Centex Title
Centex Title made a strong market entry as a Title Insurance underwriter, beginning in year 2000. In order to move quickly, Centex decided to automate the process of managing the policies they were underwriting. Furthermore, in every state Centex decided to write policies, they were required to conform to state regulations. Since every state has unique regulatory requirements, differing sets of òÀÜrulesòÀÝ had to be applied to policies and their premium calculations.
To jump-start their operation, Centex contracted with MainStreet Solutions, (doing business at that time as Desktop Networks), to provide a title policy management database. MainStreet leveraged their experience in the title insurance industry and expertise in solving òÀÜworkflowòÀÝ problems to provide a rapid response solution for Centex to implement. Additional user requirements were ascertained as well as a strategic nationwide rollout. MainStreet responded and added features to allow Centex to underwrite and manage hundreds of title policies a day, from multiple states, with only two (2) data entry personnel.
Centex benefited from an application customized to the way they do business, to their workflow processes, allowing them to do more business with fewer people. They were able to expand into multiple states very quickly, capturing market share, adding significant value to their business and increasing profitability.
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