IN THE NEWS

In an article published by Insurance Business Canada, CNA's Chris Horgan and Ashley Quinn discuss the risk management needs in the middle market space and how Oneworld+ is a bespoke solution.

From the COVID-19 pandemic to the global economic recession, heightened political tensions, supply chain disruptions, extreme weather events, and the worldwide explosion in cyber and technology risk – the list of exposures that middle market businesses in Canada must contend with is growing ever more complex.

As a result, middle market businesses are demanding global insurance solutions and creatively tailored products capable of responding to their unique risks. They’re seeking depth of expertise across a range of different coverages, but at the same time, many want the ease and convenience of a package insurance solution that comes with value-added services like risk control, digital solutions, legal counsel, and a next-level claims service.

To meet these needs and more, CNA launched Oneworld+^® - a suite of bespoke package products, designed specifically for middle-market clients in the industry segments of: manufacturing, construction, oil & gas, real estate, financial institutions, technology, healthcare and transportation. Core coverages available via Oneworld+^® include: property, commercial general liability, voluntary workers’ compensation and employers liability, crime, directors & officers, business income, equipment breakdown, inland marine, and umbrella – plus additional distinctive coverages for unique business needs.

“CNA’s Oneworld+^® is a suite of products designed to meet the commercial insurance needs of middle-market enterprises,” said Chris Horgan, AVP, property at CNA Insurance. “It has modern and competitive wordings, plus built-in coverage extensions tailored to industry-specific needs. The coverage is worldwide, with difference in conditions (DIC) and difference in limits (DIL) coverage built-in, and is supported by a global unit that can respond to claims in any country around the world.

For more information and personal insights, read the full feature: ‘CNA’s Oneworld+ delivers distinctive coverages for middle-market clients’ published in Insurance Business Canada.

Published article: HERE