DALLAS--(BUSINESS WIRE)--DIMONT, the largest provider of specialty insurance and loan administration services to the residential and commercial mortgage industries, announced that it has completed the Statement on Standards for Attestation Engagements (SSAE 16/SOC 1 Type II certification)for its controls placed in operation and tests of operating effectiveness for hazard insurance claims services systems.
SSAE 16 is an attestation standard issued by the American Institute of Certified Public Accountants (AICPA) that reports on controls supporting the services provided to clients. The controls addressed are those that an organization implements to prevent, detect and/or correct errors or omissions in the information it provides to its clients.
DIMONT has proudly received consecutive SSAE 16 certifications for over seven years. The 2016 examination determined that DIMONT continues to meet or exceed SSAE 16 control objectives such as control environment, risk assessment, monitoring, computer operations, data center operations, access/security, systems development and systems maintenance, as well as the entire claims process.
“We constantly strive to maintain the high level of efficient and secure service required by our clients,” said Denis Brosnan, president and chief executive officer of DIMONT. “Achieving SSAE 16 compliance confirms that we are providing our clients with the best service possible.”
Founded in 1996, Dallas-based DIMONT is the largest provider of specialty insurance and loan administration services to the residential and commercial mortgage industries in the United States. Additional information is available at www.dimont.com.