Alliant National’s Agent Quality Management System Passes Service Organization Control Exam
The company meets rigorous SSAE 18 Type II standards for the eighth consecutive year.
Longmont, Colo.— (February 02, 2022) – Alliant National Title Insurance Company, a unique title insurance underwriter that partners with independent agents to improve their competitive position, 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 eighth consecutive year.
Upon successful completion of the examination, Alliant National received an AICPA-endorsed report stating that the company has maintained effective controls over its Agent Quality Management System, which is the framework it uses to approve and monitor its agents. Under this framework, Alliant National agents are reviewed against rigorous quality standards and are designated as Authorized Service Providers of Alliant National.
The SSAE 18 Type II exam also validates the company’s systems for minimizing the risk of insureds’ financial loss in connection with real estate closings. Lenders relying on Alliant National’s oversight procedures gain additional assurance through the results of the examination, as they firmly establish that the company’s Quality Management System processes are complete and function properly as designed.
“Alliant National was the first title insurance underwriter in the nation to obtain an SSAE16 – now SSAE 18 – Type II compliant status and is the only underwriter to achieve compliance for eight consecutive years,” said Alliant National President and CEO David Sinclair. “This certification provides further independent assurance and validation of our agent oversight systems to lenders. Our goal is to provide lenders unequivocal evidence of the quality of our agents through an independently audited system.”
A-Lign Certified Public Accountants of Tampa, Fla., performed the engagement and certification. The unqualified satisfactory report, with no exceptions, was issued January 7, 2022, and covered the full year of 2021.
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.
Capital City Public Relations
ABOUT ALLIANT NATIONAL TITLE INSURANCE COMPANY
The Independent Underwriter for The Independent AgentSM – Alliant National believes in empowering people to thrive.
The company protects the dreams of property owners with secure title insurance and partners with 600+ trusted independent title agents as a licensed underwriter in 30
states and the District of Columbia.
Tags: compliance, SSAE18