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ClearEdge Title and Iris® Team Up for Enhanced Home Title Protection

In a significant advancement in property protection, ClearEdge Title, a preeminent provider in both residential and commercial title and escrow services, has announced a strategic partnership with Iris® Powered by Generali. This collaboration aims to deliver innovative home title and identity protection solutions that cater to the increasing threats of title fraud and identity theft.

Addressing Increasing Fraud Threats

The partnership marks a notable response to the growing concerns surrounding property fraud. As home title fraud becomes more prevalent, ClearEdge Title introduces the ClearEdge Property Protection Plus service, powered by Iris. This comprehensive package not only offers monitoring and alert systems for potential title fraud but delivers extensive support for resolution if fraud occurs. With rising incidences of fraudulent activities where deceivers forge property deeds or impersonate homeowners, such initiatives are timely and critical.

Stephanie Holdsworth, Senior Vice President of Business Development at ClearEdge Title, emphasized that this partnership provides more than just a service; it creates an additional security layer that protects clients long after their property transactions conclude. She stated, “The transaction doesn’t have to end at the closing table anymore. We're thrilled to introduce a solution that fills a long-standing gap in the title industry.” This service even comes with reimbursement options for expenses related to title fraud, a unique feature in the industry.

Innovative Features for Homeowners

Among numerous offerings, a key highlight of the ClearEdge Property Protection Plus package is the home title monitoring system. This critical tool allows for continuous vigilance over property titles, offering timely alerts when changes are detected. As mentioned in surveys, 1 in 3 individuals perceive moving to a new home as an increased risk factor for identity theft, thus this monitoring system aims to alleviate some of these concerns.

The partnership also leads to enhanced customer support, featuring 24/7/365 U.S.-based, multilingual fraud resolution assistance. Additionally, the service provides homeowners with up to $2 million in title identity theft expense reimbursement, further extending the advantages for users of both residential and commercial properties.

An Evolving Real Estate Landscape

Paul Quintal, Chief Revenue Officer of Iris Powered by Generali, remarked on the urgency of addressing home title fraud, which he described as one of the fastest-growing challenges faced by property owners today. “It's increasingly tied to broader identity theft tactics,” he noted, emphasizing the necessity for robust defense mechanisms in today’s real estate landscape.

The prevalence of fraudulent schemes where criminals can sell properties without the owner's knowledge makes the need for ClearEdge Title’s innovative solutions paramount. Homeowners often remain unaware of these deceptions until they receive alarming notices, proving the importance of proactive measures.

A Trusted Partnership

ClearEdge Title has established itself as a transformative presence in an industry historically characterized by complexity and inefficiency. With the added services from Iris, the partnership is set to enhance the already comprehensive portfolio that ClearEdge Title offers its clients, ensuring that high standards of compliance with legal and industry regulations are maintained. ClearEdge continues to operate under stringent standards with various certifications, ensuring its offerings align with changing market demands and risks.

As the real estate industry continues to evolve alongside emerging technologies and increasing fraudulent activities, partnerships like that of ClearEdge Title and Iris Powered by Generali become crucial. Not only do they enhance service offerings, but they also instill confidence in property transactions, protecting homeowners and ensuring their investments are safeguarded against potential threats.

To explore more about the features of this new offering, interested parties are invited to visit the Iris website.

About ClearEdge Title

ClearEdge Title prides itself on delivering a client-centric experience, characterized by transparency and trust throughout the process of closing residential and commercial deals. They aim to simplify costs through bundled pricing options while constantly adapting to meet the unique needs of their clients.

About Iris® Powered by Generali

Iris is a global entity that offers identity and cyber protection solutions, dedicated to creating meaningful integrations into people's lives by partnering with renowned brands. With nearly two centuries of experience in the insurance sector, Generali remains committed to protecting individuals and their identities through innovative technology and strategies.