Greenlight Re Innovations invests in Blueprint Title
Greenlight Re Innovations, part of Greenlight Capital Re, has announced an investment in Blueprint Title, a full-stack title insurance company.
Founded in 2017, the Nashville-based startup is also backed by Liberty Mutual Strategic Ventures and Avanta Ventures, the venture arm of CSAA.
“Title insurance is the perfect example of an inefficient marketplace with high expense ratios. The title market is well-suited to innovative solutions, and we are pleased to partner with Blueprint as they look to transform this market through innovative technology, automated processes, and competitive pricing.” – Simon Burton, CEO of Greenlight Re.
“Buying real estate has been too difficult for too long. The ‘Single Family Residential’ asset class should be accessible to all, and that’s only possible if title and escrow take a modern approach to transactions. At Blueprint, we use technology, transparency, and innovative insurance models to empower buyers and sellers and to remove friction from the process. The team at Greenlight Re understood that mission from our first conversation – insurance doesn’t have to be complicated and frustrating. I’m thrilled to welcome them to the Company.” – Steve Berneman, Chief Executive Officer at Blueprint.