Stewart Title and TELUS Financial Solutions Partner on Assyst Real Estate Platform
TORONTO--(BUSINESS WIRE)-- TELUS Financial Solutions announced today that it has entered into a strategic alliance with Stewart Title Guaranty Co., a leader in the Canadian Title insurance industry. Stewart Title has agreed to act as TELUS' exclusive representative to advertise, market and promote Assyst Real Estate, TELUS' proprietary web-based mortgage processing application for legal professionals.
Under this arrangement, Stewart Title will be the exclusive sales channel for Assyst Real Estate to the legal community, overseeing all sales and marketing efforts across Canada (excluding Quebec). TELUS will continue to maintain the technology supporting Assyst Real Estate.
"This arrangement allows Stewart Title to offer the most comprehensive mortgage instructing and reporting solution in Canada to the legal community," says Marco Polsinelli, Senior Vice President, General Manager - Canadian Division, Stewart Title Guaranty Company. "We look forward to working with and soliciting feedback from the legal community to further increase lawyer and notary subscriptions on TELUS' Assyst Real Estate."
Assyst Real Estate is a web application that electronically links lawyers and notaries to lenders as a means to streamline the way a mortgage transaction is instructed, processed and reported. Designed by the legal community, for the legal community, Assyst Real Estate enables lawyers and notaries to complete a mortgage transaction seamlessly by simplifying the way legal forms and mortgage documents are created, managed and processed.
"Partnering with Stewart Title on Assyst Real Estate is a natural fit for TELUS," says Keith Nugara, Senior Vice President, Financial Solutions, TELUS Financial Services. "We are thrilled to work with an organization whose core values and interests are in line with those of our customers. We have found a partner in Stewart Title - a highly respected title insurance provider with unmatched support and regard for the Canadian real estate legal community."
In 2007, Stewart Title and TELUS partnered to make Stewart title insurance policies available to be ordered directly from TELUS' Assyst Real Estate in Quebec.
"We have had a long and cooperative relationship with TELUS and this representative arrangement serves to further elevate the partnership between our companies," says Steve Lessack, Group President, International Operations, Stewart.
Assyst Real Estate is currently available to lawyers and notaries across Canada. This arrangement will be a seamless transition as it will be business as usual for clients who presently use the platform.
More information on TELUS' Assyst Real Estate can be found at telus.assystrealestate.com.
TELUS (TSX: T, T.A; NYSE: TU) is a leading national telecommunications company in Canada, with $10.6 billion of annual revenue and 12.8 million customer connections including 7.4 million wireless subscribers, 3.5 million wireline network access lines, 1.3 million Internet subscribers and 595,000 TELUS TV customers. Led since 2000 by President and CEO, Darren Entwistle, TELUS provides a wide range of communications products and services including wireless, data, Internet protocol (IP), voice, television, entertainment and video.
In support of our philosophy to give where we live, TELUS, our team members and retirees have contributed more than $260 million to charitable and not-for-profit organizations and volunteered 4.2 million hours of service to local communities since 2000. Fourteen TELUS Community Boards lead TELUS' local philanthropic initiatives. TELUS was honoured to be named the most outstanding philanthropic corporation globally for 2010 by the Association of Fundraising Professionals, becoming the first Canadian company to receive this prestigious international recognition.
For more information about TELUS, please visit www.telus.com.
About Stewart Title Guaranty Co. (Canada)
Stewart Title Guaranty Co. is a leader in the Canadian title insurance industry and was licensed to operate in all Canadian provinces and territories in 1988. Stewart Title's Canadian Division is headquartered in Toronto with regional operations offices located from coast-to-coast. Best known for its innovative technology systems that enhance the real estate closing process, Stewart Title helps its customers increase efficiency and decrease costs by offering value-added title insurance products for residential and commercial properties. To find out more about Stewart Title, visit www.stewart.ca.
Stewart Information Services Corp. (NYSE-STC) is a customer-focused, global title insurance and real estate services company offering products and services through our direct operations, network of approved agencies and other companies within the Stewart family. Stewart provides these services to homebuyers and sellers; residential and commercial real estate professionals; mortgage lenders and servicers; title agencies and real estate attorneys; home builders; and United States and foreign governments. Stewart also provides loan origination and servicing support; loan review services; loss mitigation; REO asset management; home and personal insurance services; tax-deferred exchanges; and technology to streamline the real estate process. Recognized in 2012 by Forbes® as one of the Most Trustworthy Companies in America, Stewart offers personalized service, industry expertise and customized solutions for virtually any type of real estate transaction, and is the preferred real estate services provider. More information can be found at http://www.stewart.com/news.
Trademarks are the property of their respective owners.
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Stewart Information Services Corp.
Ted C. Jones, 713-625-8014
Stewart Title Guaranty Co.
Amedeo Neri, 416-309-4998
TELUS Media Relations
Donna Ramirez, 416-320-9309
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