Spruce partners with reinsurer

Spruce said it has partnered with one of the world's leading reinsurers to bring cost-effective title insurance fueled by automation to the U.S. market.

Spruce co-founder and CEO Patrick Burns said the company’s automated underwriting paired with the backing and security of the reinsurer will allow it to offer lower pricing for title insurance and a best-in-class experience for lenders, real estate companies, and consumers.

Read on to learn more.