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In terms of technology, there are many opportunities for title insurers, since automation has not ranked high on their agendas. Title insurers continue to do what they have always done - unearth pertinent property facts. In providing insurance, the title company is saying there is a clear title, with exceptions enumerated, and that the chain of title and people that have passed through have a right to sell a property. Research must not only be done accurately but quickly. One way to speed the research process is through use of number of data base services, such as TRW/REDI, that provide an index to microfilmed documents produced by a county recorder. While it would seem that faster service could result from the use of technologies such as imaging at the title plant and its branch offices, such modernization has not yet arrived in this segment of the industry.
