Autonomous Research has estimated the Title Insurance industry at $13 billion in the US alone. Title insurance covers the loss of ownership interest of a property from defects in title to real property and is a necessity if a property is mortgaged. We found a notable dip in revenues following the financial crisis, with revenues dropping from $14.2 to $10 billion from 2007 to 2008. Growth rate following the crisis has been sluggish, rising only from its lowest revenue of $9.4 billion in 2009 to the $13 billion in 2015.
The overall market revenue is defined by the following segments: (1) revenues gained directly and (2) revenues gained through agents. Findings show that the revenues were predominately gained through agents, who contributed to 60% of all revenues.