One of the largest US property and casualty insurers, CNA, has announced their recent launch of CNA ComPass. A technology platform that allows CNA to write and manage local admitted placements, around the world with their network partners in real time.
CNA provide coverage for a wide range of international products and exposures including property, general liability, excess auto liability, workers’ compensation/employer liability, business travel accidental death and dismemberment, kidnap and ransom, management and professional liability, and more.
Kathleen Ellis, senior vice president of international solutions for CNA stated: “In today’s globalised business environment, success is increasingly sought outside a company’s own borders. While domestic insurance policies typically do not have the coverage to help address overseas events, international business coverage that follows a business and employees worldwide is critical. With 226 business partners in 164 countries around the globe, our strategic network allows us to service multinational organisations with complex local policy requirements more efficiently through CNA ComPass.”