CNA Opens Branch Office in Chicago

Sat. October 31, 2009; Posted: 11:21 PM

Oct 31, 2009 (Close-Up Media via COMTEX) -- CNA | Quote | Chart | News | PowerRating -- CNA Financial Corp. announced the official opening of its newest branch office: Chicago.

Located in downtown's "South Loop," CNA said the new Chicago branch continues the company's "winning company" strategy announced earlier this year by extending the global business insurer's geographic footprint and enabling closer proximity to its agents, brokers and customers.

"In this challenging economic environment, we are fortunate to be among the few businesses that are opening new doors and expanding employment opportunities within our industry," said Tom Motamed, chairman and chief executive officer, CNA. "Our new Chicago branch will allow us to better connect with our agents and brokers to, ultimately, better serve our customers."

"The new branch also enables CNA to penetrate Chicago'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," Motamed continued.

In addition, CNA will add resources and point-of-sale authority in this location and its nearby Lombard office. Steve Wachtel, senior vice president, Northern Zone, will lead the Chicago office.

CNA's Chicago branch is located at 333 S. Wabash, Chicago, IL, 60604, also the site of its Home Office headquarters. Over the next 12 months, additional new branch offices are scheduled to open in Los Angeles, Washington, D.C., Baltimore and upstate New York.

CNA is a commercial insurance writer and property and casualty company.

More Information: www.cna.com.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

For full details on CNA Financial Corporation (CNA) click here. CNA Financial Corporation (CNA) has Short Term PowerRatings of 6. Details on CNA Financial Corporation (CNA) Short Term PowerRatings is available at This Link.

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