TORONTO, November 29, 2022 — 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.

Follow CNA Canada on: LinkedIn

Follow CNA on: Twitter | LinkedIn  

# # #

Press Contact
 
Lynn Lafortune

CNA Canada

Lynn.Lafortune@cna.com

647-669-4136