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CNA Financial Corporation · Chicago, IL United States ·(NYSE: CNA)

Company Description

333 S. Wabash
Chicago, IL
60604
United States (Map)
Phone: 312-822-5000
Fax: 312-822-6419
Toll Free: 800-262-2000
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    CNA Financial is the umbrella organization for a wide range of insurance providers, including Continental Casualty. The company primarily provides commercial coverage, with such standard offerings as workers' compensation, general and professional liability, and other products for businesses and institutions. CNA also sells specialty insurance including professional liability for doctors, lawyers, and architects, and vehicle warranty service contracts. The company also offers commercial surety bonds, risk and healthcare claims management, claims administration, and information services. Its products are sold by independent agents and brokers. Holding company Loews owns about 90% of CNA. To read the full description, subscribe now.

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    Key CNA Financial Corporation Financials

    Company TypePublic - NYSE: CNA

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$7,799.0
    2008 Employees9,000

    CNA Financial Corporation Executives

    35 executives listed for CNA Financial Corporation's Chicago, IL location.
    TitleName & BioContact
    Chairman and CEOThomas MotamedNetwork
    EVP and CFOD. Craig MenseNetwork
    EVP and CIOJohn GoldenNetwork

    Competition

    Competitive Landscape for CNA Financial Corporation
    Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
    Top CNA Financial Corporation Competitors
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