Serving the risk management and commercial insurance needs of business. Cravens Warren, founded in 1946, has been serving the insurance needs of... read more
Back to ‹ Insurance News
CNA HealthPro Announces New Products/Professional Liability Coverage Forms
March 25, 2008 - CNA announces the latest innovation in medical product liability: its launch of one of the broadest insurance coverage portfolios in the marketplace. Industry leaders in the life science arena for nearly two decades, CNA’s HealthPro Advanced Medical Technology unit now provides a new generation of coverage for product liability along with products designed to address professional liability exposure. The new policy forms are clear and concise with broad coverage terms as well as additional highlights, including: circumstance reporting, a “related claims” provision, Advertising Injury/Personal Injury protection for clinical trials, dual coverage trigger for both Professional Liability and Products Work-Hazard Liability, and an automatic primary and non-contributory provision. “We have a strong commitment to the companies that develop and manufacture health care products. Thus, we are continually adapting our underwriting philosophies and coverages to meet their needs,” said Mark Wood, vice president, AMT. “Not only do our clients receive the expertise and broad coverages provided by our team, they also have access to other CNA insurance products and services, providing the necessary protection from claims and lawsuits from a variety of sources.” In addition to products and professional liability coverages, AMT provides other insurance products tailored to the life sciences industry, induding: Premises Liability, Property and Business Income, Workers’ Compensation and Umbrella liability policies. All are supported by a dedicated team of underwriters, claim professionals and risk control consultants. For details on these new coverage forms, which are available in all states, call 888-666-4776 or visit www.cna.com/healthpro. With more than $1 billion in gross written premium, CNA HealthPro is a national leader in liability insurance for the health care and life sciences industry. Dedicated underwriting, claim and risk control professionals provide HealthPro customers with the right products and services to achieve long-term prosperity and peace of mind. CNA is the country’s seventh largest commercial insurance writer and the 13th largest property and casualty company. CNA’s insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA services include risk management, information services, underwriting, risk control and claims administration. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products may not be available in all states. CNA is a service mark registered with the United States Patent and Trademark Office.