Alliant National’s Agent Quality Management System Passes Service Organization Control Exam
Alliant National achieves compliant status for six consecutive years.
LONGMONT, Colo. (April 9, 2020) – Alliant National Title Insurance Company, 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 sixth consecutive year.
The examination results in an American Institute of Certified Public Accountants (AICPA) endorsed report stating that Alliant National Title Insurance Company has maintained effective controls over its Agent Quality Management System. A-Lign Certified Public Accountants of Tampa, Fla., performed the engagement. The unqualified satisfactory report, with no exceptions, was issued January 6, 2020 and covered the full year 2019.
The successful SSAE 18 Type II examination verifies Alliant National’s processes for approving, monitoring, and reviewing its agents, which results in its agents being designated as Authorized Service Providers of Alliant National. Under this framework, Alliant National’s independent agents are reviewed annually against rigorous quality standards. Moreover, the SSAE 18 Type II exam validates the systems in place to minimize risk of financial loss to customers in connection with real estate closings. Lenders relying upon Alliant National’s oversight of its agents and Authorized Service Provider program receive additional assurance that processes are complete and function properly in accurately reviewing or certifying its agents.
“Alliant National was the first title insurance underwriter in the nation to obtain an SSAE16 (now SSAE 18) Type II compliant status,” says Alliant National’s President and CEO, David Sinclair. “Alliant National is also the only title insurance underwriter to achieve compliant status for six consecutive years.
“This certification provides further independent assurance of our agent oversight systems to lenders,” says Sinclair. “Our goal is to provide lenders unequivocal evidence of the quality of our agents through an independently audited system.”
Alliant National 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 alliantnational.com for additional information.
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ABOUT ALLIANT NATIONAL TITLE INSURANCE COMPANY
The Independent Underwriter for The Independent Agent® – Alliant National 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 25 states and the District of Columbia, with annual revenues exceeding $126 million.
Tags: Company news, SSAE18