CNA, a commercial insurance writer, has launched its new Building Equipment Installation and Repair program.
Through its Building Equipment Installation and Repair (BEAR) program, CNA is targeting a range of building equipment installation, dismantling and repair contractors as well as drillers in low- to moderate-risk industries.
CNA’s BEAR program is targeted to accounts with at least $2 million in total revenue and nine or more employees.
Eligible operations include: installation of conveyor systems, dumbwaiters, dust collecting equipment, incinerators and tube systems; dismantling of machinery and other industrial equipment; limited steel erection for testing equipment for the production process; millwrights and water well drilling.
John Tatum, vice president of construction segment at CNA, said: We’ve been successfully insuring contractors for more than 60 years and our BEAR program enables us to meet the insurance needs of the millwright and water well drilling industry through the development of coverages designed specifically for this segment.