In an article published by Insurance Business Canada, CNA’s Luke Sampson, discusses the changes faced by Canadian manufacturers as the global economy reopens and how the Oneworld+® package is designed as a distinct coverage solution.

The COVID-19 pandemic has shone a spotlight on several vulnerabilities in the manufacturing sector - in particular, the increasingly globalized nature of the supply chain and the fragility of that supply chain in the instance of mass disruption.

As the global economy slowly reopens, Canadian manufacturers are focused on shoring up their supply chains and improving their business continuity planning so they can continue to operate as efficiently as possible in the event of another global pandemic or future crisis.

To help Canadian manufacturers navigate ongoing COVID challenges and position their businesses for success in a post-pandemic world, CNA offers Oneworld+® Manufacturing - a package solution designed and tailored to meet the complex challenges and threats that manufacturing businesses face today.

“CNA’s Oneworld+® Manufacturing provides a distinct coverage solution for all manufacturers regardless of size, from small to mid-size producers up to the large multinational corporations,” said Luke Sampson, underwriting specialist – manufacturing, CNA. “From a property perspective, Oneworld+® provides built-in extensions specific for manufacturing risks, including contingent business income research and development expenses, off-premises power, and contractual penalties for late delivery of products due to a covered cause of loss. 

For more information and personal insights, read the full feature: ‘CNA’s unique package solution for Canadian manufacturers’ published in Insurance Business Canada.

Published article: HERE