SSAE Archives - �ǿմ�ý �ǿմ�ý Title Insurance Co.

�ǿմ�ý �ǿմ�ý’s Agent Quality Management System Passes 2022 Service Organization Control Exam

Adam Mohrbacher — Wed, 17 May 2023 21:55:00 +0000

�ǿմ�ý, the title insurer that is uniquely responsive to the needs of independent agents, announces that it has successfully completed the Service Organization Control (SOC 1) SSAE 18 Type II examination of its Agent Quality Management System for the ninth consecutive year.

Upon completing the examination, �ǿմ�ý �ǿմ�ý received an American Institute of Certified Public Accountants (AICPA)-endorsed report stating that the company has maintained effective controls over its Agent Quality Management System, the framework it uses to approve and monitor its agents. �ǿմ�ý �ǿմ�ý agents are independently reviewed against over 100 rigorous quality standards under this system and are designated as Authorized Service Providers of �ǿմ�ý �ǿմ�ý.

“�ǿմ�ý �ǿմ�ý was the first title insurance underwriter in the nation to obtain SSAE 16 – which is now SSAE 18 – Type II certified compliant status. It is also the only underwriter to achieve compliance for nine consecutive years,” said David Sinclair, President and CEO of �ǿմ�ý �ǿմ�ý.

The SSAE 18 Type II exam also validates the company’s systems for minimizing the risk of insureds’ financial loss with real estate closings. Lenders relying on �ǿմ�ý �ǿմ�ý’s oversight procedures gain additional assurances by virtue of the company passing the examination. It firmly establishes that the company’s Quality Management System processes are complete and function at the highest-possible quality.

“This certification provides additional levels of confidence in our agent oversight systems to lenders and stakeholders,” Sinclair said. “Our goal is to provide lenders with strong and unequivocal evidence of our agents’ quality through an independently audited system. By once again achieving this certification, our partners can rest assured that we take these responsibilities seriously.”

A-Lign Certified Public Accountants of Tampa, Fla., conducted the examination and certification. The unqualified satisfactory report, with no findings or exceptions, was issued January 6, 2023, and it covered the full year of 2022.

�ǿմ�ý �ǿմ�ý supports its independent agents by combining expert residential and commercial underwriting with a passionate heart for service. The company delivers uncommon help that promotes the wellbeing of agents and the communities they serve.

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ABOUT ALLIANT NATIONAL TITLE INSURANCE COMPANY

�ǿմ�ý �ǿմ�ý is on a mission to empower independent agents while protecting property owners with secure title insurance. The company partners with its agents and never competes against them with direct or affiliate operations. �ǿմ�ý �ǿմ�ý serves thousands of title professionals as a licensed underwriter in 30 states and the District of Columbia.

The post �ǿմ�ý �ǿմ�ý’s Agent Quality Management System Passes 2022 Service Organization Control Exam appeared first on �ǿմ�ý �ǿմ�ý Title Insurance Co..

�ǿմ�ý �ǿմ�ý Meets Rigorous SSAE 18 Type II Standards for the 7th Consecutive Year

anticadmin — Sun, 16 May 2021 16:34:00 +0000

�ǿմ�ý’s Agent Quality Management System Passes Service Organization Control Exam.

Longmont, Colo. – (March 23, 2021) – �ǿմ�ý, a unique title insurance underwriter that partners with independent agents to improve their competitive position in the marketplace, announces the successful completion of the Service Organization Control (SOC) 1 SSAE 18 Type II examination for the seventh consecutive year.

By completing the examination, �ǿմ�ý �ǿմ�ý will receive mention in an AICPA-endorsed report, stating that the company has maintained effective controls over its Agent Quality Management System. It also verifies that �ǿմ�ý �ǿմ�ý’s processes for approving, monitoring and reviewing its agents, which results in their designation as Authorized Service Providers, include rigorous quality standards.

Additionally, SSAE 18 certified compliant status validates �ǿմ�ý �ǿմ�ý’s systems for minimizing customers’ risk of financial loss in connection with real estate closings. As a result, lenders relying upon �ǿմ�ý �ǿմ�ý’s oversight of its agents and Authorized Service Provider program receive additional assurance that processes are complete and accurate.

“�ǿմ�ý �ǿմ�ý was the first title insurance underwriter in the nation to obtain compliant status and is the only title insurance underwriter to achieve compliant status for seven consecutive years,” said David Sinclair, President and CEO of �ǿմ�ý �ǿմ�ý. “This certification provides further independent assurance of our agent oversight systems to lenders. Providing lenders with unequivocal evidence of the quality of our agents through an independently audited system is a top priority of �ǿմ�ý �ǿմ�ý.”

A-Lign Certified Public Accountants of Tampa, Fla., performed the engagement and certification. The unqualified satisfactory report, with no exceptions, was issued January 11, 2021, and the audit scope covered the full year 2020.

�ǿմ�ý �ǿմ�ý distinguishes itself from competitors by combining strong underwriting capability with independent agents’ in-depth knowledge of local markets. The result is a nationwide network with deep roots in local communities, and a wealth of expertise that is flexible, nuanced, and continuously growing.

Visit for additional information.

MEDIA INQUIRIES

Cathie Beck
Capital City Public Relations
e: cathie@capitalcitypr.com
p: 303-241-0805

ABOUT ALLIANT NATIONAL TITLE INSURANCE COMPANY

The Independent Underwriter for The Independent Agent^SM – �ǿմ�ý �ǿմ�ý believes in empowering people to thrive.
The company protects the dreams of property owners with secure title insurance and partners with 500+ trusted independent title agents as a licensed underwriter in 27 states and the District of Columbia

The post �ǿմ�ý �ǿմ�ý Meets Rigorous SSAE 18 Type II Standards for the 7th Consecutive Year appeared first on �ǿմ�ý �ǿմ�ý Title Insurance Co..