insurance solution.
- The success of UCCPlus is also dependent upon our extraordinary team of attorneys and paralegal underwriters who have an unwavering commitment to helping our clients achieve their goals. Every day, I have seen our team of professionals use their talents, insights and creativity to deliver best-in-class service to our clients.
- Above all, we at UCCPlus extend our gratitude to our clients. You are at the center of everything we do. You have brought us your challenges, and together we have developed solutions that are setting the standard in UCC insurance coverage.