CNA Financial Corporation (CNH)

Overview

CNA Financial Corporation is a leading provider of commercial property and casualty insurance products, catering to clients both in the United States and internationally. With its inception dating back to 1853, the company has developed a broad portfolio of insurance products, designed to meet the diverse needs of its clients across various sectors. Operating through its Specialty, Commercial, International, Life & Group, and Corporate & Other segments, CNA offers comprehensive insurance solutions, underpinned by its commitment to exceptional risk management services. Headquartered in Chicago, Illinois, CNA Financial Corporation operates as a subsidiary of Loews Corporation, leveraging its extensive resources and expertise to deliver industry-leading insurance and risk management services.

Products and Services

CNA Financial Corporation’s array of insurance products and services is designed to cater to a wide range of professional and industry-specific needs, ensuring tailored coverage and risk management solutions. These include:

• Professional Liability Coverages: This suite of products offers protection to various professional firms such as architects, real estate agents, as well as accounting and law firms, covering risks associated with professional practices.
• Risk Management Services: Comprehensive services designed to help businesses identify, assess, and manage risks, thereby protecting their assets and reputation effectively.
• Directors and Officers, Employment Practices, and Fiduciary and Fidelity Coverages: Essential coverages for small and mid-size firms, public and privately held companies, and not-for-profit organizations, safeguarding against specific liabilities faced by their boards and employees.
• Cyber Coverages: Offers protection against the growing threats of cyber attacks, ensuring businesses are covered against data breaches, cyber theft, and other digital risks.
• Healthcare Industry Coverages: Professional and general liability insurance, along with associated casualty coverages, tailored for the healthcare industry to address its unique risks.
• Surety and Fidelity Bonds: These bonds provide a guarantee of performance or honesty, critical for businesses in securing contracts and safeguarding against losses from employee dishonesty.
• Warranty and Alternative Risks Products: Innovative insurance solutions that cover warranty risks and alternative risk scenarios, providing businesses with customized insurance options beyond traditional coverages.
• Property, Marine, Boiler, and Machinery Coverage: Comprehensive insurance products covering a wide range of physical assets from property damages, marine-related risks, equipment breakdowns, and more.
• Casualty Insurance Products: Including workers' compensation, general and product liability, commercial auto, umbrella, and excess and surplus coverages, offering broad protection against various liabilities.
• Specialized Loss-sensitive Insurance Programs: Tailored programs designed for businesses with specific insurance needs, offering flexible coverage options and total risk management services.
• Run-off Long Term Care Policies: Continued coverage for long-term care policies that are no longer offered but still in effect, providing ongoing protection for policyholders.