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SOURCE Dimont & Associates
Certification confirms yet again Dimont operations exceeded the demanding requirements of the SSAE 16 standard
DALLAS, June 25, 2014 /PRNewswire/ -- Dimont & Associates, the leading nationwide provider of hazard and mortgage insurance claims processing services, announced today that it has received SSAE 16/SOC 1 Type II Certification, following an independent accounting firm's detailed review of Dimont's processes and controls relating to operations.
The American Institute of Certified Public Accounts (AICPA), which measures controls and safeguards, replaced SAS 70 with the SSAE 16/SOC 1 in June, 2011 as the authoritative guidance for reporting on service organizations. Dimont has proudly received consecutive certifications since originally applying over 6 years ago. Dimont also received the ISAE 3402 certification, which is the international version of the SOC report.
The SSAE 16 Type II certification attests that Dimont has established control objectives covering the following areas: control environment, risk assessment, monitoring, computer operations, data center operations, access/security, systems development, systems maintenance, and the entire claims process including QA procedures.
"At Dimont, we are committed to exceeding the levels that meet the highest industry and regulatory standards," said Bernie Dimont, President of Dimont & Associates. "Receiving this SSAE 16 Type II certification upholds Dimont's promise to compliance in all of our practices and controls while providing industry-best claims processing services. We are exceptionally pleased to share this news with our clients."
About Dimont & Associates
Founded in 1996, Dimont & Associates leads the industry in providing best-in-class mortgagee claims management services to servicers, investors and government sponsored entities (GSEs). Dimont & Associates, a Wingspan Company, has offices in Dallas, Texas and San Diego, California. For more information, call 972.428.6941 or visit our website www.dimontandassociates.com.
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