Stewart Title Ltd. offers “Single Risk Indemnity” Coverage to commercial property investors in Italy
Policy safeguards against losses arising from numerous types of known risks inherent in commercial property transactions
LONDON (November 16, 2010) - Stewart Title Ltd. the underwriter for
“Since the European title insurance market is evolving, we regularly come across new risks related to
In Italy, SRI policies provide cover for losses, including legal fees and the diminution in the value of the property, arising from off-title defects such as compliance with town planning regulations and instruments; validity of retail licenses; pre-emptive rights; easements; fraud; human errors; and registration issues.
Since introducing this product, Stewart Title Ltd. has already issued
“Our clients receive expertly written, customized SRI policies according to the needs of their transactions, and the ability to close their transactions quickly, securely and
To reduce risk and improve efficiency in residential and commercial conveyancing and re-mortgage transactions, Stewart Title also offers a full range of legal indemnity products to solicitors, lenders and property owners including a gap policy and escrow services.
Stewart Title Ltd. is a title insurance leader in Europe with more than EUR nine billion in transactions underwritten
About Stewart Title Ltd.
Stewart Title Ltd. is a title insurance company regulated by the Financial Services Authority and registered in England and Wales under number 2770166. As a wholly owned subsidiary of Stewart Title Guaranty Company, Stewart Title Ltd. is the primary underwriter of UK, European, Australian and New Zealand transactions. The company’s operations are headquartered in London with offices throughout the UK, Europe, Australia and New Zealand. Stewart Title Ltd. delivers a host of legal indemnity products, streamlining the conveyancing and closing process and helping solicitors creatively overcome difficult title situations. More information can be found at http://www.stewarttitlelimited.com.
Stewart Information Services Corp. (NYSE-STC) is a customer-driven, technology-enabled, strategically competitive, real estate information, title insurance and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries throughout the United States and international markets. Stewart also provides post-closing lender services, automated county clerk land records, property ownership mapping, geographic information systems, property information reports, flood certificates, document preparation, background checks and expertise in tax-deferred exchanges. More information can be found at http://www.stewart.com. Subscribe to the Stewart blog athttp://blog.stewart.com or follow Stewart on Twitter @stewarttitleco.