First American Named a Most Innovative Company of the Year by the American Business Awards® for a Second Time

—Company recognized for its advanced digital solutions and unmatched data assets, furthering position as a leading innovator—

First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, announced today it was recognized as a 'Most Innovative Company of the Year' by the American Business Awards^®, earning a bronze Stevie^® award in the category for companies with more than 2,500 employees. This marks the second time First American has received this prestigious recognition, having previously won in 2022. More than 3,600 nominations from organizations of all sizes and in various industries were submitted to the 2025 awards program in a wide range of categories.

"At First American, we’re committed to developing innovative platforms and tools that blend the best of technology with the deep expertise of our people to help solve industry challenges and benefit our customers,” said Paul Hurst, chief innovation officer at First American. “Earning recognition amid strong competition from across the broader business community validates our position as a leading innovator and our efforts to power seamless real estate transactions."

The company’s emphasis on providing its customers and employees with digital tools designed to enhance efficiency and streamline operations, combined with its ongoing efforts to further deploy artificial intelligence (AI), machine learning and other technologies, helped the company stand out from competitors. For example, the company has enhanced productivity through its proprietary map-based underwriting tool that helps First American underwriters reach faster and better coverage decisions. Additionally, the company has deployed proprietary AI and automation technology to further broaden its title data leadership with the addition of 100 new title plants, bringing its total title plant count to over 1,800 and boosting efforts to automate title production.

First American was also named a Most Innovative Company of the Year at the Best in Biz Awards 2024.

About First American

First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $6.1 billion in 2024, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2025, First American was named one of the 100 Best Companies to Work For by Great Place to Work® and Fortune Magazine for the tenth consecutive year. The company was named one of the 100 Best Workplaces for Innovators by Fast Company for the second consecutive year in 2024. More information about the company can be found at www.firstam.com.

About the Stevie Awards

Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards^®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, and the Stevie Awards for Technology Excellence. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Details about The American Business Awards and the list of 2025 Stevie winners are available at www.StevieAwards.com/ABA. 

View source version on businesswire.com: https://www.businesswire.com/news/home/20250501043808/en/

Earning recognition amid strong competition from across the broader business community validates our position as a leading innovator and our efforts to power seamless real estate transactions.