LONGMONT, Colo. - May 22, 2014 — Agents Investors Group, LLC, the insurance holding company for Alliant National Title Insurance Company, Inc., an underwriter that partners with Independent Agents to improve their competitive position in the marketplace, paid a dividend to shareholders in April.
Agents Investors Group paid $2 per membership unit to members of record as of April 1. About 53 percent of its members are Independent Agents of Alliant National andthe balance is almost evenly split between employees and other investors.
“The dividend provides a return to these agents who helped build and support Alliant National,” says CFO Scott Hendrickson. “We look forward to increasing investor returns in the coming years.”
Paying a dividend back to its Independent Agents is part of the unique partnership environment at Alliant National and differentiates it from other title insurance companies. With more than 240 Independent Agents, Alliant National is expanding, having recently opened a new office in Oviedo, Fla.
Launched in 2005, Alliant National employs about 40 people full-time. In 2013, Alliant National had total premiums written of $71.8 million. The company operates in 10 states and plans to double its footprint in the coming 12 months. Alliant National is listed among ColoradoBiz magazine’s Top 250 Private Companies. Private companies’ rankings for the list were based on self-reported revenues, and Alliant National was ranked 30 in 2013, up from a rank of 37 in 2012. In addition, the title insurance company was named twice to the prestigious Inc. 5000 List — Inc. Magazine's annual ranking of the fastest-growing private companies in America.
Alliant National also successfully completed the Service Organization Control (SOC) 1SM SSAE 16 examination covering Alliant National’s processes for approving, monitoring, and reviewing its independent title agents, which results in its agents being designated as Authorized Service Providers of Alliant National. This means Alliant National’s processes are compliant with Statement on Standards for Attestation Engagements (SSAE No. 16), Reporting on Controls at a Service Organization. Under this framework Alliant National Title Insurance’s Independent Agents are reviewed annually against rigorous quality standards.
For further information about Alliant National Title Insurance Company’s products, services or Independent Agents, contact Dave Ginger, President, Alliant National Title Insurance Company, at 303.682.9800, ext.200, or visit www.alliantnational.com.
About Alliant National Title Insurance Company
Alliant National Title Insurance Company’s mission is to protect property owners’ investment by providing secure title insurance delivered by the finest Independent Agents available. Moreover, Alliant National is a unique title insurance underwriter that partners with Independent Agents to improve their competitive position in the marketplace. Unlike other underwriters, Alliant National offers Independent Agents the ability to expand their business, reduce their costs and risks, and improve profits within a network of like agents in a non-competitive partnership. In true partnership form, Alliant National provides an environment for its agents that improve the accuracy, efficiency and timeliness of its products, while improving the knowledge base of its agents, and offering the best title products and services possible. For further information, contact Alliant National Title Insurance President, Dave Ginger at 303.682.9800, ext. 200, or email at firstname.lastname@example.org. Visit alliantnational.com for additional information.