TORONTO, Jan. 5, 2015 /PRNewswire/ -- CNA today announced that its $2.9 billion Specialty Lines business, which has market-leading positions in professional and management liability, financial and other specialized property and casualty insurance products and services, will begin offering specialty products in Canada effective January 1, 2015.
"This announcement represents our overall strategy to serve the unique and expanding needs of multinational customers. By tapping into the company's deep expertise and the strengths of our current products and services, we were able to create an insurance solution that is tailored specifically for Canada," said John Hennessy, president and chief operating officer, CNA Canada.
In Canada, CNA Specialty will begin accepting submissions for Management Liability and Professional Liability.
Coverage options are available for:
- Healthcare
- Directors & Officers (D&O) Liability
- Technology & Telecommunications Liability
- Employment Practices Liability (EPL)
- Fiduciary Liability
- Crime
- Miscellaneous Professional Liability
For more information, contact Michael O'Connor, vice president & chief underwriting officer, Specialty, at Michael.O'Connor@cna.com.
Serving businesses and professionals since 1897, CNA is North America's eighth 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. All products and services may not be available in all provinces and may be subject to change without notice. For more information, please visit CNA at www.cnacanada.ca. "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.
Follow CNA (NYSE: CNA) on: Facebook | Twitter | LinkedIn
CONTACT:
Jennifer Martinez, 312-822-5167
Sarah Pang, 312-822-6394
Tammye Daniels: 416-542-7336
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cna-expands-its-specialty-lines-business-to-serve-canada-300015605.html
SOURCE CNA