FX.co ★ Old Republic Title And Qualia Reveals Strategic Technology Collaboration

Old Republic International Corporation (ORI), an insurance underwriting firm headquartered in Illinois, announced on Tuesday a new strategic partnership with Qualia Labs, Inc., a software development company based in California.

This collaboration aims to merge Qualia's cutting-edge technological solutions with Old Republic Title's extensive industry knowledge, enhancing efficiency and providing added value for clients and stakeholders in the title sector.

As part of this initiative, Qualia will acquire Old Republic Title's RamQuest and E-Closing platforms. This acquisition is set to bolster Qualia's capabilities in title production, which Old Republic Title plans to utilize to support their direct division, agents, and customers effectively.

Currently, ORI's stocks are trading at $36.97, marking a 0.79% increase on the New York Stock Exchange.