IN THE NEWS

In an article published by Insurance Business Canada, CNA’s Luisa Miele and Sonia Santana, discuss how Oneworld+® is a simple solution for complex risks.

The commercial risk landscape is always changing – and so are businesses’ risk management needs and concerns. From the COVID-19 pandemic to global trade and economic challenges, social and political tensions, and more technology risk than ever before – the list of exposures that Canadian businesses must face are growing more and more complex.

To help businesses operate in a moderate to high risk environment, CNA created Oneworld+®, a suite of bespoke package products tailored to specific market segments, including: manufacturing, construction, oil & gas, real estate, financial institutions, technology, healthcare and transportation.

CNA’s Oneworld+® is designed to meet the commercial insurance needs of Canadian enterprises with modern and competitive policy wordings, and built-in coverage extensions tailored to industry-specific needs. It provides standard core coverages, such as 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.

The package solution also caters to more complex risks that are missing solutions in the standard property and casualty (P&C) market, and it can cover insureds worldwide, with built-in difference in conditions (DIC) and difference in limits (DIL) coverage.

For more information and personal insights, read the full feature: ‘Managing Complex Commercial Risks With CNA’s Oneworld+®’ published in Insurance Business Canada.