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|CNA Select Risk Announces Investments in Its Transportation Unit|
CHICAGO, Apr 09, 2010 (BUSINESS WIRE) --CNA Select Risk - which includes Excess & Surplus business, as well as Wholesale Property accounts - announces new investments in its Transportation unit. Reinforcing a strategy announced last year to expand its underwriting appetite and identify new industry specializations to best meet the needs of CNA Select Risk customers, the Transportation unit features a newly-created Center of Excellence in Atlanta and a focus on innovatively writing new types of risks.
The Center of Excellence houses all transportation experts in one location, enabling the Transportation unit to maximize efficiencies and feature one point of contact for its distribution partners. The unit has also added five new, experienced transportation underwriters who each bring unique relationships and underwriting acumen to the team.
In addition, the unit is working to meet the needs of its distribution partners and clients by continuing to focus on a range of related risk opportunities such as specialty auto, public transportation and trucking. It is also writing new types of risks such as: Intermodal business, which covers short haul trucking between ports and other distribution points; and a new Limousine Program which targets small fleet limousine business countrywide.
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