Stewart Title’s unwavering business philosophy is to partner with the legal and conveyancing professions and support them in offering comprehensive protection to purchasers and home owners. We do this not only by underwriting risk, but also by striving to develop initiatives to help strengthen your role in the conveyancing transaction.
StewartCONNECT is one such initiative. It enables solicitors and conveyancers to easily incorporate title insurance as a risk management tool into current conveyancing practice and procedures without the requirement for solicitors and conveyancers to obtain their own Australian Financial Services License (AFSL). As a member of StewartCONNECT, you are exempt from financial services legislation licensing requirements.
In partnering with solicitors and conveyancers to provide title insurance to purchasers and home owners, we have made a commitment to waive any rights and remedies or relief to which we become entitled in our policies by way of subrogation against you, where a claim arises as a result of your negligence.
Stewart Title also indemnifies StewartCONNECT members where your client brings a claim against you with respect to a matter that would be covered under our policies (up to the limit of cover provided).
The waiver and indemnity is subject to a number of conditions.
Please note that the information on title insurance provided is solely for general information purposes only and does not relate to your personal circumstances. It is not intended to be a complete description of all the terms, conditions and exclusions applicable to the title insurance product. Please refer to your issued policy for full details, including the specific terms and conditions, exclusions and other limits on coverage. Sample policies are available here or upon request.