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Old Republic International Corporation (ORI)

NYSE - Nasdaq Real-time price. Currency in USD
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31.75+0.19 (+0.60%)
As of 09:32AM EDT. Market open.

Old Republic International Corporation

307 North Michigan Avenue
Chicago, IL 60601
United States
312 346 8100
https://www.oldrepublic.com

Sector(s)Financial Services
IndustryInsurance - Diversified
Full-time employees9,200

Key executives

NameTitlePayExercisedYear born
Mr. Craig Richard SmiddyPresident, CEO & Director3.24MN/A1964
Mr. Francis Joseph SodaroSenior VP, CFO & Chief Accounting Officer1.34MN/A1969
Mr. William Todd GrayExecutive Vice President1.76MN/A1968
Mr. Jeffrey Patrick LangeSenior Vice President of Underwriting and Distribution1.48MN/A1971
Mr. Stephen Joseph OberstExecutive Vice President1.91M317.41k1968
Mr. Phillip A. SchuttSenior Vice President of InvestmentsN/AN/A1961
Mr. Aaron Howard JacobySenior Vice President of Corporate Development & FinanceN/AN/A1971
Mr. Thomas Andrew DareSenior VP, Secretary & General CounselN/AN/A1962
Mr. Kivin JonesSenior VP & Chief Human Resources OfficerN/AN/AN/A
Ms. Cheryl Ann JonesSenior VP & National Benefits DirectorN/AN/A1954
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business. The General Insurance segment offers aviation, commercial auto, commercial multi-peril, commercial property, general liability, home and auto warranty, inland marine, travel accident, and workers' compensation insurance products; and financial indemnity products for specialty coverages, including errors and omissions, fidelity, directors and officers, and surety. This segment provides its insurance products to businesses, state and local government, and other institutions in transportation, commercial construction, healthcare, education, retail and wholesale trade, forest products, energy, general manufacturing, and financial services industries. The Title Insurance segment offers lenders' and owners' policies to real estate purchasers and investors based upon searches of the public records. This segment also provides escrow closing and construction disbursement services; and real estate information products, national default management services, and various other services pertaining to real estate transfers and loan transactions. The Republic Financial Indemnity Group Run-off Business segment offers private mortgage insurance coverage that protects mortgage lenders and investors from default related losses on residential mortgage loans made primarily to homebuyers. Old Republic International Corporation was founded in 1923 and is based in Chicago, Illinois.

Corporate governance

Old Republic International Corporation’s ISS governance QualityScore as of 1 July 2024 is 3. The pillar scores are Audit: 6; Board: 3; Shareholder rights: 4; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.