The American Land Title Association (ALTA) renewed CertifID as an ALTA elite provider.
According to ALTA, the elite provider program features “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,” Diane Tomb, ALTA’s CEO, said in a release. “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 was started after co-founder Tom Cronkright’s and his business partner’s title agency Sun Title was hit by wire fraud in 2017. CertifID protects title agents and their customers from wire fraud with an identity verification SaaS platform, insurance and proven recovery services. CertifID safeguards billions of dollars every month and provides further peace of mind with up to $1 million in direct insurance coverage on every wire it protects.