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First American Financial's Unit Joins Forces with Qualia
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RedVision – an affiliate of First American Financial Corporation (FAF - Free Report) – and Qualia recently declared the integration of their respective services. The collaboration between RedVision and Qualia will benefit the clients of both companies and help them enhance their respective service portfolio.
Qualia is a cloud-based settlement software company that provides all-in-one solutions to its clients, which leads to more efficient, faster and seamless closings. The aforesaid integration will help Qualia’s customers to gain access to national property title research solutions through RedVision’s production platform – TitleVision.
The aforesaid deal will also enable Qualia’s clients to simplify order processing as well as production throughout the fifty states. Further, the collaboration will enable Qualia’s agents to receive RedVision’s best-practice nationwide title evidence packages and search solutions. This in turn will help Qualia achieve industry-leading service level agreements without having to deal with multiple vendors and processes for procuring and processing their title search information.
Interestingly, the integration with Qualia will allow RedVision’s users to automate and streamline the property research process through a single interface. This should lower the risk for every transaction. The alliance will not only help RedVision to serve its clients more effectively and efficiently, but also open up more revenue generation opportunities for the First American Financial affiliate. No wonder, the leadership teams at both the companies are optimistic about this collaboration.
Zacks Rank and Share Price Movement
First American Financial currently carries a Zacks Rank #4 (Sell). Shares of the property and casualty (P&C) insurer gained 4.16% in the last one year, significantly underperforming the Zacks categorized Property and Casualty industry’s growth of 25.18%. However, we expect strategic alliances like the one mentioned above as well as acquisitions, revenue growth and strong capital management should help the stock to turn around in the near term.
Stocks to Consider
Some better-ranked stocks from the same space include American Financial Group, Inc. (AFG - Free Report) , Everest Re Group, Ltd. and Selective Insurance Group, Inc. (SIGI - Free Report) .
American Financial offers P&C insurance products in the United States. The company delivered positive surprises in three of the last four quarters with an average beat of 6.45%. The company sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Everest Re offers reinsurance and insurance products. The company delivered positive surprises in three of the last four quarters with an average beat of 43.49%. The company holds a Zacks Rank #2 (Buy).
Selective Insurance provides insurance products and services in the United States. The company delivered a positive surprise in one of the last four quarters but with an average negative surprise of 4.53%. The company holds a Zacks Rank #2.
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First American Financial's Unit Joins Forces with Qualia
RedVision – an affiliate of First American Financial Corporation (FAF - Free Report) – and Qualia recently declared the integration of their respective services. The collaboration between RedVision and Qualia will benefit the clients of both companies and help them enhance their respective service portfolio.
Qualia is a cloud-based settlement software company that provides all-in-one solutions to its clients, which leads to more efficient, faster and seamless closings. The aforesaid integration will help Qualia’s customers to gain access to national property title research solutions through RedVision’s production platform – TitleVision.
The aforesaid deal will also enable Qualia’s clients to simplify order processing as well as production throughout the fifty states. Further, the collaboration will enable Qualia’s agents to receive RedVision’s best-practice nationwide title evidence packages and search solutions. This in turn will help Qualia achieve industry-leading service level agreements without having to deal with multiple vendors and processes for procuring and processing their title search information.
Interestingly, the integration with Qualia will allow RedVision’s users to automate and streamline the property research process through a single interface. This should lower the risk for every transaction. The alliance will not only help RedVision to serve its clients more effectively and efficiently, but also open up more revenue generation opportunities for the First American Financial affiliate. No wonder, the leadership teams at both the companies are optimistic about this collaboration.
Zacks Rank and Share Price Movement
First American Financial currently carries a Zacks Rank #4 (Sell). Shares of the property and casualty (P&C) insurer gained 4.16% in the last one year, significantly underperforming the Zacks categorized Property and Casualty industry’s growth of 25.18%. However, we expect strategic alliances like the one mentioned above as well as acquisitions, revenue growth and strong capital management should help the stock to turn around in the near term.
Stocks to Consider
Some better-ranked stocks from the same space include American Financial Group, Inc. (AFG - Free Report) , Everest Re Group, Ltd. and Selective Insurance Group, Inc. (SIGI - Free Report) .
American Financial offers P&C insurance products in the United States. The company delivered positive surprises in three of the last four quarters with an average beat of 6.45%. The company sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Everest Re offers reinsurance and insurance products. The company delivered positive surprises in three of the last four quarters with an average beat of 43.49%. The company holds a Zacks Rank #2 (Buy).
Selective Insurance provides insurance products and services in the United States. The company delivered a positive surprise in one of the last four quarters but with an average negative surprise of 4.53%. The company holds a Zacks Rank #2.
8 Stocks with Huge Profit Potential
Just released: Driverless Cars: Your Roadmap to Mega-Profits Today. In this latest Special Report, Zacks’ Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making – autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>