Backman Title Services

What Backman Title Services does

Backman Title Services is a privately held, locally owned title insurance and escrow settlement company headquartered in Midvale, Utah. Founded in 1900, it operates eight branch offices across the state (Midvale, Bountiful, Layton, Lehi, Ogden, Provo, and St. George) and serves all 29 Utah counties through its foreclosure division. The company generates revenue on a transaction-fee basis, providing title insurance policies (Homeowners and ALTA Extended Lender's), escrow and settlement services, preliminary title reports, foreclosure and trustee sale guarantees, refinance and home equity loan closings, and property information products. Title insurance underwriting is provided through a 2005 partnership with First American Title Insurance Company, and pricing follows schedules filed with the Utah Department of Insurance, including reissue rate discounts of up to 40% on refinance transactions.

Backman's competitive position is built on long-tenured Utah-licensed title examiners (averaging 20+ years of experience), in-state title plant operations rather than outsourced searching, and a branch network that gives agents, lenders, and consumers convenient local access. The ownership structure is distributed across multiple partners at each branch (e.g., Canyon Anderson as Owner/President, Brian Coleman as Owner/VP & General Counsel in Layton), reflecting a regional partner-led model rather than a centralized corporate hierarchy. Customers include home buyers, home sellers, real estate agents and brokers, lenders, builders, and foreclosure-side lenders, attorneys, and investors.

Backman's go-to-market is primarily sales-led, combining direct branch relationships with referrals from real estate professionals, online calculators (Seller Net Sheet, Buying, Selling, Refinancing), online order forms, and a PortalSync-powered member portal for document access and transaction management. The company maintains GLBA-compliant privacy practices and adheres to Utah title law underwriting standards. There is no disclosed revenue, no external funding, and no evidence of AI/ML capabilities; technology is limited to standard title industry tooling and the PortalSync customer portal.

Name

Backman Title Services

Legal name

Backman Title Services Ltd.

Website

https://backmantitle.com

Company type

Private

Founded year

1900

Operating status

Operating

Headcount range

101–250 employees

Short description

Backman Title Services is a privately held Utah title insurance and escrow company, founded in 1900 and operating 8 branches statewide. It serves home buyers, sellers, real estate agents, lenders, builders, and foreclosure clients across all 29 Utah counties on a transaction-fee basis.

Ownership category

akta.pro rank

Product category

Title Insurance and Escrow Services

NAICS

Title Abstract and Settlement Offices (541191)

SIC

Title Insurance (6361)

akta.pro primary industry

Title Insurance & Underwriting (BPAJAOAA)

akta.pro secondary industries

Title Search & Examination (BPAJAOAB), Abstracting Services (Title Abstracts) (BPAJAOAC), Document Preparation & Recording Services (Deeds, Liens) (BPAJAOAG), Title Insurance (FSAJACAL)

Keywords

• Title insurance services
• Escrow settlement services
• Real estate closing
• Foreclosure title reports
• Title examination

Headquarters

HQ city

Midvale

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Title Insurance and Escrow Services: Backman Title generates revenue through transaction-based fees for title insurance policies (Home Owners Policy, ALTA Extended Lender's Policy) and escrow/settlement services. The company offers title insurance from top industry underwriters and facilitates real estate closings for buyers and sellers. Fees are based on filings with the Utah Department of Insurance.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Backman Title Services provides title insurance and escrow/settlement services for residential and commercial real estate transactions across Utah, including Buy/Sell closings, foreclosure/trustee sale guarantees, refinance and home equity loan title work, property information products (plat maps, property profiles, homebuyer checklists), and standalone title reports. The company underwrites through First American Title Insurance Company and is staffed by Utah-licensed title examiners averaging 20+ years of experience, operating from eight branch offices covering all 29 Utah counties.

Product overview

Backman Title Services offers a unified portfolio of title insurance and escrow settlement services centered around five core products: Buy/Sell (real estate closings), Foreclosure/Trustee Sale Guarantee, Refinance and Home Equity Loans, Customer Service (property information products), and Title Report. These core offerings are complemented by four online calculators (Seller Net Sheet, Buying, Selling, and Refinance) that enable customers to estimate closing costs. The company operates eight branch locations across Utah, providing local title examination, escrow services, and property information products with an emphasis on Utah-specific expertise and state law compliance.

Differentiator

Problem solved

Functional benefit

Products and services

• Buy/Sell Closing Services Real estate closing services facilitating property transactions for sellers and homebuyers, including title insurance quotes, title risk identification and elimination, preliminary title report preparation, deed preparation, lien releases, and HUD-1 settlement statement preparation.
• Foreclosure / Trustee Sale Guarantee Title information and products provided to lenders, attorneys, and investors covering all 29 counties in Utah, including Trustee Sale Guarantee, Certified Foreclosure Report, Litigation Report, Title Report Only, Chain of Title Search, and Document Request services.
• Refinance and Home Equity Loan Title Services Title insurance and closing services for lenders and borrowers refinancing home loans, including competitive title insurance rates from industry underwriters, reissue rate discounts up to 40%, and property ownership history, liens, encumbrances, and restrictions verification.
• Property Information and Customer Service Products Property information products including Property Profile with Plat Map, standalone Plat Maps, Utility Sheets, and Homebuyer Checklists for various Utah counties.
• Title Report Property title report service disclosing ownership and lien position of recorded documents and encumbrances. This is distinct from a Preliminary Report or Title Insurance Policy and does not contain requirements for property title transfer or lien position securing.

Named customers3 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

Integration1 record

Partnerships

One partnership is on record.

• First American Title Insurance CompanycoreStrategic or Co-development Partner · 1 January 2005In 2005, Backman partnered with First American Title Insurance Company. This partnership prompted a return to the original name 'Backman Title' and provided opportunity for further growth with continued emphasis on service. First American provides title insurance underwriting for Backman's title policies.

Scale indicators5 records

Recent moves8 records

Expansion highlights4 records

Emerging players

• Doma (formerly known as States Title): Technology-driven title and escrow company using AI and machine learning to streamline title search and underwriting. Represents the digital-first competitive threat to branch-based title companies like Backman Title.

Broad incumbents

• Stewart Title: National title insurance underwriter and former merger partner of Backman Title (1989–2005, as Backman-Stewart Title Services). Operates a similar mix of title insurance, escrow, and settlement services across the U.S.
• First American Title Insurance Company: One of the largest U.S. title insurance underwriters and Backman's exclusive underwriting partner since 2005. Provides the actual title insurance policies that Backman issues, and a major national title and escrow competitor serving all 50 states.
• Old Republic Title: Major national title insurance underwriter with a multi-state branch and agency network. Uses an agency model similar to Backman's relationship with First American, competing for the same lender and real estate agent referral channels.
• Fidelity National Title: Parent of Fidelity National Title and Chicago Title — one of the largest U.S. title insurance groups. Competes directly with Backman in Utah for residential and commercial title and escrow transactions.

Direct peers

• Investors Title Insurance Company: Mid-sized title insurance underwriter focused on real estate transactions, issuing policies through a network of agents. Comparable in scale and agency-style model to Backman Title.
• Title Resources Guaranty Company: Title insurance underwriter that supports independent title agents. Has a comparable product set (ALTA lender's and owner's policies, escrow services) and competes with Backman for institutional referrals.
• Westcor Land Title Insurance Company: National title insurer operating via the agent model, issuing title insurance policies through independent title agencies. Side-by-side competitor with Backman for lender and real estate agent relationships in Utah.
• North American Title Insurance Company: Multi-state title underwriter and agency network serving residential and commercial real estate transactions. Operates as a direct peer in title search, underwriting, and escrow services.
• WFG National Title Insurance Company: National title underwriter working through independent title agents and escrow operations. Comparable agency-model title company with refinance and purchase products similar to Backman's suite.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

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 Backman Title Services