CNA signs agency deal with broker network Movo
US commercial property and casualty insurer CNA has signed an agency deal with broker network Movo, joining its panel of capacity providers including Travelers, Aviva, AXA, Zurich, Hiscox, RSA and AIG, among others.
As part of the delegated authority arrangement, Movo’s 60 AR broker members will now have access to all of CNA’s products via Acturis. CNA provides a broad range of standard and specialised insurance products and services for businesses and professionals in the US, Canada and Europe.
Launched in 2019, Movo currently has 60 AR broker members, 39 staff and writes in excess of £55 million GWP.
Lea Cheesbrough, managing director of Movo Partnership, said: “We are delighted to add CNA to the roster of insurers that support our network. We know that it is a privilege to be afforded delegated authority in the current hard market. It is a real vote of confidence in Movo as a Principal and in our members as brokers that want access to quality paper and broad product choice for their clients.
"At Movo all broking is done directly between our members and underwriters. No one knows the risks like the client facing broker. Insurers benefit by understanding the risk better and being more in control, whilst our brokers enjoy better terms. We welcome CNA to the network and look forward to developing a long and fruitful close working relationship with them.”
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