Environmental Scan and Economic Analysis: Stewart Title Company
Business Summary: Stewart Title Company
Stewart Title Company (Stewart)—child of parent company Stewart Information
Services Corporation (STC)—is a real estate information and transaction management company
that provides title insurance and related services. At the end of the second quarter 2006, the
company was issuing policies through more than 9,000 issuing locations, on homes and other
real property located in all 50 states, the District of Columbia, and several foreign countries.
Stewart also offers computer-related services and information, as well as mapping products and
geographic information systems, to government and private entities, both domestic and foreign
The title insurance segment contributed 82 percent of 2005 pretax income—the real
estate information segment provided the remaining 18 percent. About 47 percent of title revenues
came from four states: California, Texas, Florida, and New York (Hoovers, 2006).
Strategic Objectives and Goals
As part of its strategic management, Stewart creates a culture of challenge by
encouraging management team members and employees to value open and constructive criticism
(Stewart, 2006). With keen focus on e-solutions and e-closings, Stewart developed (1)
online transaction management system, (2) the eClosingRoom™ electronic closing
platform (developed by Stewart and Silanis Technology), (3) the AIM
production system, and (4) the TitleSearch
title plant, document imaging and search analysis
systems (Stewart, 2006). These proprietary services exemplified Stewart’s strategic goal to
increase market share, which required a strong financial and corporate commitment (Pearce and
Robinson, 2005, p. 110).