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Justin Tate-Johnson Welcome graphic

Alliant National Announces the Hiring of Justin Tate-Johnson as National Production Manager   

Longmont, Colo. – (May 09, 2022) – Alliant National Title Insurance Company, the title insurer that is uniquely responsive to the needs of independent agents, announces the hiring of Justin Tate-Johnson as National Production Manager.

Tate-Johnson is a highly skilled professional with extensive experience in real estate, title insurance, closings and escrow. He has spent years working in title search and examination in both agency and underwriter roles and has led production and technology teams to develop unique, agent-focused solutions.

At Alliant National, Tate-Johnson will focus on implementing a nationwide title production solution that will connect agents with fast, reliable title abstracts and commitments to help streamline their processes and develop new efficiencies. He looks forward to helping the title insurance industry accelerate its technology adoption and digital transformation. He is also passionate about helping agents go from contract to close as effectively as possible and enjoys assisting them in solving or avoiding problems.

“Alliant National checks all the boxes of what I was looking for. With its underwriting capabilities and positive, tech-driven culture, Alliant National has developed a powerful reputation as a premier underwriter,” said Tate-Johnson. “I am thrilled to join a customer-focused company that never competes against agents, not to mention work with such an amazing team. I am looking forward to watching Alliant National grow its market share to ensure the independent agent wins.”

“Having Justin join our team is a huge achievement for Alliant National,” said Debra Coffie, SVP, Florida Regional Manager. “He is a true industry talent, with knowledge and experience that is deeply impressive. With his forward-thinking mindset, technical acumen and diverse skillsets, there is no doubt that Justin will play an important role in not only our current operations but our future growth.”

“Alliant National is committed to continually innovating processes and operations to deliver maximum benefit to our agents,” said David Sinclair, President and CEO of Alliant National. “By bringing Justin on board, we are better positioned than ever to align the various technology solutions used by our agents and quickly deliver scalable, integrated title production.”

Tate-Johnson is also a licensed Florida title agent. He lives in the Fort Lauderdale area with his wife and child.

Alliant National 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.

Visit alliantnational.com 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

Alliant National 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. Alliant National serves thousands of title professionals as a licensed underwriter in 30 states and the District of Columbia.

ISO27001 Seal of Excellence

Alliant National Achieves Prestigious ISO 27001 Certification and Becomes the First and Only Underwriter to Obtain the New ISO 27701 Certification

Longmont, Colo. – (May 24, 2022) – Alliant National Title Insurance Company, the title insurer that is uniquely responsive to the needs of independent agents, announces the completion of the ISO 27001 2022 audit, for which it received a prestigious and coveted certification. Alliant National also recently completed the ISO 27701 audit, becoming the first and only underwriter to obtain this new data privacy certification.

ISO 27001:2013 is an information security standard published by the International Organization for Standardization (ISO), the world’s largest developer of voluntary international standards, and the International Electrotechnical Commission. Successfully completing this audit for a third time (it first completed the audit in 2015 and the again in 2018) reflects Alliant National’s ongoing commitment to excellence in meeting rigorous international standards in ensuring the confidentiality, integrity, availability and protection of non-public information. The recertification is valid through 2025, subject to achieving satisfactory annual surveillance audits.

The new ISO 27701:2019 is a framework for data privacy that builds on ISO 27001. It guides organizations on the policies and procedures required to comply with the General Data Protection Regulation (GDPR), the California Consumer Privacy Act (CCPA) and other data privacy requirements. It is built into the Privacy Information Management System (PIMS) and is valid through 2024 – subject to achieving satisfactory annual surveillance audits.

“We are incredibly pleased and proud to have achieved these ISO (27001 and 27701) certifications, which further distinguish the unique capabilities of Alliant National,” said Tom Weyant, Alliant National Vice President of Risk Management. “These certifications provide confidence to lenders, state insurance departments and our other stakeholders in our ability to protect non-public, personally identifiable and confidential information. It speaks directly to our ongoing efforts to meet and exceed the highest standards when securing and protecting the sensitive information that we are entrusted with every day.”

To achieve these certifications, Alliant National had to complete formal, independent certification audits, which tested and validated more than 170 technical and process controls within the Information Security and Privacy Management System frameworks. The audits were conducted by an ISO-licensed and accredited firm, A-lign CPAs of Tampa, Florida.

Alliant National 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.

Visit alliantnational.com for additional information.

Media Inquiries

Cathie Beck
303.241.0805
cathie@capitalcitypr.com

About Alliant National Title Insurance Company

Alliant National 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. Alliant National serves thousands of title professionals as a licensed underwriter in 31 states and the District of Columbia.

Escrow Fraud/Social Engineering cover

The #1 Tool for Recovering Diverted Funds: Your Wire Fraud Response Plan

Every wire fraud defense expert says the number one factor in recovering diverted funds is time. Every minute counts when fraud has been detected, and hesitations or delays can impede efforts to track down and restore lost funds.

That’s why a Wire Fraud Response Plan is imperative for every title agent.

Before you create your plan, or if you are undergoing a review of your current plan, we encourage you to download Alliant National’s recently updated Escrow Fraud/Social Engineering: Recent Schemes and Prevention Tips white paper. This 23-page guide provides an in-depth review of the current schemes and offers a wealth of tools and resources for building a strong defense against fraudsters.

Here are some things to consider when creating your response plan.

Elements of a Wire Fraud Response Plan

The first step in preventing wire fraud is to maintain policies and procedures for verification of wire instructions for the protection of everyone involved in the real estate transaction.

But should the unthinkable happen, remember that the most successful response strategies are those established well in advance and communicated to staff members and your bank.

Like a well-trained sports team, every member of your team must know their role and be prepared to leap into action.

General protocols

  • Establish a close relationship with your bank representatives and continually dialogue regarding updated fraud threats.
  • Discuss wire retrieval scenarios and establish emergency contacts in the bank’s fraud department, whom you can call at a moment’s notice day or night.
  • Download and fill in the Wire Fraud Contacts form in our Escrow Fraud/Social Engineering white paper and provide it to staff members charged with addressing suspected fraud.

Action steps

  • Notify management the moment suspicion arises that a wire may have been misdirected.
  • If funds have been transferred to the receiving bank and cannot be recalled, ask your bank (the sending bank) to formally request that the receiving bank freeze the funds.
  • Agents may also attempt to directly contact the receiving bank to ask that the funds be frozen.
  • Contact local police in your jurisdiction and the jurisdiction of the receiving bank.
  • Report the fraud immediately to your local FBI office.
  • File a complaint with the FBI’s Internet Crime Complaint Center (IC3).
  • Contact the underwriter involved in the transaction. Alliant National is available to help you evaluate the situation.
  • Contact your corporate attorney to let him or her know about the events taking place.
  • Depending on the nature of the fraud, contact the appropriate insurance provider (Cyber-Liability, Escrow Security Bond or Errors & Omissions).

Putting all of these resources in motion immediately can be extremely useful, as anyone of these professionals or organizations may have information that could assist you in recovering your funds.

IC3 may be one of your most important contacts. In 2018, IC3 established its Recovery Asset Team (RAT) to streamline communications with financial institutions and FBI field offices to assist freezing of funds for victims.

In 2021, RAT initiated the Financial Fraud Kill Chain (FFKC) on 1,726 Business Email Compromise (BEC) complaints involving domestic to domestic transactions with potential losses of $443,448,237. A monetary hold was placed on approximately $329 million, which represents a 74% success rate.

The efficiency of this organization’s work is largely dependent on the speed with which they are advised, so it’s critical that they be an important part of your Wire Fraud Response Plan.

Even the most vigilant companies may fall prey to fraud, but putting protocols in place can greatly reduce your exposure and give you a pathway to recovering lost funds.

As always, call your Alliant National underwriting team if you have any questions or concerns. We are here to help!

Mortgage Industry Standards Maintenance Organization logo

Are You “e” Ready? Broadcast Your Capability Through the New MISMO® Exchange

After years of incrementally slow progress on the e-mortgage front, the pandemic succeeded in catapulting the mortgage and settlement services industry into the digital mortgage and closing age in short order. As state legislatures quickly rushed through a variety of pending remote online notarization (RON) laws, more agents jumped at the chance to add this capability to their tool belt.

In an April 12 release, ALTA reported that the number of title professionals offering digital closings more than tripled over the past two years, from 14% participation prior to 2019, to more than 46% in its most recent survey.

The question for agents is, do your partners and potential customers know about your new digital closing capability? And how can you get the word out?

MISMO has provided a national solution that you can capitalize on immediately to ensure potential customers who are looking for a service provider with RON capability can check on your status.

The MISMO e-Eligibility Exchange was created to accelerate industry-wide adoption of digital closings. According to a recent release from MISMO, the e-Eligibility Exchange provides centralized access to acceptance criteria that enables lenders and other industry participants to easily determine the right type of digital mortgage closing for each loan, including the use of electronic promissory notes (eNotes) or RON.

How Can Agents Get Into the e-Eligibility Exchange?

The only way to get into the exchange is by first getting registered in the ALTA Title and Settlement Agency Registry. ALTA announced that it will be the sole provider of title and settlement data to MISMO through the registry, which currently includes more than 9,000 locations, with more than 2,000 of them indicating they have RON capability.

The registry is free and ALTA membership is not required. After you register, your underwriter will confirm your information. According to MISMO, this verification, along with the uniqueness of the ALTA ID, ensures the accuracy of the data in the e-Eligibility Exchange for users.

If you are not yet signed up with the ALTA registry, here’s what you need to know:

  • Visit alta.org/registry to learn more about the ALTA Title & Settlement Agency Registry.
  • Download materials to register on the ALTA resources site to begin the registration process.
  • ALTA will provide you with a unique 7-digit identifier, called the ALTA ID, which is automatically assigned to each new database record as a permanent ID number.
  • ALTA ID numbers are available for free to title agents and to real estate attorneys.
  • Once you are registered, your underwriters will be contacted to confirm your status.

Recent legislation has helped grow adoption of e-recording and e-notarization, but the lack of uniformity still makes it difficult for lenders to universally adopt electronic practices, forcing lenders to make a loan-by-loan decision about what documents can be electronically signed.

MISMO’s e-Eligibility Exchange helps address this challenge by allowing lenders to quickly assess requirements for individual loans.

More importantly for you, it allows lenders to identify the availability of title and settlement agents with electronic capabilities. Hop on the digital train in 2022. With the advent of the e-Eligibility Exchange, you now have the perfect opportunity to put yourself front and center for digital closing opportunities in the coming years.

Happy Retirement - Scott Hendrickson graphic

Alliant National Co-Founder Retires

Scott Hendrickson leaves behind a growing company and an impressive legacy.

As a golfer, Scott Hendrickson has had two holes-in-one. But as a person, he actually had three. When Scott co-founded Alliant National more than 16 years ago, there was no way of knowing the venture would be successful, much less that it would be an ace that would grow into the leading independent underwriter for the independent agent. 

Back in the mid-aughts, Scott was coming off three decades of experience in financial services and leadership, having held senior positions in diverse industries like insurance, manufacturing and distribution. Eager to begin a new stage in his professional life, Scott joined with fellow co-founders Dave Ginger and Bob Grubb to create Alliant National, a title insurance underwriter with the unique mission of empowering independent agents and never competing against them.

The Colorado-based company started as a small regional underwriter. Yet under the guidance and stewardship of Scott and other members of the leadership team, Alliant National soon took off. Today, the company serves thousands of title professionals as a national underwriter licensed in 30 states and the District of Columbia.

David Sinclair, who began working with Scott in 2011 and now serves as President and CEO of Alliant National, is first to speak about Scott’s invaluable contributions. “Alliant National simply would not be the company it is today without Scott,” he said, reflecting on the CFO’s tenure. “With his leadership abilities, financial acumen and keen insights into this specialized industry, Scott has helped lead us to the success we enjoy today. His influence can be seen in nearly every aspect of our business – from accounting, finance and human resources to our culture and how we work together. What we accomplish in the future will be the direct result of his legacy.”

Margaret Cook, Executive Vice President, General Counsel and Chief Legal Officer of Alliant National, had this to say. “Scott is a consummate professional, an ethical, knowledgeable and incredibly talented executive who has played a fundamental role in shaping our company into a leading force in the title insurance industry. We’ll miss his practical insight, curious mind and dry sense of humor. We owe Scott a debt of gratitude for founding the company on his breadth of knowledge, practical guidance and attention to detail.”

As he exits the company he helped create, Scott himself reflected on his time with Alliant National, and on the many co-workers, clients and friends he met along the way. “When we started Alliant National way back in 2005, I had no idea how it was all going to turn out,” he said. “I knew at the time that we had terrific people in place, strong industry knowledge and a unique selling proposition that we thought would really resonate with people. I had no idea how the operation would grow and evolve, or that we would become such an important part of so many people’s lives.

“I guess, if anything, I just feel immensely grateful to have had this experience,” he added. “The people I’ve worked with over the past decade-and-a-half have been some of the best co-workers and title insurance professionals anyone can ask to work with. I have made connections that I’m sure will last the rest of my life, and I hope that through this work, I have made peoples’ lives a bit better. Title insurance isn’t the easiest industry for people to understand, but it enables ordinary people to build the lives they want with peace of mind. And I think that really matters in the end.”

For anyone who has worked with him, there is no doubt that Scott has made a major impact, and not only in creating a strong, vital company with a sizable presence across the country. As an executive, Scott has modeled poise, servant leadership and a commitment to excellence that one can only hope to encounter during their professional career. He leaves not only an admirable legacy within the organization at Alliant National, but on the entire title insurance industry.

“We started Alliant National with the hope of changing what a title insurance underwriter could be,” said Scott. “I am immensely proud of the operation we’ve built and that our mission to support independent agents remains at the heart of the Alliant National way. I wanted to leave the industry better than I found it. I certainly tried my very best.”

Rest assured Scott, you’ve accomplished what you set out to do. And as you take your last bow at Alliant National, we hope you can rest, recharge, and perhaps find it a bit easier to enjoy a round or two of golf. Considering your track record, we’re sure you have many more holes-in-one in your future.

Congratulations on your retirement, Scott. And thank you from everyone at Alliant National!

This blog contains general information only, not intended to be relied upon as, nor a substitute for, specific professional advice. We accept no responsibility for loss occasioned to any purpose acting on or refraining from action as a result of any material on this blog.

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