HOUSTON (Dec. 6, 2006) – Stewart Title Eastern Caribbean Ltd. recently hosted grand openings for its headquarters office in Anguilla as well as its new branch offices in St. Kitts/Nevis and St. Lucia.
Stewart Title Eastern Caribbean Ltd. is an agent of Stewart Title Guaranty Co., a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC).
“We see tremendous opportunity in the Eastern Caribbean,” said Malcolm S. Morris, chairman and co-chief executive officer, Stewart Information Services Corp. “The infrastructure in the Caribbean is excellent. Stewart’s service offerings will bring additional value to the region.” Morris attended all three grand openings.
Stewart Title Eastern Caribbean helps buyers, lenders and sellers close their Caribbean real estate transactions with security, transparency and peace of mind. The company offers a wide range of products including title guaranty, escrow services and administrative services.
“Foreign investment in real estate is increasing rapidly in the region,” said Carlos Gonzales, chairman, Stewart Title Eastern Caribbean. “Stewart Title chose to open all three offices to enhance the region’s investment environment.”
"Our expansion and success in the Eastern Caribbean is an essential part of our strategy to provide title and title related services to our customers wherever their interests may take them. That this part of the world has been so receptive to our entry only makes it more wonderful," said Michael B. Skalka, chairman and chief executive officer of Stewart Information International.
Stewart Information International is the overseeing body of Stewart’s international operations and a wholly owned subsidiary of Stewart Information Services Corp.
Anguilla dignitaries attending Stewart’s headquarters grand opening included Acting Chief Minister and Minister of Communication Kenneth Harrigan and Permanent Secretary Aidan Harrigan.
Deputy Prime Minister of St. Kitts and Nevis, the Honorable Sam Condor, attended the grand opening of the St. Kitts/Nevis office. Registrar of Deeds Agnes Actia attended the St. Lucia office’s grand opening.
Philip Kisob, Stewart Title Eastern Caribbean general manager, said, “We will work closely with attorneys, developers, real estate agents and banks to provide a superb real estate transaction for the investor.”
The headquarters office is located in The Valley, Anguilla, British West Indies, at the Hannah Waver House, telephone number +1-264-497-0800. The St. Kitts/Nevis office is located in Basseterre, St. Kitts, West Indies, in the Sands Complex on Bay Road and managed by A. Sharez Laws, telephone number +869-465-8619. The St. Lucia office is located in the Lamar Building in Castries and managed by Donna Jacobie, telephone number +758-450-0195
About Stewart Information International Inc.
Stewart Information International Inc. provides oversight and leadership for Stewart’s expansion to markets outside of the United States. By consulting with governments on land laws, developing automated public land record systems, promoting primary and secondary mortgage markets, delivering solutions that speed and simplify the conveyance process, and providing market-driven title assurance, Stewart Information International, Inc. enhances the real estate transaction process. To date, Stewart provides title guarantees and title insurance policies, escrow services, and real estate information services in more than 30 countries through its offices in Australia, Canada, Costa Rica, Czech Republic, Dominican Republic, Mexico, Poland, Romania, Scotland, Slovak Republic, South Korea, Spain, Turkey, the United Kingdom and the United States. Stewart has an 18-year history of providing real estate information solutions for various governments including the Slovak Republic, Trinidad and Tobago, St. Lucia, Hungary, Costa Rica, Washington, D.C., and other locations in the United States. For more information, visit http://www.stewart.com/international
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, mortgage 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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