The insurer expands its offerings and now provides coverage for water well drilling contractors.
CNA, the country’s seventh largest commercial insurance
writer and the 13th largest property and casualty company, has
expanded its offerings. Through its Building Equipment Installation and Repair
(BEAR) program, CNA is targeting drillers in low- to moderate-risk industries, as
well as building equipment installation, dismantling and repair contractors.
“We’ve been successfully insuring contractors for more than
60 years, and our BEAR program enables us to meet the insurance needs of the
millwright and water well drilling industry through the development of
coverages designed specifically for this segment,” says John Tatum, vice
president of CNA’s Construction segment.
CNA’s BEAR program is targeted to accounts with at least $2
million in total revenue and nine or more employees. Eligible operations
include water well drilling, as well as some other construction-based
CNA will offer its full portfolio of coverage options,
including, but not limited to general liability, workers’ compensation,
property/inland marine and automobile coverage. In addition, CNA has developed
enhanced coverages for this program, such as General Liability Extension
Endorsement and Riggers Liability. Combining these products with underwriting,
risk control and claim services should allow CNA to offer customized solutions.
For a list of the company’s insurance solutions, call
800-CNA-6241 or visit www.cna.com.
CNA Introduces Program for Water Well Drilling Contractors
May 15, 2008