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CNA Adds Private College and Universities to Its Middle Market Focus Class Initiative

 

Friday, Aug 21,2009, 9:00:05 PM   Click:

CHICAGO--(BUSINESS WIRE)-- CNA recently announced plans to grow in the Education industry by adding private colleges and universities to its Middle Market focus classes. The announcement supports the global insurer's strategy - which launched last year - to grow and develop Middle Market business with the introduction of focus classes in commercial real estate, wholesale distribution and business services along with related coverage and service enhancements.

"This focus class further positions CNA as a competitive solution for educational risks," said Tony de Padua, senior vice president of Commercial Segments, CNA. "We are proud to offer our expertise with tailored coverages and services offerings."

Targeting nonprofit private colleges and universities with fewer than 10,000 students, CNA's insurance solution for this focus class features tailored coverages such as Management, Employment Practice and Educators' Liability; Education Extension Endorsement; Foreign Study with CNA Passport®; and Cyber Liability with CNA NetProtect 360SM. CNA also offers industry-leading risk control and claim services for educational institutions. To learn more, visit www.cna.com/education.

Focus classes are one of the ways in which CNA is showing its commitment to Middle Market growth. Agents can also anticipate sales support, competitive pricing, as well as all of the outstanding products and services they have come to expect from CNA. In addition, CNA continues to offer agents enhanced commissions for new package policies written in these Middle Market focus classes.

CNA Middle Market accounts are generally defined as businesses with annual revenues in excess of $20 million that meet CNA underwriting guidelines, which are individually underwritten through the local branch offices. For more information on CNA Middle Market focus classes or related products and services, contact your agent or local CNA Branch; or visit www.cna.com.

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. 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 a service mark registered with the United States Patent and Trademark Office.

FORWARD-LOOKING STATEMENT

This press release includes statements which relate to anticipated future events (forward-looking statements) rather than actual present conditions or historical events. You can identify forward-looking statements because generally they include words such as "believes", "expects", "intends", "anticipates", "estimates", and similar expressions. Forward-looking statements, by their nature, are subject to a variety of inherent risks and uncertainties that could cause actual results to differ materially from the results projected. Many of these risks and uncertainties cannot be controlled by CNA. For a detailed description of these risks and uncertainties please refer to CNA's filings with the Securities and Exchange Commission, available at www.cna.com.

Any forward-looking statements made in this press release are made by CNA as of the date of this press release. CNA does not have any obligation to update or revise any forward-looking statement contained in this press release, even if CNA's expectations or any related events, conditions or circumstances change.





CNA

Katrina W. Parker, 312/822-5167

Source: CNA

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