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CNA Chosen as Exclusive, Endorsed Professional Liability Insurance Carrier for Pennsylvania Bar Association

04/03/2013

CHICAGO--(BUSINESS WIRE)-- CNA today announced that with the recommendation of USI Affinity, it was chosen as the exclusive, endorsed professional liability (PL) insurance carrier by the Pennsylvania Bar Association (PBA). USI Affinity is CNA’s exclusive PL distribution partner in the state of Pennsylvania.

As the market leader in professional liability insurance, CNA was selected because of its proven track record and superior underwriting, claim, risk, ease of doing business and actuarial expertise, especially when compared to CNA’s competitors. The PBA supports more than 28,000 lawyers by equipping them with benefits, services and information they need to successfully practice law in Pennsylvania.

“What we have developed with USI Affinity and CNA is a truly world-class, industry-leading program and one that is worthy of the PBA and PBA members,” said Barry M. Simpson, Esq., Pennsylvania Bar Association Executive Director. “We are confident that the new professional liability insurance policy is better than what we have been offering, and in some areas significantly so.”

“This win reinforces the fact that CNA is the clear market of choice for lawyers’ professional liability insurance. Uncovering the needs of the PBA and crafting solutions through our product and service offerings played a significant role in acquiring the PBA endorsement. CNA is very excited about the new business opportunities in PA and looks forward to working with the PBA and expanding further its relationship with USI,” said Mike Furlong, Vice President, Underwriting, CNA.

Only CNA delivers the unique combination of financial strength, industry-leading experience and a broad product portfolio that spans professional liability and other coverages relevant to the legal field including a small business owners package, cyber liability, property, commercial general liability, worker’s compensation, commercial auto, employment practices liability, fidelity/commercial crime and directors & officers options. Additionally, CNA offers a localized, dedicated customer service team – including risk control and claim professionals who are highly experienced in managing risks and claims involving the legal field. For more information on CNA products and services for lawyers, please visit www.cna.com/professionalservices.

About the Pennsylvania Bar Association

Founded in 1895, the Pennsylvania Bar Association strives to promote justice, professional excellence and respect for the law; improve public understanding of the legal system; facilitate access to legal services; and serve the 28,000 lawyers who are members of the association.

About USI Affinity

For more than 60 years, USI Affinity has developed and administered insurance and financial programs that offer law firms unique advantages in coverage, price and service. As the endorsed broker of many state and local bar associations, and with more than 30,000 attorneys insured, USI Affinity has the experience and know-how to navigate the marketplace and design the most comprehensive and innovative insurance and benefits packages, including optimal Lawyers Professional Liability coverage, to fit a firm’s individual needs. For more information, visit USI Affinity's Web site at www.usiaffinity.com.

About CNA

Serving businesses and professionals since 1897, CNA is the country’s seventh largest commercial insurance writer and the 13th 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. For more information, please visit CNA at www.cna.com."CNA" is a service mark registered by CNA Financial Corporation with the United States Patent and Trademark Office. Certain CNA Financial Corporation subsidiaries use the "CNA" service mark in connection with insurance underwriting and claims activities.

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Source: CNA

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