LONDON (Nov. 16, 2006) - Stewart Title Ltd., the primary underwriter for European transactions for Stewart Information Services Corp. (NYSE-STC), has announced the relocation of its Scotland office to Bellshill. Bellshill is centrally situated between Edinburgh and Glasgow.
Stewart has appointed John Logan as senior underwriter, with additional responsibilities as manager of the Scotland office. He also will be responsible for introducing new business and maintaining the current operations and business relationships within Scotland.. Mr. Logan joins Stewart with nearly five years of experience as a title insurance underwriter and in excess of 20 years of experience dealing with real property as a solicitor.
"In order to accommodate our growth in Scotland, we have relocated to a larger space and central location in Bellshill," said Steven M. Lessack, chief executive officer, Stewart Title Ltd. "In addition to John, we have appointed two business development executives who will support our clients in Scotland."
Title indemnity or title insurance is a risk management tool that helps minimise risk and improve efficiency in a property transfer or re-mortgage transaction. Stewart offers a full range of title indemnity products to speed up the conveyancing and re-mortgage processes and safeguard real property investments. Stewart’s products cover all types of real estate transactions including commercial, residential and re-mortgages.
Stewart Title Ltd. provides title insurance for residential and commercial properties and an array of other country-specific products and services throughout Europe.
The executive office in London oversees the Scotland office in addition to the other United Kingdom operations, Spain, the Czech Republic, Hungary, Poland, Slovakia, Slovenia, Turkey, Romania and Australia.
Stewart Title Ltd.’s Scotland Office is located at: Suite F7, Phoenix House, Strathclyde Business Park, Phoenix Crescent, Bellshill ML4 (Legal Post Number LP6 Bellshill), tel: +44 01698 501300 and fax: +44 01698 744111.
About Stewart Title Ltd.
Stewart Title Ltd. is a UK insurance company, regulated by the Financial Services Authority. The company delivers a host of title indemnity products, streamlining the conveyancing and closing process and helping solicitors and attorneys creatively overcome difficult title situations. Visit www.stewarttitle.co.uk for more information.
Stewart Information Services Corp. is a customer-oriented, 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 9,500 policy-issuing offices and agencies in the United States and international markets. Stewart also provides post-closing lender services, default management solutions, 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.
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For more information, please contact:
Ted C. Jones, Director- Investor Relations, Stewart Information Services Corp., Houston, TX
Tel: (713) 625-8014, email@example.com
Michael B. Skalka
Tel: (713) 625-8247
Director of European Underwriting
Stewart Title Ltd.
Tel: +44 (0) 20 7010 7820