Legal professionals benefit from FCT’s expansion of E&O coverage

It’s now even easier for legal professionals to mitigate risk on their real estate transactions, thanks to a significant upgrade to FCT’s E&O Complete™ coverage.

E&O Complete™, the best way for legal professionals to get direct and hassle-free coverage for E&O claims, has increased coverage from a maximum of three claims or $10,000 per policy year to a maximum of four claims or $20,000 per policy year. It’s a move that speaks to the evolving role of risk management in real estate transactions, and FCT’s commitment to supporting legal professionals.

“We’re committed to giving our customers more protection,” said Ian Fitzner-LeBlanc, Vice-President of legal solutions at FCT. “This is a change that we feel will be a real benefit for legal professionals.”

By fixing smaller issues quickly, E&O Complete™ helps make sure that minor problems on a transaction don’t grow into financial losses or reputational damage. Together with title insurance, it’s essential coverage for legal professionals in real estate, where unexpected issues can happen at any time.

Legal professionals can close with confidence on every transaction, knowing that their expanded coverage through E&O Complete™ has them covered in an always-shifting real estate market.

 

About FCT

Based in Oakville, Ontario, FCT has over 1,200 employees across the country. FCT provides industry-leading title insurance, default solutions and other real estate-related products and services to approximately 450 lenders, 43,000 legal professionals and 5,000 recovery professionals, as well as real estate agents, mortgage brokers and builders, nationwide.

Great Place to Work® has named FCT one of Canada’s Best Workplaces® for 10 consecutive years (2014-2023) and certified FCT as a Great Place to Work®. In 2024, FCT’s parent company, First American Financial Corporation, was named both one of the 100 Best Companies to Work For and one of the Best Workplaces for Women™ by Great Place to Work® and Fortune Magazine for the ninth consecutive year.

For more information on FCT, please visit the company website at www.fct.ca.

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