CNA E&S Grows Railroad Business Through Agreement With CIGNA

CNA E&S says it has developed a quota-share treaty agreement whereby CNA E&S (through Continental Casualty Co., a CNA company) will assume responsibility for CIGNA's in-force book of railroad business.

CNA E&S will be offering quotations, upon expiration, to all of the CIGNA railroad customers. This will entitle the CIGNA railroad customers access to all of CNA E&S' value-added services and specialized claims handling.

"We at CNA E&S dedicate ourselves to satisfying the unique insurance requirements of the rail industry through a combination of specialized underwriting expertise, claims management, and loss control services," says Rich Aldorisio, senior vice president, CNA E&S. "We look forward to providing our value-added products and services to our new customers. The concept of value-added services is an important component of the CNA E&S philosophy as well as the CNA mission."

"We are pleased to be able to offer our long-term rail customers the opportunity to work with a quality organization like CNA," says David Duclos, senior vice president special programs for CIGNA. "We've had a good run for the past 25 years in the railroad business and we are now ready to provide a conduit to our customers to renew their policies with an organization that has demonstrated a long-term commitment to the railroad industry."

According to CIGNA officials, this new arrangement allows the company to strategically allocate its resources into its core businesses where it holds significant market position and serve its customers in these areas more effectively. This move makes CNA the single, longest running insurance writer for the railroad industry, further cementing its dedication to the industry.