HOUSTON (May 16, 2005) - Stewart Title Latin America has opened a new international operation with the establishment of Stewart Title Eastern Caribbean in Anguilla, British West Indies.
This newest Stewart operation joins a growing network of Latin American and Caribbean operations providing both international and local purchasers and lenders with cutting-edge title and real estate information services. The focus for Stewart Title Eastern Caribbean will be the development of Stewart operations throughout the English, French and Dutch-speaking Caribbean islands.
"Investors in the Caribbean have been seeking secure title guarantees and enhanced real estate services for some time," said John Benjamin, a solicitor in Anguilla's capital, The Valley. "That is why the present Caribbean market is ideal for Stewart Title."
Benjamin is a local partner of Stewart Title Eastern Caribbean, which is a subsidiary of Stewart Title Latin America Inc.
"With the increased amount of investment in the Caribbean real estate market and repeated requests from our clients, this is the ideal location for a new Stewart operation," said Christopher Hill, general manager, Stewart Title Latin America.
Stewart Title Eastern Caribbean provides a suite of products and services that enhance the local Caribbean real estate transaction process. The office's products and services include title guarantees, escrow services, closing coordination, online file management and other administrative services that are necessary for a Caribbean real estate closing.
"We are committed to providing developers, individual purchasers and lenders with the products and services that will make their Caribbean real estate transaction process more secure and efficient," said Brad DeLoach, general manager, Stewart Title Eastern Caribbean.
About Stewart Title Latin America
Stewart Title Latin America through Stewart Title Eastern Caribbean now has the exclusive right to serve as the Stewart affiliate in Anguilla, Antigua, Bonaire, Bermuda, Curacao, Dominica, Grenada, Guadeloupe, Haiti, Jamaica, Martinique, Montserrat, St. Barts, St. Kitts and Nevis, St. Lucia and St. Vincent for real estate services. Stewart Information International has an ownership interest in Stewart Title Latin America.
Stewart Information International is a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), a technology driven, strategically competitive, real estate information 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 7,800 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 www.stewart.com.