HA&W, LLP announced that, through its ComplianceSuccess Program, the firm has been named a trusted partner by Conestoga Title Insurance Company (Conestoga) offering cost-effective ALTA Best Practices benchmarking, testing and reporting options to Conestoga title agents.
Through its ComplianceSuccess Program, HA&W was the first CPA firm in the nation to perform ALTA Best Practices compliance benchmarking, readiness and reporting services across all seven ALTA Best Practices pillars. The program offers independent third-party attestation using CPA professional standards, which provide the greatest level of assurance available to banks. Banks have historically looked to CPA attestation to mitigate business risk, which can be applied to independent title agents to ensure compliance with ALTA Best Practices.
Conestoga Title Insurance Co. is one of the most trusted names in the title insurance industry, providing the real estate, legal and financial communities with reliable title insurance since 1973. Conestoga’s dedication to quality, along with a focus on excellence, has earned it a Financial Stability Rating of “A Prime, Unsurpassed” and a Commercial Real Estate Recommendation of “Strongly Recommended” by Demotech, Inc., an industry analyst that specializes in rating title companies. Conestoga is licensed to do business in 14 states and is concentrated on growing its attorney and title agent network in the territories of Pennsylvania, Maryland, Virginia, Ohio, New Jersey and Delaware.
”As an established name in the title industry, Conestoga sought third-party compliance partners that too have a long history of providing high-quality, personalized service to clients,” Conestoga Title Insurance Co. President John Nikolaus said. “HA&W’s ComplianceSuccess Program offers our clients some of the most sophisticated and effective tools available today to ensure compliance with ALTA Best Practices.”
“The road to compliance is a big investment and title agents want confidence that their compliance report will be accepted by their lenders,” HA&W’s ComplianceSuccess Program Managing Director Lee Fields said. “Conestoga agents can be rest assured that their attestation report from HA&W will be accepted by their lenders, providing a high level of assurance.