TitleLOOK Unveils AI-assisted Knowledge Title Curation
June 6, 2024
TitleLOOK by Mainspring Services released artificial intelligence (AI) enhancements for the curation of its knowledge model for the title industry. Leveraging the advanced capabilities of Azure AI services, this upgrade significantly reduces document-to-data classification time and also results in a more comprehensive taxonomy of the underwriting language and the curative actions essential for effectively cleaning title, the company said in a release.
"The titleLOOK platform was developed from the understanding that title agents are not just document gatherers, but knowledge providers who assemble relevant data, take action against defects, and communicate the clearance effort to all parties involved in the transaction," said Matt Johnson, director of product for titleLOOK. "The deployment of AI assistance empowers our subject matter experts to more quickly and accurately curate the knowledge embedded in the exceptions, requirements and notes language of title commitments and policies."
While the titleLOOK knowledge model is currently exclusive to the platform, Mainspring Services is planning to extend access to other industry vendors. This includes title plants, search and exam programs, and starter exchanges. This will enable integration of advanced classification into their products.
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