Amid growing concerns about compliance costs in title insurance, a trio of title agents has formed a consortium to help smaller firms manage their back offices more efficiently.

The founding members of TitleConnect are Capitol Title, Closeline Settlements and Monarch Title. By centralizing tasks like information technology support, human resources administration and compliance assistance with TitleConnect, smaller title firms can better manage their costs while still retaining their independence, said executives from the Washington, D.C.-based group.

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