Assurex Global Launches Real Estate and Construction Solutions with CNA

COLUMBUS, OHIO – Assurex Global, the world’s largest privately held commercial insurance, risk management and employee benefits brokerage group, announced a real estate insurance solution and a construction insurance solution with CNA for its United States Partners.

“The current environment continues to challenge businesses,” said Marshall Wunderlich, Executive Vice President, P&C, Assurex Global. “For the companies that qualify, these solutions provide best-in-class real estate and construction companies a better insurance option.”

Real Estate

The core appetite of this offering is designed for clients of all sizes who own or manage commercial properties in various classes, including office, light industrial, mixed use, and commercial property managers.

CNA has a broad portfolio of insurance solutions specialized to meet the needs of the real estate industry.  Assurex Global Partner firms have highly-skilled professionals in the real estate space who can deliver creative insurance and risk management solutions to help clients prevent and mitigate loss while also helping lower total cost of risk and protect assets through knowledge and advisement. This latest real estate solution provides clients a customized product offering, inclusive of Property, General Liability, Umbrella, Workers’ Compensation, Crime and Umbrella.

“The new real estate solution has already demonstrated value,” said Matthew Kahn, Executive Vice President and Real Estate Practice Leader at RCM&D, an Assurex Global Partner firm. “One of our clients, a large independent real estate asset management firm, benefited from our ability to bring this program to the table.”

Construction

CNA has more than 60 years of experience in the construction space, helping contractors and construction professionals meet the industry’s daily challenges, and Assurex Global Partner firms bring in-depth knowledge and specialization in construction insurance to help clients develop comprehensive risk-management programs.

“General contractors and subcontractors are seeking industry specific value and capacity that enable them to meet their contractual requirements,” said Dan Horton, CEO of The Horton Group, an Assurex Global Partner firm. “Our Construction Practice solved an issue for one of our large electrical contractors by utilizing this program.”

The new construction solution provides clients a customized product offering with an appetite focused within SIC 15, 16, and 17 for commercial contractors.

“CNA is proud to work alongside Assurex, bringing industry-leading solutions to businesses in both real estate and construction,” said Kevin Leidwinger, President & Chief Operating Officer at CNA Commercial. “It is important to recognize the increasing risks that businesses are facing today, and these solutions will help protect the firms’ investments and bottom line.”

Assurex Global is currently working on a multitude of additional solutions and programs that can help drive growth in its Partners firms.  

Assurex Global (www.assurexglobal.com) is the world’s largest privately held property and casualty insurance, risk management, and employee benefits brokerage group. The company operates as an exclusive partnership, supported by more than 100 of the most respected and successful global insurance broker members. 

About CNA     

CNA is one of the largest U.S. commercial property and casualty insurance companies. CNA provides a broad range of standard and specialized property and casualty insurance products and services for businesses and professionals in the U.S., Canada and Europe, backed by more than 120 years of experience and approximately $45 billion of invested assets. For more information, please visit CNA at www.cna.com.