WFG Names HA&W Partner for ALTA Best Practices Compliance
October 15, 2015
Through a new partnership, Georgia-based accounting firm HA&W LLP will offer ALTA Best Practices benchmarking, testing and reporting options to title agents of WFG National Title Insurance Co., through its ComplianceSuccess program.
HA&W’s ComplianceSuccess program provides certification through independent third-party attestation using CPA professional standards.
HA&W said that due to the variety of WFG’s agents, the underwriter requires a partner that understands how to best execute compliance testing for both large title agents with complex operations as well as smaller agents with less complex operations. In a release, HA&W said it has tailored testing and reporting options to suit the compliance needs and requirements of both large and small title agents. The firm works with nearly 275 title agencies across the nation.
“As a company, WFG is embracing the relationship with HA&W’s ComplianceSuccess Program. We want to ensure that our title agents have the education and resources they need to become compliant with ALTA Best Practices,” said Charles Cain, executive vice president at WFG. “We are confident that HA&W’s ComplianceSuccess Program will provide our agents with the most up-to-date industry insights, a high level of client service and an approach that fosters minimum business disruption while providing the highest levels of assurance throughout the process.”
WFG title agents can get compliant with confidence knowing that HA&W is the only CPA firm that is both an ALTA Elite Provider and sits on the ALTA Best Practices Task Force. In addition, the ComplianceSuccess Program pledges to charge for only the incremental work necessary to reissue a report if ALTA changes its Best Practices Assessment Procedures within six months of the issuance of a HA&W report.
“HA&W has been at the forefront of ALTA Best Practices compliance since its inception nearly two years ago. We keep our fingers on the pulse of the industry through deep ties with ALTA, the AICPA, our underwriter partners and most important, our clients,” said Lee Fields, managing director of HA&W’s ComplianceSuccess Program. “This partnership demonstrates that WFG understands the importance of receiving an ALTA Best Practices certification from an independent third party, backed by CPA standards, and the value HA&W’s industry experience brings to their agents.”
Contact ALTA at 202-296-3671 or [email protected].