Member Highlight – Underwriter: Roy Perilloux
As a Ronald Reagan delegate to the 1976 Republican National Convention that ultimately nominated Gerald Ford, Roy Perilloux makes no claims of political savvy. However, the same cannot be said of his career in the title industry. Beginning in 1985 as an approved attorney for two different title insurers, Roy’s law practice centered around real estate transactions for nearly 30 years. In 1999, he forged a relationship with The Security Title Guarantee Corporation of Baltimore, thus beginning a journey that ultimately led to his current position as a Vice President and MS State Manager and Underwriting Counsel for the underwriter. He is also a member of The Security Title Guarantee Corporation’s Board of Directors and serves on the Company’s Risk Committee. He is a past President of Southeast Land Title Association, formerly known as the Dixie Land Title Association. Roy is licensed to practice law in both Mississippi and Louisiana.
Over the course of his lengthy career, Roy has witnessed many changes within the title industry.
I have been around for every innovation from Wite-Out to the total digital revolution.
Aside from technology changes, Roy credits RESPA and the Dodd-Frank Act with its subsequent creation of the CFPB with bringing about the most sweeping changes to the industry.
His advice to anyone just starting out in this business is simple:
The old life lesson that haste makes waste is one that all newcomers should learn and abide by.
Roy credits his dedication and an unrelenting quest to learn and grow as the key to doing his job well.
Certifying and insuring title is serious business and impacts the lives of the interested parties for years to come.
While underwriting is a serious business, one that Roy thoroughly enjoys, there’s plenty of fodder for a laugh here and there. He recounts underwriting a timber transaction several years ago and reviewing a last will and testament that left all real property to “the longest liver…”. Roy says he wasn’t sure if he should require exhumation of the remains for measurement or if he could simply rely upon tenancy with the benefit of survivorship. Let’s hope he chose the latter!
Roy has been married to Bonnielyn Silva Perilloux for 53 years. Together, they have three children and four grandchildren. When Roy isn’t jetting to and from Baltimore for board meetings, the avid college sports enthusiast enjoys spending time at his retreat in Bay St. Louis as well as traveling abroad, having recently visited Spain, Portugal, France, Italy, Germany, and Austria.
To learn more about Roy, visit his member profile.