Stewart Title Enters NZ Market

Stewart Title Ltd., which underwrites title insurance transactions in Australia and Europe for Stewart Information Services Corp., Houston, has announced that it is opening for business in New Zealand.The company's office will be located in Auckland. "There has been a need for some time now to provide lender title insurance for Stewart's Australian customers also operating in New Zealand," said Anna Macdonald, general manager of Stewart Title Ltd., Australia. "The establishment of the New Zealand branch enables Stewart's Australian branch to service lenders doing business in both Australia and New Zealand, as well as to introduce title insurance to the New Zealand market." The company has named Megan Fraser as business development manager for New Zealand. She has nearly six years of experience working in Stewart's Canadian division. In New Zealand, Stewart will offer residential and commercial lender and purchaser title insurance.