TORONTO, Nov. 29,
2022 /CNW/ -- Today, CNA Canada launches Asset
Managers Liability Solutions, designed with clients' evolving and
complex needs in mind, written with broad definitions and key
extensions, and backed by in-house claims professionals experienced
in handling complex claims.
The policy is available for new business quotes starting
December 1, 2022.
"With recent volatility in financial markets and Global economic
uncertainty, Asset Managers face unique challenges and risks," said
Abena Apraku, Assistant Vice
President, Underwriting Management Liability - Specialty Lines, CNA
Canada. "These uncertainties increase the need for coverage that
can be customized to fit their needs."
Asset Managers Liability Solutions offers five available
coverage parts to address the specific needs of businesses:
Investment Adviser Management Liability, Investment Adviser
Professional Liability, Fund Management and Professional Liability,
Employment Practices Liability and Fiduciary Liability. Asset
Managers Liability Solutions will help businesses effectively
address the abundance of risks that imperil financial service
professionals' ability to help their customers.
"Our primary solution offers flexibility for asset managers,
supported by our team of industry experts and claim specialists,"
said Jacqueline Detablan, Vice
President, Specialty.
For more information, visit cnacanada.ca.
About CNA Canada
In Canada, products and
services are provided by Continental Casualty Company, a leading
specialist commercial property and casualty insurance provider for
clients and brokers in all local geographies, backed by more than
100 years of experience. For more information, please visit
CNA Canada at www.cnacanada.ca.
CNA is one of the largest U.S. commercial property and casualty
insurance companies. Backed by more than 120 years of experience,
CNA provides a broad range of standard and specialized insurance
products and services for businesses and professionals in the U.S.,
Canada and Europe.
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Press Contact
Lynn Lafortune
CNA Canada
Lynn.Lafortune@cna.com
647-669-4136
SOURCE CNA Canada