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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CNA
Jennifer Martinez, 312-822-5167
or
Sarah Pang,
312-822-6394
Source: CNA