Doma Recognized as Data Solution of the Year for Insurance by Data Breakthrough Awards | News
SAN FRANCISCO–(BUSINESS WIRE)–March 25, 2022–
Doma Holdings, Inc. (NYSE:DOMA), a leading force for disruptive change in the real estate industry, today announced that it has been named “Insurance Data Solution of the Year” by Data Breakthrough’s 2022 Rewards Program. The third annual program recognizes leaders and innovators in the data technology industry, which this year received more than 1,850 nominations from around the world.
Data Breakthrough is an independent market intelligence organization that recognizes the best companies, technologies and solutions in the global data technology market. Its awards program is the premier awards platform founded to recognize data technology innovators, leaders, and visionaries around the world in a range of categories, including Data Analytics, Big Data, Business Intelligence, Data Storage, and many others.
“It’s exciting to be recognized for the transformative technology we’ve built that enables an accelerated, frictionless and seamless home closing experience for buyers and sellers across the United States,” said Andy Mahdavi. , director of data science at Doma. “We are honored to be part of this impressive group of groundbreaking leaders and innovators in their fields.”
Doma, recognized for its proprietary technology solutions and deep people expertise, creates a better experience for everyone in the residential real estate transaction, including current and potential owners, mortgage lenders, title agents and professionals. real estate. The Doma Intelligence platform is powered by extensive public and private data, proven and trained over 30 years of historical data. It uses this data to power ML algorithms that take the rote tasks out of a traditional manual close process. Instead, the technology can deliver a full title commitment in minutes, an accurate closing package in less than a minute, and a digital signature platform that allows all participants to conduct their closing seamlessly. and digital.
“Digital transformation was already underway before the pandemic, but digital initiatives are now skyrocketing, with more than half of all organizations accelerating their digital technology investments due to COVID-19,” said James Johnson, CEO of Data Breakthrough. “We consider data to be the heart of all successful digital transformation initiatives, and we are proud to highlight the market disruptors driving innovation in data technology this year for our third annual Data Program. Breakthrough Awards. Congratulations to all of our 2022 Data Breakthrough Award winners.”
All award nominations were evaluated by an independent panel of experts in the broader fields of data science and technology, with winning products and companies selected based on a variety of criteria, including solutions and services the most innovative and technologically advanced.
About Doma Holdings, Inc.
Doma (NYSE: DOMA) designs the future of real estate transactions. The company uses artificial intelligence and its proprietary technology solutions to transform residential real estate, making closings instant and affordable. Doma and its family of brands – States Title, North American Title Company (NATC) and North American Title Insurance Company (NATIC) – provide solutions for current and prospective owners, lenders, title agents and real estate professionals that dramatically simplify closures and efficiently, reducing costs and increasing customer satisfaction. Doma’s clients include some of the largest bank and non-bank lenders in the United States. To learn more, visit doma.com.
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Camilla Whitmore | PR Manager for Doma |[email protected]
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE TECHNOLOGY CONSTRUCTION & REAL ESTATE INSURANCE FINANCE PROFESSIONAL SERVICES SOFTWARE DATA MANAGEMENT RESIDENTIAL BUILDING & REAL ESTATE
SOURCE: Doma Holdings, Inc.
Copyright BusinessWire 2022.
PUBLISHED: 03/25/2022 09:10/DISC: 03/25/2022 09:11
Copyright BusinessWire 2022.