Kroll Factual Data and Stewart Mortgage Information Announce Title Insurance Alliance
October 24, 2005
LOVELAND, Colo.--(BUSINESS WIRE)-- Kroll Factual Data, Inc., a subsidiary of Kroll Inc., a global risk consulting company, and Stewart Mortgage Information Co. a wholly owned subsidiary of Stewart Information Services Corp. (NYSE: STC - News), have formed an agreement giving Kroll Factual Data integration with Stewart Mortgage Information's full collection of title insurance products and services. This technology interface agreement will give Kroll Factual Data a full suite of title products and related mortgage settlement services that will further enhance its bundled services offering for the mortgage industry.
Through this agreement, Kroll Factual Data's clients can initiate title orders through its web-based technology platform.
James Donnan, president of Kroll Factual Data said, "We are proud to have forged this strategic alliance with Stewart Mortgage Information. By further capitalizing on our robust technology platform and integration skills, we will enhance our clients' ability to streamline their workflows and competitively price their services. The addition of Stewart's title products and services places Kroll Factual Data's service offering at the top of the leader board for full loan support service functionality."
"We are pleased to be able to form this alliance with Kroll Factual Data and add these products and services to help complete their bundled services offerings," said Kevin Gugenheim, president and chief operating officer, Stewart Mortgage Information. "Kroll Factual Data has an outstanding technology platform and we believe that by combining this with our expertise in the title and settlement services area that this partnership will benefit both companies' customers."
Source: Kroll Inc.