First American Chief Innovation Officer Paul Hurst Named a 2023 Inman Best of Proptech Award Winner

Rhea-AI Summary

First American Financial Corporation (NYSE: FAF) announced that Chief Innovation Officer Paul Hurst was named a 2023 Inman Best of Proptech award winner in the venture capital category. The award recognizes his instrumental efforts in driving transformative innovation in real estate transactions, leveraging the company's data assets and proprietary technologies to enhance customer experience. Hurst's role in guiding investments in high-growth proptech companies and launching Endpoint, a digital title and settlement company, has generated significant strategic advantage and future growth opportunities for First American.

Positive

• Paul Hurst's recognition as a 2023 Inman Best of Proptech award winner highlights First American's commitment to driving transformative innovation in the real estate industry, positioning the company for future growth and strategic advantage.

Negative

• None.

SANTA ANA, Calif.--(BUSINESS WIRE)-- 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 that Chief Innovation Officer Paul Hurst was named a 2023 Inman Best of Proptech award winner in the venture capital category. The inaugural Inman 2023 Best of Proptech awards spotlight the achievements of the companies and leaders leveraging technology to change the residential landscape. Inman’s editorial team selected the winners.

“Paul’s efforts have been instrumental to our progress in making buying and selling real estate simpler, faster and more certain,” said Ken DeGiorgio, chief executive officer of First American. “This recognition reflects both his contributions and those of our people across our company in driving transformative innovation that leverages our industry-leading data assets and proprietary technologies to help enhance our customers’ experience.”

Hurst, who also serves as managing director of First American’s venture capital arm Parker89, has guided investments in more than 20 high-growth proptech companies that have generated significant strategic advantage and future growth opportunities for the company. He was also influential in developing and launching Endpoint, a digital title and settlement company funded by First American.

In 2022, Hurst was named the gold winner in the Innovator of the Year category at the Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America.

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 130 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 $7.6 billion in 2022, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2023, First American was named one of the 100 Best Companies to Work For by Great Place To Work^® and Fortune Magazine for the eighth consecutive year and was named one of the 100 Best Workplaces for Innovators by Fast Company. More information about the company can be found at www.firstam.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231113554404/en/

Media Contact:

Marcus Ginnaty

Corporate Communications

First American Financial Corporation

714-250-3298

Investor Contact:

Craig Barberio

Investor Relations

First American Financial Corporation

714-250-5214

Source: First American Financial Corporation

FAQ

What award did Paul Hurst receive in 2023?

Paul Hurst was named a 2023 Inman Best of Proptech award winner in the venture capital category.

How has Paul Hurst contributed to First American's progress?

Paul Hurst's efforts have been instrumental in making buying and selling real estate simpler, faster, and more certain, reflecting his contributions to driving transformative innovation.

What is Parker89?

Parker89 is First American's venture capital arm, guided by Paul Hurst, that has made investments in more than 20 high-growth proptech companies.

What is Endpoint?

Endpoint is a digital title and settlement company funded by First American, developed and launched with influential contributions from Paul Hurst.

What recognition did Paul Hurst receive in 2022?

In 2022, Paul Hurst was named the gold winner in the Innovator of the Year category at the Best in Biz Awards, an independent business awards program.

Who selected the winners of the Inman 2023 Best of Proptech awards?

Inman's editorial team selected the winners of the Inman 2023 Best of Proptech awards.