CNA has been selected as the endorsed insurance carrier for the Arkansas Bankers Association(ABA),the largest and oldest banking industry organization in Arkansas,from 01 May 2012.
According to the company,the selection is based on its ability to handle the full spectrum of insurance needs for ABA members,together with strong presence in the national market.
CNA Underwriting assistant vice president Mark Tomlinson said:"CNA has a long history of understanding the insurance needs of banks of all sizes,and is proud to be named the endorsed insurance carrier for the Arkansas Bankers Association."
CNA's essential coverages for financial institutions includes directors&officers,bankers professional liability,lender liability,employment practices liability,fiduciary liability,property&casualty,cyber liability/information risk,and fidelity bond.
In addition,the company also provides a localized,dedicated customer service team,including claim professionals who are highly experienced in managing financial institutions claims.
Founded in 1891,ABA comprises of more than 195 banks,bank holding companies,and savings&loan institutions.