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About Us
BlueChip Title Solutions Ltd was formed in 2007 to provide the market in Northern
Ireland and the Republic of Ireland with a title insurance service which would attract
the confidence of the legal community. This form of insurance is sometimes known
as Defective Title Insurance or a Title Indemnity Bond. BlueChip Title Solutions Ltd
represent, as marketers, First Title Insurance plc as a specialist title insurance company on
the island of Ireland.
Title insurance is designed to assist property transactions where there are issues
around the title which increase risk in relation to the transaction. The insurance
mitigates this risk and passes it to a very large insurer who will deal with any
claim insured under the policy on a no-fault basis. In some cases this will assist
in reducing the risk of a Professional Indemnity claim against a law firm.
We primarily provide service to Law Firms large and small, but also to Banks and
Insolvency Practitioners to help with the widest range of title insurance solutions
in Northern Ireland and the Republic of Ireland.
Formerly, title insurance was perceived as an issue of last resort and was characterised
by often slow and confused service, not helped by differences in land law between
the jurisdictions. There was little technical support for the legal profession in
accessing appropriate client solutions.
First Title Insurance plc has a reputation for excellent customer service and a flexible and problem-solving
attitude. Feedback from the market has been exceptional, with rapid turnaround of
enquiries and a wide range of title related problems insured.
During 2008, BlueChip became involved in the relaunch of the proposition to the
market in the Republic of Ireland and continues to be active in that market. With
the advent of NAMA in the middle of a credit crunch, the market has to some extent
shifted towards addressing problems around distressed asset sales or transfers.
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Gary Mills has worked in Financial Services for over 30 years. After graduation
from University in Belfast in 1976 he worked in the insurance market for a few years
before joining the company which eventually became Alliance & Leicester Plc.
During the last eight years of his career until early retirement in 2003, he was
Regional Manager of Alliance & Leicester’s retail banking operations in Northern
Ireland. In addition, he managed the retail banking operations in Scotland and Northern
England for a period and was responsible for the National Sales Support Operation
for part of that time. During 2000 he first came into contact with First Title in
relation to a major change programme within the Bank.
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Awarded a Masters in Business in Administration during the 1990’s, he was Chairman
of the Council of Mortgage Lenders (CML) Committee for two terms and has served
on a number of public bodies, including as Deputy Chairman of the Consumer Council
in Northern Ireland. He is currently Chairman of Lloyds TSB Foundation for Northern
Ireland .
Contact Mobile
+44 (0) 7793814300
Email gm@bluechiptitle.eu
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Derek Young commenced his career with a major composite Insurance Company,
where he completed his Chartered Insurance Institute Qualifications and then joined
mutual Building Society which eventually became Alliance & Leicester Plc. Branch
Manager roles led to a senior appointment managing the Bank’s Intermediary Sales
Operation in Northern Ireland .
Derek chaired the joint BSA/CML Committee in Northern Ireland for a four year period
in the 1990’s, and has served on other public bodies including the Historic Buildings
Council.
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A major outside interest has been his focus on industrial archaeology, particularly
railways. A founder member of the Railway Preservation Society of Ireland, he has
been an author and contributor to a number of books and articles on railway history
Contact Mobile
+44 (0) 7763924935
Email dy@bluechiptitle.eu
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