Doma Recognized Data Solution of the Year for Insurance by Data Breakthrough Awards
March 25 2022 - 9:10AM
Business Wire
Doma Named an Outstanding Leader and Innovator
for 2022 in the Data Technology Industry
Doma Holdings, Inc. (NYSE: DOMA), a leading force for disruptive
change in the real estate industry, announced today it was named
“Data Solution of the Year for Insurance” by Data Breakthrough’s
2022 Awards program. The third annual program recognizes leaders
and innovators in the data technology industry, which this year
received over 1,850 nominations from across the globe.
Data Breakthrough is an independent market intelligence
organization that recognizes the top companies, technologies and
solutions in the global data technology market. Its awards program
is the premier awards platform founded to recognize the data
technology innovators, leaders and visionaries from around the
world in a range of categories, including Data Analytics, Big Data,
Business Intelligence, Data Storage, and many more.
“It’s exciting to be recognized for the transformative
technology we’ve built that enables an accelerated, frictionless,
and transparent home closing experience for buyers and sellers
across the U.S.,” said Andy Mahdavi, Chief Data Science Officer at
Doma. “We’re honored to be included in this impressive group of
breakthrough leaders and innovators in their fields.”
Doma, recognized for its proprietary technology solutions and
deep human expertise, creates a better experience for everyone
across the residential real estate transaction, including current
and prospective homeowners, mortgage lenders, title agents, and
real estate professionals. The Doma Intelligence platform is
powered by extensive public and private data, proven and trained on
30 years of historical data. It uses this data to power ML
algorithms that eliminate the rote tasks of a traditional, manual
closing process. Instead, the technology can deliver a complete
clear-to-close title commitment within minutes, an accurate closing
package in under a minute, and a digital signing platform that
empowers all participants to drive their closing seamlessly and
digitally.
“Digital transformation was already taking place before the
pandemic, but digital initiatives are now skyrocketing with over
half of all organizations speeding up their investments in digital
technologies due to COVID-19,” said James Johnson, Managing
Director, Data Breakthrough. “We see data as the core to all
successful digital transformation initiatives, and we are proud to
highlight the market disruptors that are driving innovation in the
data technology space this year for our third annual Data
Breakthrough Awards program. Congratulations to all of our 2022
Data Breakthrough Award winners.”
All award nominations were evaluated by an independent panel of
experts within the larger fields of data science and technology,
with the winning products and companies selected based on a variety
of criteria, including most innovative and technologically advanced
solutions and services.
About Doma Holdings, Inc.
Doma (NYSE: DOMA) is architecting the future of real estate
transactions. The company uses machine 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) – offer solutions
for current and prospective homeowners, lenders, title agents, and
real estate professionals that make closings vastly more simple and
efficient, reducing cost 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 | Lead, Public Relations for Doma |
camilla.whitmore@doma.com
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