First American Financial Corporation

10/14/2024 | Press release | Distributed by Public on 10/14/2024 05:02

First American Title Launches Reimagined AgentNet® Technology Platform for Title Agents

First American Title Insurance Company(opens in a new tab/window), 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 a reimagined AgentNet®(opens in a new tab/window), a technology platform that delivers the products and services First American title agents value most in a single, easy-to-use platform. Building on the strengths of the existing AgentNet® application, the new platform's intuitive navigation allows title agents to easily access business-critical tools and reduces the complexity often associated with multiple systems.

"Our title agents wanted a simplified way to access our industry-leading tools that complements how they operate their businesses, so we completely reinvented AgentNet based on their feedback and our deep understanding of their needs," said Stephen Vincini, president of First American Title's Agency Division. "AgentNet provides our title agents with the tools they find most valuable in a platform that is straightforward and simple to use, so they can deliver the certainty and trust needed to power seamless real estate transactions for their customers and grow their businesses."

At launch, the AgentNet platform will initially feature three sets of products and services:

  • AgentNet® Services is the digital storefront for First American Title's products and services that paves the way for seamless title transactions, with a time-saving order entry process, flexible report and remit options, and real-time order insights that will soon include proactive fraud alerts. AgentNet Services also includes solutions to support time-sensitive and complex transactions and instant access to back office services and title experts whenever they're needed.
  • AgentNet® Knowledge is a one-stop destination for First American Title's underwriting guidance, education, and CE/CLE training courses. More than just a repository of information, AgentNet Knowledge provides title agents with First American Title's industry-leading underwriting expertise, from bulletins and forms to cybersecurity and fraud prevention resources, delivering a best-in-class experience that sets the foundation for AI capabilities.
  • AgentNet® Production, a brand new product, is a comprehensive, cloud-based title and escrow closing solution designed to simplify real estate closings from order origination through post-closing. Its intuitive navigation caters to all experience levels, from new hires to high performers. The web-based, work-from-anywhere software supports basic transactions and can be customized for more complex, multi-state title agency business models with more advanced functional needs, including supporting transactions involving other underwriters besides First American Title.

AgentNet Marketing and AgentNet Finance Coming Soon

Designed to continually evolve to meet the needs of title agents, the AgentNet platform will expand in the months ahead to include additional sets of products and services, including AgentNet Marketing, featuring access to a full library of ready-to-go online and printed materials, and AgentNet Finance, offering technology-forward financial products developed specifically for title and escrow agents, including banking relationships and trust accounting services that protect business operations and help meet compliance requirements.

Simple to navigate and use, the reimagined AgentNet is designed to be the only name title agents need to remember for industry-leading title technology. For more information about the AgentNet platform or product suite, contact a First American sales representative or visit FirstAm.com/AgentNet(opens in a new tab/window).

About First American Title Insurance Company

First American Title Insurance Company, the largest subsidiary of First American Financial Corporation(opens in a new tab/window)(NYSE: FAF(opens in a new tab/window)), 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(opens in a new tab/window).

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(opens in a new tab/window).

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