LONGMONT, CO—(October 24, 2024) Alliant National Title Insurance Company and affiliate (“Alliant National”) announced today that it has entered into a definitive agreement to be acquired by Dream Finders Homes, Inc. (“DFH”) (NYSE: DFH).
Presidio Investors (“PI”) acquired Alliant National in 2018 and has been instrumental in helping the company establish robust internal processes, expand geographic reach, improve operational efficiency, and drive technology innovation. In 2023, Alliant National created a leading fraud detection tool designed specifically to streamline the flow of a real estate transaction. This unique solution is fully customizable for title agencies and has robust AI-enabled fraud prevention capabilities. Meredith Moss, Chairperson of the Board of Directors, said, “Alliant National has continued to grow market share through top-tier service to title agents, backed by an innovative software platform and cutting-edge application of AI. Dream Finders’ announcement recognizes the value created by Alliant National’s distinctive approach, which prioritizes both relationships and technology.”
Chris Puscasiu, Managing Partner of Presidio, said, “It has been an exciting six-year journey to see Alliant National dramatically increase its footprint and develop tools to scale and to assist its customers. Despite the uncertainty during the pandemic and the recent housing market challenges, the Company’s continued investment in growth enabled it to be recognized as an innovation leader in its space, as this transaction illustrates. “
The relationships developed over almost 20 years with independent title agents have facilitated this exciting transaction. David Sinclair, President & CEO of Alliant National, said, “We are thrilled to become part of the Dream Finders ecosystem and envision an exciting future together. The collaboration of an innovative builder, strong title agency, and the Alliant National underwriting team will promote our long-term success and growth into a national real estate partner.”
The closing of this transaction is subject to regulatory approvals.
Alliant National, based in Longmont, Colorado, is a title insurance underwriter with more than 700 independent agents in 32 states and the District of Columbia. Alliant National is focused exclusively on the success of independent agents, as the largest underwriter in the country with no direct or affiliated operations.
Two young professionals embark on a career in title insurance.
The title industry is all about passion and people. Those who are most successful often have a strong connection to the field and can effectively navigate the intricate web of relationships that go into every successful real estate transaction. Alliant National has long prioritized building a close-knit team of people who embody those qualities. Take two of its most recent hires as an example. Jace Coffie and Aaron Figueroa recently joined the Alliant National team as associate agency representatives. Both have strong industry ties and professional backgrounds rooted in service, preparing them well to help Alliant National’s agents grow their business.
A close connection and a commitment to service
First, let’s introduce Jace Coffie. Having grown up around the industry due to a family connection, Coffie is no stranger to the world of title insurance. When an opportunity to join the profession arose, he jumped at the chance. To Coffie, transitioning to the title insurance industry was a natural progression. “My previous professional positions have a shared theme of customer service,” he said.
The second new hire is Aaron Figueroa, who also joined the team as associate agency representative. As with Coffie, the title insurance community has long been on his radar due to a family member’s experience in the field. After years of working in the service industry where he delivered exceptional customer care, he has quickly adapted to the responsibilities of his new role.
Finding a home at Alliant National
Alliant National’s unique culture has resonated deeply with both new hires. “I have always wanted to work for a company that allows you to show your full personality,” Coffie said. He’s confident a place like Alliant National is “where I want to spend my career.” Figueroa shares Coffie’s zeal as well. He specifically highlighted how “involved and caring everyone is” at Alliant National as the reason why he is so excited to further build his career with the underwriter.
Tackling their new roles
Coffie and Figueroa have begun channeling their enthusiasm into their new responsibilities. Coffie, who will support agents in Alliant National’s Great Lakes-Central West Region, stated that he loves “to learn from the ground up,” and has already taken the company’s “Agents First” outlook to heart. He hopes to contribute to that mission, saying, “I want to learn everything I can to support those around me.”
Figueroa will be supporting agents in the Southwest Region. He seconded Coffie’s sentiments, remarking that “he would like to be a sponge and absorb as much information as possible to become an asset to Alliant National.” He believes a strong Alliant National benefits agents by assuring them that “they will be taken care of,” allowing them to focus on growing their operations and strengthening their communities.
Staying in touch with what’s important
When building a team, it can be difficult to know what to prioritize. But for Alliant National, the answer is clear. Time and time again, it has seen the benefits of bringing people on board who have strong connections to the industry and a genuine commitment to serving others. By hiring Coffie and Figueroa, it has continued that valuable tradition, and Alliant National’s agents will only stand to gain.
Creating an inclusive workplace is a complex task. After all, people are anything but simple. None of us have merely one “self.” Every person is a mixture of intersecting identities that influence how people see us and, conversely, how we see them.
How, then, can a business foster an inclusive workplace, particularly around the holidays? As Stacy Stolen, HR Manager at Alliant National, explains, it requires being mindful of how our biases shape our perceptions while working toward a culture where everyone can be recognized and respected. I spoke with Stolen on the complexities of this work, what Alliant National is doing to promote inclusivity, and takeaways for agencies looking to build inclusive workplaces during the holidays and year-round.
Inclusivity begins with empathy
When asked how she defines inclusivity, Stolen said, “Simply put, inclusion and being inclusive is to have empathy,” adding that, “at a company-level, it takes developing a shared understanding that we all have our own unique experiences that occur within a society filled with inequalities.”
Once this understanding is established, productive work can begin. “We can then start to relate and learn from others. This is important because empathy allows us to humanize one another and feel responsible for everyone’s safety and well-being. We can positively influence our surroundings and ensure everyone feels seen, validated, and heard – even if we don’t directly relate to everyone else’s experience,” Stolen said.
Easier said than done
What makes this easier said than done, however, are social constructs and the unconscious biases they produce. Identity composes a wide range of attributes – from race, sexuality and ethnicity to education level, family of origin and belief structures. Some of these identities, said Stolen, carry more power in the world than others. Depending on how someone identifies, they may find themselves unjustly stereotyped by the dominant power structures of society.
Building an inclusive workplace, then, necessitates building a culture where people can feel safe and supported enough to interrogate their biases and push back on the inclination to stereotype. A first step involves simply accepting that such biases exist and that typically we have little opportunity to reconsider our ingrained beliefs. As Stolen explained, “Quite often, we interact with folks who look, feel, act like us, or have identities roughly like ours. Therefore, we can’t do anything aside from perpetuate these stereotypical beliefs about folks in other social groups. That’s because we aren’t being exposed to anything different to dismantle these inaccurate ideas. We need to break this cycle and cultivate mindfulness to expand our idea of what collective community looks like.”
It also involves seeing this work as more of a journey rather than a destination. “This work requires consistent and intentional engagement with yourself and others that you interact with daily,” said Stolen. “Just like anything else you aspire to change in yourself or in your environment, you must commit that same time and effort in showing up as an ally and advocating for necessary change.”
Taking action
So, what does this look like in practice? Stolen noted that Alliant National’s commitment to building an inclusive workplace involves investing in culture awareness training and dialogue. For example, in 2024, the company launched an internal committee dedicated to ensuring that its priorities are considered through an inclusive lens.
Stolen described how these efforts are not viewed as one-offs by the company. Instead, they are part of a continuous, holistic and ever-evolving move toward a more inclusive culture. This is an important feature of Alliant National’s larger goal of being a workplace where every employee feels comfortable bringing their authentic self to work and can:
Remain present even when uncomfortable;
Accept that we are all part of the problem and must work to change society for the better;
Learn how to empathize with others’ experiences that are different from their own;
Make mistakes while striving for a better tomorrow;
Educate themselves and those around them; and
Not expect those with the least power in society to do the brunt of the work.
How to promote inclusivity during the holidays and everyday
Holiday periods are a perfect opportunity to promote an inclusive culture, Stolen noted. For many, holidays are informed by cultural identity. It is important to be mindful around language and emphasize respect for all regardless of individual beliefs. “Just because you don’t celebrate certain holidays doesn’t mean that you are exempt from being aware and educated on holidays and religious practices that others celebrate,” Stolen observed.
Of course, there are many other ways to build inclusivity year-round, including:
Researching histories of marginalized groups and investing in cultural awareness development.
Developing ally programs/affinity groups and creating places for folks to find community and to encourage dialogue around challenging topics.
Hosting “Lunch and Learns” that expand cultural humility and awareness. Alliant National, for example, recently hosted one titled, “Challenging Stereotypes and Microaggressions.”
Surveying your workplace to better understand understand your company’s culture better and find opportunities for improvement.
There is no time like today
Building an inclusive culture takes work; there is no doubt about it. But as the holiday season continues, there is no better time to begin nurturing greater respect, empathy and belonging in the workplace. Stolen noted that when companies commit time and resources to encouraging inclusivity, great things can happen.
“Workplaces that commit to inclusivity become more instrumental to their employees, customers and communities.”
Westmoreland joins the team as Underwriting Counsel for the Southwest Region.
Alliant National is excited to announce Jamie Westmoreland has been hired as Underwriting Counsel for the Southwest Region. With extensive experience in the title insurance industry stretching back well over a decade, Westmoreland is a valuable addition to the team. She will play a pivotal role in supporting Alliant National’s independent agents and underwriting operations.
Westmoreland’s title insurance career began shortly after earning her Juris Doctorate from the South Texas College of Law. She worked for 10 years as an examiner and attorney for an independent agency. Later, she transitioned to a national underwriter, where she served as underwriting counsel for two years. These experiences afforded her strong knowledge in underwriting and agency operations, making her an ideal fit for Alliant National’s “agents first” approach.
“I could not be more excited to join the Alliant National family and help our agents be as successful as they can be!” said Westmoreland when discussing her hiring. Jean E. Bailey, Vice President, Southwest Regional Underwriting Counsel, echoed that sentiment. “We are excited for Jamie to join our Southwest Underwriting Team! Her experience will allow her to jump right in with assisting our agents. I know she will be a great fit with the team.”
In this new role, Westmoreland will work closely with agents, providing them with education, answering questions and offering guidance on complex title insurance issues. Additionally, she will focus on risk analysis to assess title insurability and develop helpful insurance standards and guidelines.
It’s hard to believe that it has already been one year since Alliant National and our technology partners launched SecureMyTransaction in response to the urgent need for robust, scalable fraud prevention and identity verification tools. Over the last year, many of you have provided feedback on our service, and I am humbled by the stories I’ve heard about how SecureMyTransaction has helped defend against fraud. Seller impersonation, vacant property fraud, wire fraud, and deed and document forgeries are deeply damaging to our industry and the consumers we serve, and I sincerely thank you for your valuable input.
Thanks in large part to your help and support, I am proud to share two significant updates regarding SecureMyTransaction.
First, the American Land Title Association (ALTA) has announced today that SecureMyTransaction has achieved ALTA Elite Provider status. As part of that process, SMT was rigorously vetted as a provider and received recommendations from ALTA members. This designation is an important milestone and affirms SMT’s effectiveness in helping agents respond to increasingly sophisticated fraud schemes.
Second, we’re excited to announce that this week, SMT is being updated to include new features allowing you to customize the user experience with your branding, the branding of your real estate partners, and even lenders. This includes incorporating your logos, contact information, and messaging for a seamless, integrated ID verification experience that reflects your unique business style. With this added ability to customize the platform, SMT not only offers protection but also supports brand visibility and business growth.
We remain committed to growing and enhancing SecureMyTransaction, and your feedback will guide our efforts. You can also follow updates at SecureMyTransaction.com.
If you have thoughts or questions about SecureMyTransaction, please reach out to me or any member of our team.
