As Stewart continues to grow and offer targeted real estate services for our customer segments, we are proud to announce the creation of our National Homebuilder and Developer Sales team dedicated to the national and regional builder and developer community. This new team will be led by industry expert Ken Phillips, who has been named Stewart's senior vice president of homebuilder and developer sales.

Stewart Title Creates National Homebuilder and Developer Sales Team led by industry heavy hitter, Ke ...

Stewart Title Creates National Homebuilder and Developer Sales Team led by industry heavy hitter, Ken Phillips (Photo: Business Wire)

"As the market recovers and we see existing home inventory shrink due to consumer demand for housing, builders are ramping up their development efforts at rapid paces," said Glenn Clements, group president, direct operations. "We are excited that Stewart is at the forefront of this growth to partner with our builder and developer customers to better serve them and homebuyers across the U.S."

In his role as senior vice president - director of the National Homebuilder and Developer Sales division, Phillips reports into Buzz McCray, senior vice president group sales manager, direct operations for Stewart Title, and is responsible for business development including client relations, growing Stewart's ancillary builder business, and managing the new team. He brings 16 years of extensive experience working with builders and developers, including 13 years in key sales, management and executive positions at a major title insurance company, as well as building and executing the National Homebuilder Services Division as senior vice president and director for another large title insurance agency.

"We are pleased to bring Ken's expertise to Stewart Title to focus and grow our builder and developer book of business," said Buzz McCray. "His industry expertise, relationships and proven track record of success, make him an invaluable resource to growing our Stewart Title builder national and regional sales, working in conjunction with our Stewart Title direct operations."

Before beginning his career in real estate services, Phillips served in the United States Coast Guard and held leadership positions with United Parcel Service (UPS), where he worked for 12 years. He has also served as a volunteer firefighter, an EMT-D and worked briefly as a seasonal firefighter for the California Department of Forestry.

Phillips is based out of Houston, TX at Stewart's corporate headquarters, and can be reached at (713) 625-8209 or kephillips@stewart.com.

For more information on Stewart's homebuilder and developer services, visit http://www.stewart.com/builders-and-developers.

About Stewart

Stewart Title Company is a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), 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. 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.

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Stewart Information Services Corp.
Ted C. Jones, 713-625-8014
Director-Investor Relations
ted@stewart.com
http://www.stewart.com