Qualia has entered a strategic partnership with Old Republic Title, aiming to improve real estate transaction processes through technology. Old Republic, with its long-standing history, recognizes the need to adapt to rapid technological advancements in the industry. Qualia's acquisition of RamQuest and E-Closing platforms will bolster its title production capabilities, allowing Old Republic to shift its title insurance operations to the Qualia platform. The move reflects a shared understanding of the evolving real estate landscape and the potential for AI automation to streamline workflows.
The financial terms of the deal were not disclosed. Like Qualia, RamQuest and E-Closing are closing platforms, with RamQuest being one of the most widely used by title professionals in addition to Qualia and Softpro.
It creates a mutually effective path for offering the expertise of Qualia in the rapidly changing technology environment, and the strength of Old Republic Title as a leader in the title industry.
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