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February 6, 2023

On February 2, Willkie client Essent Group Ltd. announced that it entered into an agreement through its subsidiary Essent US Holdings, Inc. to acquire Agents National Title Holding Company and Boston National Holdings LLC from Incenter LLC, a subsidiary of Finance of America Companies Inc., for $100 million.

Agents National Title, based in Missouri, is a title insurance underwriter with 44 state licenses, and issues title insurance products through a network of title insurance agents. Boston National Title is an independent title agency based in North Carolina that provides title and settlement services, with licenses in 40 states and the District of Columbia.

Willkie previously advised Essent in numerous transactions, including its launch in 2009 and initial public offering in 2013.

Essent Group Ltd. is a Bermuda-based holding company, which, through its wholly owned subsidiary, Essent Guaranty, Inc., offers private mortgage insurance for single-family mortgage loans in the United States.

The Willkie team was led by Laura Delanoy and Michael Groll and included Jenae Moxie.
 
Michael Groll
Michael Groll Senior Counsel Insurance - Transactional and Regulatory