Stewart Title Insurance Company (STIC) announced today that it has officially merged with Stewart Title Guaranty Company (STGC), and will begin operating immediately in New York as STGC. Both STIC and STGC are owned by Stewart Information Services Corporation (NYSE: STC). This merger represents a strategic step forward to better the company’s offerings while capitalizing on Stewart’s financial strength and meeting the evolving needs of its customers.
“Operating as STGC in New York will allow us to better serve our New York customers by accessing all of our underwriting power and increased financial stability,” said Stewart CEO Fred Eppinger. “Stewart is a trusted underwriting name in New York, and this merger will allow us to leverage the full strength of our combined financial balance sheet, enabling us to more effectively and efficiently underwrite transactions of all sizes, including significantly larger and more complex transactions.”
STGC has joined Title Insurance Rate Service Association (TIRSA) and adopted the New York Policy and Endorsement forms, further aligning with industry standards and enabling Stewart to operate as one cohesive company across the country.
“Stewart is building the Premier Title Services Company, and this merger is a natural step as we align with industry standards allowing us to offer the same level of service with the added benefit of expanded capabilities to support our customer’s needs,” continued Eppinger. “Our commitment to delivering a seamless experience to our clients remains unchanged as all existing leadership and employees will remain in place, ensuring continuity and dedication to the high standards our customers and clients have come to expect from us.”
This merger marks an exciting new chapter for Stewart in New York and across the country as it reinforces the company's ability to deliver unparalleled service to clients across the nation. For more information contact your Stewart representative or visit stewart.com.
About Stewart
Stewart (NYSE-STC) is a global real estate services company, offering products and services through our direct operations, network of Stewart Trusted Providers™ and family of companies. From residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage and real estate industries, we offer the comprehensive service, deep expertise and solutions our customers need for any real estate transaction. At Stewart, we are dedicated to becoming the premier title services company and we are committed to doing so by partnering with our customers to create mutual success. Learn more at stewart.com.