Posts

Showing posts from April, 2022

AI Technology Permits Automated Title Insurance Operations

Image
The speed of speed at which AI (AI) technology  are gaining ground could be a bit alarming.   In the end, these technologies are available on our phones, laptops and even within our homes.   However, AI rapidly increases our productivity, helps us save money, and assists us to do our jobs more effectively.   In fields like title insurance licensing , the customer support tools that are made available by AI are becoming more essential.   These are the three most well-known AI tools that customers expect from professionals in title insurance: Chatbots If you're here, it is likely you've been in conversation with chatbots.   If you haven't, you'll be in the near future, since the majority of companies are looking to integrate chatbots  by the year 2020.   In addition, studies show  that over 85% of users prefer talking to a chatbot rather than humans!   The most appealing feature of chatbots is their 24-hour customer service.   If they are designed correctly, will reso

The Beginning of the New Normal for Title Agencies

Image
The time of fragmentation among all the players with the final process, including including the lender, title agents the buyer's realtor, and the seller is about to come at an end. It is now new age of interconnection which means that all of the process is being consolidated into a single system. Technology and consumers have pushed this process forward, which makes it necessary for other companies to get involved. In the absence of this, they could be in danger of being a victim of loss in business. In the past the technology of a single platform was available only to major business names. Since technological advancements have made the software more accessible to develop and distribute, smaller independent organizations are now able to use it. In turn should other companies wish to prosper in the coming times, they'll have to incorporate the program as well. It's "the new normal" - the standard used by title agencies to carry out digital transactions between di