To help answer any questions you may have about Stewart Title’s regulatory status and financial strength, we have compiled answers to a number of frequently asked questions we have received from you and seen posted on third-party forums:
Yes, Stewart Title is registered with ASIC as a foreign company under Chapter 5B.2 of the Corporations Act 2001 (Cth) (Corporations Act). This is a legitimate and widely used corporate structure for branches of businesses incorporated in a foreign jurisdiction.
Stewart Title is also subject to regulatory oversight by ASIC because the title insurance policies issued by Stewart Title are “financial products” as defined under the Australian Securities and Investments Commission Act 2001 and are also subject to the Insurance Contracts Act 1984. ASIC is responsible for regulatory oversight and supervision of the consumer protection measures under these Acts.