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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.