CNA Pro Introduces Its Investment Management Solutions Product.

CHICAGO -- The Open Brokerage unit of CNA Pro introduces a new management and professional liability product specifically tailored to address the unique D&O and E&O exposures of the financial/investment community. The Investment Management Solutionsproduct provides coverages which are targeted to hedge funds, mutual funds and investment advisors.

"A rapidly changing landscape has increased scrutiny of investment companies and, in turn, investment managers," said Tom Kocaj, vice president, CNA Specialty Lines. "We are developing a family of coverages designed to protect the financial and investment community from a wide range of liability exposures."

Coverage highlights for this initial product include:

* outside directorship coverage and defense costs;

* broad definitions of insured, loss and claim;

* worldwide coverage and non-cancellability;

* automatic coverage of estates, legal representatives and spouses; and

* flexible ERP (extended reporting period) option.

Investment Management Solutions is the latest enhancement in the evolution of the CNA Pro Open Brokerage's overall product suite. Prior efforts have included Side A coverage, Management Liability Solutions(an enhanced D&O form), and EPL Solutions. Further announcements scheduled in the investment and financial management area include management liability for private equity firms and real estate investment trusts.

For additional information, call your local agent or visit the website at http://www.cnapro.com/html/Our_Products/OurProducts_DO.html

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. CNA is a registered service mark, trade name and domain name of CNA Financial Corporation. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products may not be available in all states. CNA is a service mark registered with the United States Patent and Trademark Office.