The American Land Title Association (ALTA) has named errors and omissions (E&O) insurance firm TIAC as an ALTA elite provider.
ALTA’s Elite Provider Program features service providers committed to furnishing benefits to the title insurance and settlement services industry. Elite providers promote the highest industry standards and provide effective solutions for ALTA members’ needs.
“As an ALTA elite provider, TIAC has shown its dedication to the title and settlement services industry,” said Diane Tomb, ALTA CEO. “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 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.