Stewart Title Opens Three New Offices in the Eastern Caribbean
|December 7, 2006|
HOUSTON -- 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."
Source: Stewart Information Services Corp.