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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 8 October 2025 M T E C H M T E C H FIRST AMERICAN TITLE INCREASES AGENTNET PLATFORM FRAUD PREVENTION TOOL SUITE F irst American Title Insurance Company has expanded its multi-layered approach to fraud prevention by announcing that it will now offer additional fraud prevention services with every First American transaction. The updated suite, which is only accessi- ble to First American policy-issuing title agents via the AgentNet platform, now includes identity verification technology from Intellicheck. The new service lowers the risk of fraud for First American title agents and their clients by verifying the identities of real estate transaction partic- ipants early on and adhering to the most recent industry best practices. "The threat from real estate fraud continues to grow, making early identity verification an essential safeguard for our industry," said Steve Vincini, Pres- ident of First American Title's Agency Division. "AgentNet is built with our agents in mind and by integrating lead- ing-edge, AI-driven identity verification into our solutions, we're reinforcing our long-standing commitment to deliver the certainty and trust that powers seamless real estate transactions." According to the FBI's Internet Crime Report, fraud risk is still increas- ing across all industries, with cyber-en- abled losses expected to surpass $13.7 billion in 2024. AgentNet integrates real-time identity verification with First American's unparalleled data assets to assist agents in keeping ahead of these threats. By combining real-time insights, secure wire and payout verification, identity confirmation, and, when appli- cable, additional protection through the company's Eagle Policy, the new solution strengthens AgentNet's multi-layered defense against fraud. When combined, these protections offer agents and their clients increased trust in every transac- tion, according to First American. VERISK INTRODUCES GENERATIVE AI COMMERCIAL UNDERWRITING ASSISTANT I n an effort to modernize commercial property underwriting, Verisk an- nounced the release of its Commercial GenAI Underwriting Assistant, a cloud- based service. This technology, which is driven by Verisk's generative AI and data analytics, helps underwriters make better judgments more quickly and easily, im- proving profitability results and allowing them to adjust to the always-changing commercial real estate market. Verisk's new Commercial GenAI Un- derwriting Assistant: • Harnesses generative AI capabilities to automate workflows and manual tasks, summarize complex datasets via data ingestion, and deliver re- al-time risk appetite insights to accel- erate underwriting risk assessment. • Integrates into existing policy admin- istration and underwriting systems as an API-enabled solution, ensuring flexibility, scalability, and security. • Enhances decision-making via a "Hu- man-in-the-Loop" approach by com- bining AI-driven insights with expert judgment, rather than replacing it. "Automation is no longer a luxury for insurers—it's a necessity," said Doug Caccese, Co-President of Underwrit- ing Solutions at Verisk. "As strategic partners to our clients and leaders in modeling and rating support, we want to help insurers evolve their workflows in a future-proof and scalable way. Our new AI assistant offers the industry trust- worthy, responsible innovation at scale that will support and augment the ex- pertise of insurance professionals, while also increasing speed and efficiency." Institutional knowledge is at risk as a result of insurers' diminishing person- nel, reduced margins, and growing costs. By increasing operational efficiency, providing actionable insights to help optimize pricing, and automating risk submission intake, Verisk's Commercial GenAI Underwriting Assistant tackles these important industry pain issues. According to Verisk's 2025 State of the Industry Survey: • 43% of respondents cited profitability as their organization's top priority, fol- lowed by revenue and growth at 28%. • 36% identified digital transformation and tech modernization as their biggest challenge. • Most notably, 69% believe AI and generative AI will have the most significant impact on the industry over the next five years. "Automation is no longer a luxury for insurers—it's a necessity." —Doug Caccese, Co-President of Underwriting Solutions, Verisk.