Aon's MGA To Offer CNA Bank Coverage
NU Online News Service, June 29, 4:20 p.m. EDT?Scarborough, a managing general agency subsidiary of Chicago-based insurance broker Aon Corp., has entered into a business relationship with the insurance carrier CNA, also based in Chicago.[@@]
Scarborough, with more than 85 years experience as an MGA serving the financial institution industry, specializes in coverage tailored to commercial banks and lending institutions. It provides property-casualty and professional lines coverage for institutions of all asset sizes.
Under the new relationship agreement with CNA, Scarborough will offer property, general liability, commercial auto, workers' compensation and umbrella on a specialized form. Terms of the agreement were not made public
The product offerings will be called Scarborough Premier. They will be offered throughout the U.S. to institutions of all asset sizes meeting program eligibility. The institutions would include commercial banks, savings banks, savings and loan associations, and thrifts and loan companies.
More information is available through Cindy Santore, director of underwriting for Scarborough's property-casualty program (312) 381-3759.
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