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Insurance Company Saves Millions with Infrared!!$$

CNA Celebrates More Than $100 Million in Savings for Clients Through More Than 4,000 Infrared Testing Surveys
 
CHICAGO --- For many businesses, identifying building hot spots might mean pointing out lobbies or employee break rooms. But, for global insurer CNA, the identification of dangerously overheated places through infrared testing -- within a buildings electrical system or machinery means saving its clients millions of dollars in costs for repairs, property damage, energy costs, and business interruption.


CNA is one of the leading carriers providing infrared testing. In collaboration with FLIR Thermography of North Billerica MA, more than 75 of CNAs risk control employees have been trained to identify hot spots through a Thermography process which uses an infrared imaging and measurement camera to detect the amount of thermal energy an object or piece of machinery emits. While infrared testing survey costs are estimated at $2,000 or more, CNA provides these surveys every one to three years as necessary at no extra cost to its property/casualty and boiler/machinery insured clients at facilities with $10 million or greater in total insured value.
"The immediate and long-term benefits of infrared testing ultimately translate into cost savings for our customers either directly or indirectly, said Bill Boyd, senior vice president of Risk Control, CNA. "Most plants or businesses have extremely reliable electrical systems that are often taken for granted. However, infrared testing has shown that what appears to be fine from the outside can be an expensive accident waiting to happen on the inside.
Since 2005, CNA has conducted over 4,000 infrared testing surveys resulting in more than $100 million in client savings and the following primary benefits:
  • Cost savings through the identification of low-cost, corrective actions versus costly, unscheduled emergency maintenance.
  • Prevention of lost productivity and major repairs which are typical following power failure/outages.
  • Efficient energy usage that can be reflected in bottom line reporting.
  • Protection of equipment, facilities, and employees.
For additional information about CNAs infrared testing surveys or other risk control services, visit www.cna.com/riskcontrol or call 866-262-0540. CNA Risk Control offers a wide range of services focusing on management accountability, cost drivers, and developing business solutions to help customers improve their bottom-line profit.

CNA is the countrys seventh largest commercial insurance writer and the 13th largest property and casualty company. CNAs insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverage’s. CNA's services include risk management, information services, underwriting, risk control and claims administration. Please remember that only the relevant insurance policy can provide the actual terms, coverage’s, 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.

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 CNAs 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 CNAs expectations or any related events, conditions or circumstances change.

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