First American Title Expands Breadth of AgentNet® Services, Introduces Order Insights With Real-Time Fraud Alerts
Media Contact:
Marcus Ginnaty
Corporate Communications
First American Financial Corporation
(714) 250-3298
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Craig Barberio
Investor Relations
First American Financial Corporation
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First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF), today announced the launch of Order Insights, a real-time, transaction-based fraud alert system. Available to all First American policy-issuing title agents, Order Insights is now included with AgentNet® Services, the digital storefront for First American Title’s products and services that launched earlier this year.
Fraud continues to challenge the real estate industry, with real estate-related fraud losses totaling over $145 million in 2023, according to the FBI’s annual Internet Crime Report. Order Insights leverages First American’s industry-leading data assets to provide title agents an edge in reducing fraud risk. As a transaction is entered in AgentNet Services, Order Insights automatically validates the transaction data and notifies title agents of file discrepancies and identifies other potential fraud risk indicators.
"Order Insights is another example of First American’s leadership in the digital transformation of title and settlement and our dedication to helping our valued agents protect their clients’ transactions and grow their businesses,” said Stephen Vincini, president of First American Title’s Agency Division. “Dynamic fraud alerts help our agents deliver the certainty and trust needed to power seamless real estate transactions for their clients.”
In the month of November, Order Insights' real-time analysis helped protect over 130,000 files. Together with the fraud prevention tools, tips, and notifications in AgentNet Knowledge, a one-stop destination for industry-leading underwriting expertise, Order Insights is another high-value addition to the AgentNet platform and sets the stage for expanded real-time communication and fraud prevention tools in the near future.
Simple to navigate and use, AgentNet is designed to be the only name title agents need to remember for industry-leading title technology. For more information on the AgentNet suite of products and services, contact a First American sales representative or visit FirstAm.com/AgentNet.
About First American Title Insurance Company
First American Title Insurance Company, the largest subsidiary of First American Financial Corporation (NYSE: FAF), traces its history to 1889. One of the largest title insurers in the nation, the company offers title services through its direct operations and an extensive network of agents throughout the United States and abroad. First American Title provides comprehensive title insurance coverage and professional services for real estate purchases, construction, refinances and equity loans. For more information, visit www.firstam.com/title.
About First American
First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $6.0 billion in 2023, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2024, First American was named one of the 100 Best Companies to Work For by Great Place to Work® and Fortune Magazine for the ninth consecutive year, and named one of the 100 Best Workplaces for Innovators by Fast Company for the second consecutive year. More information about the company can be found at www.firstam.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241211513792/en/
