Stewart Title Ltd. Extends Title Insurance To Cover Entire European Union
October 11, 2007
London - Stewart Title Ltd. , the primary underwriter for the European and Australian transactions for Stewart Information Services Corp. announced 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 €5B 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 unexpected criminal activity. A title insurance policy can help protect all parties against losses from identity theft or fraud in real estate transactions.
The company also specializes in providing title insurance or legal indemnity for second-home/ vacation home/ resort buyers.
Source: Stewart Title Ltd.