MacGregor Abstract

What MacGregor Abstract does

MacGregor Abstract is a privately held New York title insurance agency founded in 1986 by Thomas J. Casill and headquartered in Valley Stream, NY. The firm provides full-service title insurance, title searches, and closing coordination for residential, commercial, and specialized real estate transactions across New York State and the broader Tri-State area, having issued more than 250,000 policies over its operating history. Its core product suite includes owner and lender title insurance policies, a menu of municipal and specialty searches (attorney, bankruptcy, business, co-op, foreclosure, judgment and lien, tax, UCC, zoning), and county-specific recording services with published rate cards covering Nassau, NYC, Suffolk, and other New York counties.

The business is built around a custom order tracking system that the company states enables delivery of 95% of titles within 5-7 working days, and a staff experienced in resolving complex or non-standard title files that competitors decline. Customers are primarily B2B referral-driven: real estate law firms, mortgage lenders and banks, investors, property managers, and other title agencies that route transactions to MacGregor through long-standing professional relationships. Revenue is generated per transaction through insurance premiums, search fees, and recording charges under a unit-pricing model. In 2023 the company was acquired by Town Title Family of Companies, with the founder continuing as President and CEO; the firm maintains operational independence within the larger platform.

Name

MacGregor Abstract

Legal name

MacGregor Abstract LLC

Website

https://macgregorabstract.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

MacGregor Abstract is a New York-based title insurance agency founded in 1986, providing title searches, policies, and closing services for residential, commercial, and complex real estate transactions across New York State and the Tri-State area, serving law firms, lenders, investors, and developers. Since 2023 it has operated as part of Town Title Family of Companies.

Ownership category

akta.pro rank

Product category

Title Insurance Services

NAICS

Title Abstract and Settlement Offices (541191)

SIC

Title Insurance (6361)

akta.pro industry

PRIMARYBPAJAOAA

Title Insurance & Underwriting

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Transaction Services (Escrow, Title & Closing Coordination)

SECONDARYBPAJAOAB

Title Search & Examination

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Transaction Services (Escrow, Title & Closing Coordination)

SECONDARYBPAJAOAE

Closing & Settlement Services (Settlement Agents)

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Transaction Services (Escrow, Title & Closing Coordination)

SECONDARYBPAJAOAC

Abstracting Services (Title Abstracts)

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Transaction Services (Escrow, Title & Closing Coordination)

Keywords

• Title insurance agency
• Title search services
• Real estate closing
• Property title examination
• Title policy issuance

Headquarters

HQ city

Valley Stream

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Title Insurance Services: Provides title insurance policies for residential, commercial, and complex real estate transactions. Generates revenue through insurance premiums, search fees, and recording charges for property title examination and insurance coverage.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

MacGregor Abstract is a full-service title insurance agency providing title search, title insurance policy issuance, and closing coordination services for residential, commercial, and specialized real estate transactions across New York State and the Tri-State area. The agency also offers county-specific recording services and an extensive library of New York legal forms (affidavits, CEMA agreements, deeds, contracts of sale) used by attorneys and lenders during closings.

Product overview

MacGregor Abstract is a full-service title insurance agency offering a unified suite of title insurance and closing services for real estate transactions. The core offering consists of title insurance agency services encompassing policy issuance, title searches, and closing coordination. Supporting services include an extensive library of New York-specific legal forms (affidavits, contracts, deeds, CEMA documents) and county-specific recording services. The company operates primarily in New York State and the Tri-State area, serving residential, commercial, and specialized transactions including cooperatives, farms, marinas, and religious organizations.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 95% of titles delivered within 5-7 working days of order placement
• +1 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Town Title Family of CompaniescoreStrategic or Co-development PartnerMacGregor Abstract became part of the Town Title Family of Companies. This acquisition enhances their ability to serve clients throughout New York and beyond, combining strengths to deliver innovative, client-focused solutions supported by a legacy of tradition.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Spruce: Title insurance and escrow technology platform serving real estate professionals. Threatens traditional title agencies by digitizing ordering, underwriting, and closing workflows that MacGregor currently performs manually.
• Endpoint: Digital-first title and escrow platform building a national closing infrastructure. An emerging disruptor to traditional agencies like MacGregor by offering lender- and consumer-facing technology that may compress agency share over time.

Broad incumbents

• Stewart Title: Top-tier US title insurer with agency operations. Competes with MacGregor in title insurance and closing services for real estate transactions, with broader geographic coverage and direct underwriter capacity.
• First American Title Insurance Company: Largest US title insurance underwriter with a national agency network. Comparable to MacGregor as both sell title insurance and ancillary settlement services to real estate buyers, sellers, and lenders; First American operates at vastly larger scale and offers direct carrier capacity that MacGregor accesses as an agent.
• Fidelity National Title: Major national title insurance underwriter and part of FNF. Overlaps with MacGregor on title search, examination, closing, and escrow-adjacent services for residential and commercial real estate, but operates a direct underwriting model across all 50 states.
• Chicago Title Insurance Company: One of the largest US title insurers under the Fidelity National Financial umbrella. Overlaps with MacGregor on title search, examination, and policy issuance for residential and commercial transactions, with national agency infrastructure.
• Old Republic Title: National title insurance carrier serving lenders, real estate professionals, and consumers. Comparable to MacGregor in core service offering (title insurance, escrow, closing coordination) but at significantly larger scale and with direct underwriting capability.

Direct peers

• Town Title Agency: Strategic operating company that acquired MacGregor Abstract; offers title insurance and settlement services in the NY/NJ/CT region. Closest comparable in terms of product mix and regional focus, and now MacGregor's parent/sibling platform.

Others

• Qualia: Closing and title production software platform used by title agents and underwriters. Adjacent infrastructure provider to MacGregor's workflow; serves similar customers (title agencies, law firms, lenders) with software rather than title insurance directly.

Regional players

• Quest Abstract: Regional NY-area title abstract company offering title search and examination services. Comparable to MacGregor on the abstract/search side of the workflow, though smaller scale and more limited product breadth.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/macgregor-abstract-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MacGregor Abstract