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:
No, only general insurers who provide certain ‘retail’ services to customers are required to hold an AFSL. Examples of ‘retail’ insurance products include: travel insurance, motor vehicle insurance, home contents insurance and sickness and accident insurance.
As title insurance is not a ‘retail’ insurance product, Stewart Title does not require an AFSL. Stewart Title is an APRA regulated general insurance business. Despite this exemption, Stewart Title has voluntarily adopted robust consumer protection and dispute resolution measures to ensure it maintains effective consumer protection in line with community, regulatory and industry expectations.