For Immediate Release
American Land Title Association Announces CertifID as an Elite Provider
Washington, DC, September 17, 2020 — The American Land Title Association (ALTA), the national trade association of the land title insurance industry, announced it has named CertifID as an ALTA Elite Provider.
ALTA’s Elite Provider Program features distinguished service providers committed to furnishing extensive benefits to the title insurance and settlement services industry. Elite Providers promote the highest industry standards and provide effective solutions for ALTA members’ critical needs.
“As an ALTA Elite Provider, CertifID has shown its dedication to the title and settlement services industry,” said Diane Tomb, ALTA’s chief executive officer. “During a worldwide pandemic, it is more important than ever for ALTA to supply its members with innovative service providers that are actively engaged in creating state-of-the-art, customized solutions—and for those solutions to help protect industry professionals as well as consumers. The Elite Provider Program calls for our premiere providers to complete a comprehensive application process, which includes furnishing ALTA with member recommendations as well as financial statements. This extensive practice proves Elite Providers, like CertifID, can add value for our members and make their businesses more profitable.”
CertifID is a digital solution that protects title agents and their customers from wire fraud. It was created by attorneys and large title agents, Lawrence Duthler and Tom Cronkright, in response to a wire fraud incident involving their agency, Sun Title. Since launching in 2017, CertifID has provided title agents with a solution that lowers risk and protects incoming and outgoing wire and ACH transfers. It recently partnered with one of the world’s largest insurance underwriters to provide title agents and consumers with direct insurance coverage up to $1 million per wire transfer.
“We’re honored to be an ALTA Elite Provider and to continue to work with the association and its members to position the title industry as leaders in the fight against wire fraud,” said Tom Cronkright, CEO of CertifID. “Our amazing customers, many of whom are ALTA members, are using CertifID to protect the safe transfer of over $3 billion per month. We welcome any ALTA member to experience what thousands of CertifID users enjoy daily: time savings, risk reduction and market leadership.”
CertifID offers one month of free services for ALTA members who create a new account with CertifID.
For more information about the Elite Provider program or to apply, please visit www.alta.org/elite.
###
About ALTA
The American Land Title Association, founded in 1907, is the national trade association representing more than 6,300 insurance companies, title and settlement agents, independent abstracters, title searchers, and real estate attorneys. With offices throughout the United States, ALTA members conduct title searches, examinations, closings, and issue title insurance that protects real property owners and mortgage lenders against losses from defects in titles.
Connect with ALTA on Facebook here. Follow ALTA on Twitter here.
Contact: Megan Hernandez
Office: 202-261-0315
Email: [email protected]