TORONTO--(BUSINESS WIRE)--CNA, a global business insurer, announced today that they are using CargoNet and the National Equipment Register (NER) — two national information sharing systems designed to help policyholders combat the growing problems of cargo and heavy equipment theft. CargoNet and NER are divisions of Verisk Crime Analytics.
By using CargoNet and NER’s products and services, CNA leads the insurance industry in a national initiative centered on secure information sharing, loss prevention services, education and training, and investigative support. CNA Canada also offers benefits and savings directly to insureds, including preferential pricing and a deductible waiver of up to $10,000 per loss resulting from the theft.
“It’s widely known that collaborative information sharing is important to fighting both cargo and heavy equipment theft,” said David Shillingford, president of Verisk Crime Analytics. “We wouldn’t have been able to roll these systems out in Canada without the support of forward-thinking companies like CNA.”
“CNA Canada is proud to be a founding member of this initiative,” said Gary Owcar, president and chief operating officer of CNA Canada. “We’ve been a long time supporter of NER and CargoNet in the United States, and are excited to join forces with them to prevent construction and cargo theft in Canada.”
CargoNet and NER help prevent theft and improve recovery rates through secure information sharing and collaboration among theft victims, their business partners and law enforcement. Both solutions are centered on secure national databases and information-sharing platforms managed by crime analysts and subject-matter experts. Powerful analytical tools also allow the aggregate data to be analyzed to show and predict theft trends to support loss prevention and investigations. CargoNet and NER are supported in Canada by MSA Research, Inc.
About CNA Canada
Serving businesses and professionals since 1897, CNA is North America’s seventh largest commercial insurance writer and the 13th largest property and casualty insurance company. CNA's insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include underwriting, risk control and claims administration. 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 provinces and may be subject to change without notice. CNA is a registered trademark of CNA Financial Corporation. For more information, please visit CNA at www.cnacanada.ca.
About CargoNet
A division of the Verisk Crime Analytics unit at Verisk Analytics (Nasdaq:VRSK), CargoNet® helps prevent cargo theft and improve recovery rates through secure and controlled information collection among theft victims, their business partners, and sharing crime information with law enforcement. CargoNet is centered on a national database and information sharing system managed by crime analysts and subject matter experts. By applying a synchronized, layered approach, CargoNet exploits the weaknesses of cargo thieves at multiple points. CargoNet offers integrated databases, a theft alert system, task force and investigations support, a tractor/trailer theft deterrence program, and the TruckStopWatch program®. CargoNet also provides driver education and incentives, secondary market monitoring and interdictions, crime trend analysis and loss control services, and training. More information on CargoNet can be found at www.cargonet.com.
About National Equipment Register
A division of the Verisk Crime Analytics unit at Verisk Analytics (Nasdaq:VRSK), National Equipment Register (NER) helps equipment owners manage equipment risks. Since 2001, NER has helped thousands of equipment owners and their insurers deter theft and has enabled law enforcement to recover millions of dollars of stolen equipment through HELPtech®, a national equipment marking and registration program. In 2009, NER launched IRONcheck®, a machine-history search for used-equipment buyers. In 2011, NER launched IRONwatchTM, a no-monthly-fee GPS tracking and recovery device for mobile assets. NER’s data management skills and equipment expertise are also used by fleets to support compliance with new regulations. For more information, contact NER at 201-469-2030 or at info@nerusa.com. You can visit the NER website at www.NER.net.
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