PYA (Pershing Yoakley & Associates), a national certified public accounting and management consulting firm, has been named a preferred vendor of ALTA Best Practices services by Conestoga Title Insurance Company.
National certified public accounting and management consulting firm PYA is now a national “preferred vendor” of ALTA Best Practices services for Conestoga Title Insurance Company (Conestoga Title) agents. This designation represents an agreement between PYA and Conestoga Title to perform ALTA Best Practices policy and procedure development and evaluation, provide Best Practices implementation assistance, and conduct third-party assessments of ALTA Best Practices compliance for its title agents.
Conestoga Title’s President John Nikolaus said, “Through this relationship, we hope to provide our agents with access to premier resources for demonstrating compliance. PYA is one of the firms at the forefront of providing Best Practices assurance on a national scale.”
A member of the ALTA Best Practices Task Force, PYA provides solutions and services to agents as they navigate a period of enormous change within the title industry. As a preferred vendor of Best Practices services, PYA offers Conestoga Title’s agents access to the industry’s top resources, including PYA’s Best Practices Gap Analysis, Policy & Procedures Development, Best Practices Readiness, and Self-Assessment Tools. In addition, agents receive complimentary education and access to PYA thought leadership content including white papers, webinars, and more.
ALTA created its Best Practices Framework to assist title and settlement companies in satisfying their responsibility to manage third-party vendors. ALTA encourages title and settlement companies to seek certification in order to demonstrate to lenders that appropriate measures have been taken to protect consumers’ nonpublic personal information and to gain a competitive advantage when lenders ask for this certification.
About Conestoga Title Insurance Company
Conestoga Title Insurance Company 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., a leading industry analyst that specializes in rating title companies. Conestoga does not compete with its agents for business. Its focus has always been to support and provide exceptional service to its agent and attorney partners within its geographical footprint. Conestoga is licensed to do business in 14 states and is concentrated on growing its attorney and title agent network in the territories of PA, MD, VA, OH, NJ and DE.