Commercial insurer continues "winning company" strategies with extended geographic reach.
CNA Financial Corporation (NYSE: CNA) announced the official opening of its newest branch office in Washington, D.C. The new D.C. branch continues CNA's "winning company" strategy announced in 2009 by extending the global business insurer's geographic footprint and enabling closer proximity to its agents, brokers and customers.
"We are fortunate to be among the few businesses that are meeting the challenge of this economic environment by opening new doors and expanding employment opportunities within our industry," said Tom Motamed, chairman and chief executive officer, CNA. "Our new D.C. branch will enable CNA to penetrate the capital's robust market and diverse industries, particularly in our key areas of expertise such as Technology, Education, Real Estate, Manufacturing & Distribution, and Business/Professional Services."
George Agyen, Mid-Atlantic Zone officer, will lead the Washington, D.C. branch office, located at 2020 K Street, NW, Washington, D.C. 20006. This year, additional new branch offices include Los Angeles and Birmingham, AL. For additional details or more information, please visit www.cna.com.
Serving businesses and professionals since 1897, CNA is the country's seventh largest commercial insurance writer and the 13th largest property and casualty company. CNA's insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. For more information, please visit CNA at www.cna.com. CNA is a registered trademark of CNA Financial Corporation.
FORWARD-LOOKING STATEMENT
This press release may include statements which relate to anticipated future events (forward-looking statements) rather than actual present conditions or historical events. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and generally include words such as "believes", "expects", "intends", "anticipates", "estimates", and similar expressions. Forward-looking statements, by their nature, are subject to a variety of inherent risks and uncertainties that could cause actual results to differ materially from the results projected. Many of these risks and uncertainties cannot be controlled by CNA. For a detailed description of these risks and uncertainties please refer to CNA's filings with the Securities and Exchange Commission, available at www.cna.com.
Any forward-looking statements made in this press release are made by CNA as of the date of this press release. Further, CNA does not have any obligation to update or revise any forward-looking statement contained in this press release, even if CNA's expectations or any related events, conditions or circumstances change.
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Contacts:
CNA Financial Corporation
Katrina Parker, 312/822-5167