CNA Financial Corporation · Chicago, IL United States · (NYSE: CNA)
Company Description
More Companies in: Chicago, Illinois
More Companies in These Related Industries: Insurance Agencies & Brokerages, Life Insurance, Surety Insurance
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This link will open in a new window 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
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Key CNA Financial Corporation Financials
| Company Type | Public - NYSE: CNA Headquarters |
| Fiscal Year-End | December |
| 2009 Employees | 8,900 |
CNA Financial Corporation Executives
93 executives listed for CNA Financial Corporation's Chicago, IL location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Thomas Motamed | |
| EVP and CFO | D. Craig Mense | |
| SVP and CIO | Ray Oral |
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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