ALTA Announces TIAC as Elite Provider

WASHINGTON, June 5 -- The American Land Title Association issued the following news release:

The American Land Title Association (ALTA), the national trade association of the land title insurance industry, announced it has named TIAC 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, TIAC has shown its dedication to the title and settlement services industry," said Diane Tomb, ALTA's chief executive officer. "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 TIAC, can add value for our members and make their businesses more profitable."

TIAC provides errors and omissions (E&O) insurance to ALTA members. ALTA originally established TIAC in the 1980s as a risk retention group to create long-term stability for title professionals seeking E&O insurance. TIAC's only business is providing E&O insurance, and its policy was created by title professionals. The company's underwriters and customer support team work together to deliver comprehensive solutions tailored to the clients' specific needs.

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About ALTA

The American Land Title Association, founded in 1907, is the national trade association representing more than 6,000 title insurance companies, title and settlement agents, independent abstracters, title searchers, and real estate attorneys. 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.

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Original text here: https://www.alta.org/news-and-publications/press-release/ALTA-Announces-TIAC-as-Elite-Provider