Countrywide Legal Indemnities

Countrywide Legal Indemnities

Countrywide Legal Indemnities is a British title insurance company founded in 1994 and is named in the Solicitors Journal as being “one of the country’s leading intermediaries”.[1] The company is based in Norwich, Norfolk, and currently[when?] employs over sixty staff.

Countrywide Legal Indemnities is an underwriting agency that works with conveyancing professionals. They supply legal indemnity insurance and protection to individuals and firms purchasing property or land with a title defect. Since 2001, local authorities in England have been testing land for harmful chemicals under the new environmental measures that were introduced and this has encouraged firms such as Countrywide to develop policies to protect against the threat of historical contaminated land.

“a number of insurers, such as Countrywide Legal Indemnities, are now offering additional cover to protect against contaminated land.”[2]

In 1997, Countrywide was endorsed by The Law Society, providing its members with a Defective Title insurance Scheme and other related indemnities on their behalf. It remains the only legal indemnity provider to be endorsed by The Law Society.

The company also offers title indemnity policies for property in other countries.[3][4]

In 2007, the Sunday Times listed Countrywide Legal in 34th place in its list of "Best 100 Companies".[5]

References

  1. ^ Towler, Andrew (7 April 2006). "Well covered". Solicitors Journal. http://www.solicitorsjournal.com/story.asp?storyCode=7527&eclipse_action=getsession. Retrieved 20 January 2010. "In a rapidly changing housing market, Andrew Towler finds out about legal indemnity options for conveyancers" 
  2. ^ Toyne, Sarah (2 July 2001). "Environmental 'time bomb' for properties". BBC News. http://news.bbc.co.uk/2/hi/business/1417969.stm. Retrieved 20 January 2010. 
  3. ^ "In Brief: Title insurance for overseas deals.(Brief article)". Mortgage Strategy: p. 14. January 14, 2008. http://www.accessmylibrary.com/article-1G1-173419149/brief-title-insurance-overseas.html. Retrieved 20 January 2010. "Goldsmith Williams Overseas has unveiled two title insurance products for clients purchasing property overseas. The first, launched in conjunction with Countrywide Legal Indemnities and..." 
  4. ^ "Goldsmith aids foreign purchases.". Financial Adviser. January 24, 2008. http://www.accessmylibrary.com/article-1G1-174143773/goldsmith-aids-foreign-purchases.html. Retrieved 20 January 2010. "Company teams up with Countrywide Legal Indemnities and Conti FS to offer a pair of insurance title products" 
  5. ^ "34. Countrywide Legal Indemnities Legal indemnity intermediary". The Sunday Times. February 4, 2007. http://business.timesonline.co.uk/tol/business/career_and_jobs/best_100_companies/best_100_tables/article1442639.ece. Retrieved 20 January 2010. 

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