We provide deep expertise, attentive service and tailored business insurance solutions to help manage exposures and minimize loss across a wide array of industries.
Our wide range of business insurance products and solutions are specialized to meet a variety of insurance and risk management needs for businesses of all sizes.
With an average of more than 20 years of experience, CNA Risk Control professionals drive a program of systematic, sustainable risk control solutions designed to increase productivity and help protect your bottom line.
We provide deep expertise, attentive service and tailored business insurance solutions to help manage exposures and minimize loss across a wide array of industries.
Our wide range of business insurance products and solutions are specialized to meet a variety of insurance and risk management needs for businesses of all sizes.
With an average of more than 20 years of experience, CNA Risk Control professionals drive a program of systematic, sustainable risk control solutions designed to increase productivity and help protect your bottom line.
CNA's Krista Clair featured in Insurance Business Canada
In an article published by Insurance Business Canada, CNA's Krista Clair discusses the changes in the casualty insurance space and the importance of remaining flexible.
The casualty insurance marketplace in Canada has experienced some considerable changes over the past few years – and businesses are starting to feel the strain.
Volatile underwriting results and deteriorating loss ratios across casualty lines have caused a general hardening in the marketplace. Many carriers have raised their rates and have started to increase their insured retentions for loss-impacted casualty lines. Underwriters have adjusted their risk appetites and are paying more attention to latent, severe, and systemic exposures, and, in general, insurers are managing their capacity more rigorously than perhaps they have done in softer markets.
“Lots of insurance companies are reducing the amount of capacity they’re willing to provide on any one risk,” said Krista Clair, AVP, Underwriting, CNA. At CNA, we’ve set up a risk management group that can provide excess/umbrella coverage to help insureds fill gaps in their liability towers driven by these market changes.”
canadacontent/SA-Canada_en/SA-AboutCNA/SA-Newsroom/SA-InTheNews/krista-clair-featured-in-insurance-business-canadaCNA's Krista Clair featured in Insurance Business Canada