CNA Canada launches new package policy for manufacturing industry

Commercial insurance writer CNA Canada has launched a new manufacturing package policy called oneworld, which includes features such as Product Recall with Loss of Profits, Manufacturer’s E&O, Contingent Business Interruption, and coverage for Research and Development activities, among others.

“Manufacturers today face many different types and levels of risk, like product recalls, supply chain risks and third party exposures due to increased outsourcing,” Gary Owcar, president and COO of CNA Canada said in a press release this week.

“Our oneworld Manufacturing policy was designed to provide the most comprehensive international commercial insurance coverage possible to help meet the evolving risks of the manufacturing industry.”

The CNA oneworld Manufacturing package provides insurance solutions for a variety of manufacturers including:

• Metal
• Commercial and Industrial Machinery
• Commercial Electric Equipment and Appliances
• Technology
• Food Processors
• Plastic and Rubber
• Non-Hazardous Chemical Manufacturers
• Finished Wood Products
• Minerals (Concrete, Stone, Glass, Clay)
• Paper and Printing

The new package is available across Canada through CNA offices located in Toronto, Montreal, Vancouver, Calgary and Winnipeg. All coverages are backed by CNA’s risk control resources and claim service.