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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 8 May 2023 M T E C H and Bright is a great partner in that vision." Bright MLS currently covers more than 20 million consumers across Delaware, Maryland, New Jersey, Pennsylvania, Virgin- ia, Washington D.C., and West Virginia. FIRST AMERICAN ADDS SECURE DOCUMENT PORTAL TO PRISM F irst American Title Insurance Com- pany has announced the addition of a secure document portal to its PRISM digital platform, an enhancement that is de- signed to help First American policy-issuing title agents reduce wire fraud risk and sim- plify communication with customers. This new security feature allows title agents to provide their customers with secure access to wire instructions, and transaction documents under the protection of multifactor authen- tication, while it automates notifications for document and transaction updates. "We're committed to helping our title agents and their customers prevent wire fraud, while also simplifying the real estate transaction experience," said Stephen Vincini, President of First American Title's Agency Division. "With the PRISM platform and its secure document portal, our title agents can quickly and easily offer their customers greater peace of mind and more visibility to the status of their documents and transaction, freeing up time to focus on other business and customer priorities." Launched in 2022, PRISM provides First American policy-issuing title agents with a variety of automation and marketing tools to help their businesses grow and to better serve their customers. The PRISM platform also features integrations with third-party services to enhance the efficiency and convenience of the settlement process for title agents, lenders, real estate agents, and the buyers and sellers they serve. PRISM also connects title agents to the following services available only from First American Title: • Customizable marketing materials through Agent Print Pro • Property data, including transaction history and current owner information GUARANTEED RATE ESTABLISHES DIGITAL INSURANCE MARKETPLACE G uaranteed Rate Insurance has announced that it is now offering customers a new method to compare and purchase home and other insurance policies from more than 50 top-rated carriers, all at once, with a single online application. The new digital insurance marketplace is embedded into Guaranteed Rate's home financing application process, offering an additional way to get to the closing table faster. The insurance marketplace has been designed to integrate with other business partnerships outside of mortgage to make purchasing insurance much easier for customers. "This platform is another example of how Guaranteed Rate Insurance is driving fintech innovation," Guaranteed Rate Head of Insurance and EVP Jeff Wingate said. "Our goal is to create a seamless and easy-to-use digital experience to meet our customers' fast-paced lifestyles." Customers can enter basic demographic information to receive a variety of quotes for home and auto insurance coverage. To create this new insurance marketplace, Guaranteed Rate's Insurance Product and Technology team leveraged their nearly 30 years of insurance technology expertise to build an innovative, proprietary, secure, and intuitive end- user digital experience. "As we continue to rapidly innovate, our goal is to continue to provide customers with best-in-class online tools that simplify the process of shopping for, comparing, and purchasing insurance. That's our commitment," said Ryan Haggard, Guaranteed Rate Insurance's Vice President and Head of Insurance Product and Technology. Guaranteed Rate Insurance will continue to expand its digital insurance marketplace throughout 2023 and beyond, offering additional carriers and integrated products to the platform providing customers with more options and even faster results. "Our parent company has long been a technology pioneer and leader in home mortgages," Wingate added. "We are now perfectly positioned to offer a digital insurance marketplace to ensure that our customers are properly covered and confident in their insurance options."