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North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.


Stewart to Outsource Internal Audit Function

May 12, 2011

Stewart Information Services Corp announced its decision to outsource its internal audit function to Deloitte LLP as part of Stewart’s continuing effort to enhance services to its title agencies and customers, provide flexibility and to reduce expenses.

“After many months of evaluation, we selected Deloitte because of their title insurance expertise, their understanding and loyalty to our industry, and the value they place on our current audit associates,” noted Matthew W. Morris, senior executive vice president for Stewart. “Deloitte has a very highly regarded internal audit practice and can expand our capabilities around continuous monitoring, forensic audit and IT audit tools. Additionally, given their geographically dispersed resources and size, we can be more scalable, adaptable and flexible in our ongoing audit approach.”

In addition, Stewart expects to reduce its overall costs by implementing a variable-cost structure, which will allow greater opportunity by tying costs to market fluctuations. This flexibility is a key benefit given changing regulations, shifting requirements for centralized accounting and IT, and opportunities to leverage more robust audit technology and tools.



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American Land Title Association
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