Stewart Title Ltd. extends title insurance to cover entire European Union
LONDON (Oct. 9, 2007) - Stewart Title Ltd., the primary underwriter for the European and Australian transactions for Stewart Information Services Corp. (NYSE-STC), is pleased to announce that it is now offering title insurance coverage in all European Union (EU) countries. Stewart Title Ltd. is one of the leading title insurers in Europe with more than €5 billion in title insured transactions within Central Europe alone.
“Stewart Title is pleased to provide complete and comprehensive title insurance coverage in all EU countries and reduce the risks involved with property transactions,” says Steven Lessack, chief executive officer, Stewart Title Ltd. “Our proven European team has expanded to meet the demands of the market and developed customized policies to match our clients’ needs, including cross-border commercial transactions.”
Title insurance or legal indemnity helps reduce risk and improve efficiency in residential and commercial conveyancing or re-mortgage transactions. Stewart offers a full range of legal indemnity products to solicitors, lenders and property owners to speed up the conveyancing and re-mortgage processes, and to safeguard property investments with the numerous covers that the policies provide.
With the significant increase in identity theft and mortgage fraud around the world, Stewart policies provide coverage against
The company also specializes in providing title insurance or legal indemnity for second-home/ vacation home/ resort buyers.
Stewart Title’s team
About Stewart Title Ltd.
Stewart Title Ltd. is a UK title insurance company regulated by the Financial Services Authority and registered in England and Wales under number 2770166. As a wholly owned subsidiary of Stewart Title Guaranty Company, Stewart Title Limited is the primary underwriter for European and Australian transactions. The company’s operations are headquartered in London with offices throughout the UK and Europe. Stewart Title Ltd. delivers a host of legal indemnity products, streamlining the conveyancing and closing process and helping solicitors and attorneys creatively overcome difficult title situations.
Stewart Information Services Corp. is a customer-driven, technology-enabled, strategically competitive, real estate information, title insurance and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries through more than 9,500 policy-issuing offices and agencies in the United States and international markets. Stewart also provides post-closing lender services, automated county clerk land records, property ownership mapping, geographic information systems, property information reports, flood certificates, document preparation, background checks and expertise in tax-deferred exchanges. More information can be found at http://www.stewart.com.