Republic Title of Texas Awarded ALTA Best Practices Certification
Apr 18, 2016 07:46AM
● By Audrey Sellers
Republic Title of Texas, Inc., a leading full-service title insurance agency with offices in Southlake, has completed HA&W’s ComplianceSuccess® Program, certifying the company’s compliance with American Land Title Association (ALTA) Best Practices. Only a handful of Texas title companies have completed this level of certification.
ALTA’s Best Practices framework includes licensing, escrow accounting procedures, privacy and information security, settlement procedures, title policy production and delivery, professional liability insurance coverage and consumer complaints. The ComplianceSuccess® Program provides independent, third-party assurance using CPA professional standards on attestation reporting, trusted by banking and financial institutions.
“Republic Title takes great pride in being the very best in the title insurance industry and being recognized with this certification further validates our dedication to our customers,” said Dennis Pospisil, Senior Vice President/Director of Training, Education and Support, via press release. “We wanted to make sure our compliance with the ALTA Best Practices was held to the very highest of standards, which is why we contracted with HA&W to have a full independent third-party examination conducted in accordance with the attestation standards established by the American Institute of Certified Public Accountants.”
“Republic Title immediately recognized the importance of attesting that their business operations meet ALTA Best Practices standards,” said Lee Fields, Managing Director of Business Consulting Services at HA&W. “Their certification based on CPA attestation standards provides their underwriters and lenders with a high level of assurance that Republic Title’s business is in compliance with ALTA Best Practices.”
Visit RepublicTitle.com to learn more.