Stewart Title consolidates New York operations under single entity

Stewart Title Insurance Co. has merged with its affiliate Stewart Title Guaranty Co. and will now operate in New York under the latter’s name.

Company leaders said the internal consolidation is intended to unify Stewart’s operations under a single underwriting entity in New York — with the goal of enhancing underwriting capacity and financial backing for transactions in the state.

“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,” Stewart CEO Fred Eppinger said in a statement.

“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.”

As part of the transition, Stewart Title Guaranty Co. has joined the Title Insurance Rate Service Association and adopted New York policy and endorsement forms. This aligns Stewart with New York’s industry regulatory framework and allows it to streamline operations nationwide under one company name.

“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 customers’ needs,” Eppinger said.

“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.”

The company said the merger reinforces its ability to manage both routine and complex title insurance transactions in New York and across the U.S.