[1]The American Land Title Association [2] (ALTA) has named RedVision [3] as an Elite Provider [4] for the company, according to a press release. [5] The Elite Provider program is made up of service providers that offer comprehensive benefits to the title insurance and settlement services industry.
“I am pleased to announce that RedVision has joined our growing ALTA Elite Provider program,” said Michelle Korsmo, ALTA’s CEO. “We are constantly working to provide our members with the resources to find businesses with a proven track record of trusted products and services. The Elite Provider program connects ALTA members with technology and service providers across the land title insurance industry.”
According to ALTA, Elite Providers promote the highest industry standards and provide effective solutions for their members’ critical needs. To become an Elite Provider, applicants are reviewed based on their financial strength, commitment to the overall industry, national distribution capabilities, and reference checks with existing customers.
RedVision is an independent national provider of title and real property research based in Parsippany, New Jersey. The company uses straight through processing (STP) and single-source solutions to transform the procurement and processing of title information. The company introduced its proprietary NOVA technology in 2015 and some of their standardized Redi products such as SearchRedi, ExamRedi, CurativeRedi, and ClearingRedi. These are intended to assist customers with transaction cost savings, SLA attainment, compliance, and risk management. Since 2006, RedVision has delivered more than 7.5 million title reports to over 1,600 client organizations, including financial institutions, title underwriters, and settlement service providers.
As an ALTA Elite Provider, RedVision will offer ALTA members a complimentary title procurement and production consultation.
“As an ALTA Elite Provider, we strive to define the industry standard for title production nationwide,” said Brian Twibell, CEO of RedVision. “This recognition further demonstrates our commitment to provide customers–who experience new market challenges and regulatory pressures everyday–with standardized best-practices and highest industry standards for the procurement and processing of title information.”