A new analytics tool for title insurance companies is now available from DataQuick.
Dubbed Market Intelligence TitleShare, the analytics engine draws on DataQuick's property, sale and mortgage information database to give title insurance companies deeper insight into title transaction and lending trends.
Using this Web-based tool, title professionals can accurately measure market share, examine competitor behavior, observe underlying market conditions, and better manage lender and title partner relationships, DataQuick claims. As such, it provides them with access to the business and marketing intelligence they need to both understand and build their business.
The solution also allows professionals to create their own custom dashboards and reports.
"Market shifts and increased regulatory scrutiny has markedly impacted the title insurance industry in recent years," says John Walsh, president of DataQuick, in a release. "By putting key metrics and dashboards in the hands of decision-makers, Market Intelligence TitleShare helps title companies better understand market changes and adjust accordingly, such as with the current transition from a refinance to a purchase-driven real estate market."
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