Enhancement of Epack product suite targeted at private companies

CHICAGO--(BUSINESS WIRE)-- CNA announces the availability of Epack Extra^®, an enhanced version of its modular Epack product that includes Directors & Officers (D&O), Employment Practices Liability (EPL), Fiduciary, Miscellaneous Professional Liability (MPL) and Media Liability. Approved in 35 states, Epack Extra features a re-written form that better addresses the needs of customer-focused companies and producers.

Epack Extra includes the various endorsement enhancements that CNA has offered since the release of Epack more than 10 years ago. In addition to the original Epack coverages, Epack Extra includes Technology Errors & Omissions, Network Security & Privacy, and Crime – all within three coverage groups: Management Liability, Professional Liability, and Crime. Policy limits can be shared among coverages or provided on a scheduled limit basis. Multi-coverage and package discounts are also available when more than one coverage or coverage group is purchased.

Additional Epack Extra coverage highlights include:

• Duty to defend form
• No threshold for coverage for newly-created or acquired entities or plans
• Consent to settle provision set at 80/20
• Pre-claim assistance for investigation costs related to reported circumstances
• Mediation provision which could reduce the policy retention by 50% or $10K
• Broad definitions of Claim, Loss and Insured Persons
• Additional features for qualifying risks

CNA also features Epack Extra EZ^®, an “easy” version of this product that is targeted to smaller companies. For more information on CNA’s Epack Extra or Epack Extra EZ, please visit www.cnapro.com.

Serving businesses and professionals since 1897, CNA is the country’s seventh largest commercial insurance writer and the 13^th largest property and casualty company. CNA’s insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products may not be available in all states. CNA is registered trademark of CNA Financial Corporation. For more information, please visit CNA at www.cna.com.

Source: CNA

CNA

Katrina W. Parker, 312/822-5167