CHICAGO, October 23, 2014 —Today CNA
Warranty announced a strategic alliance with Remi®, a leading equipment
maintenance and asset management program service provider. CNA plans to expand
their broad portfolio of insurance products and coverages to now offer a
program to manage the risk of equipment maintenance and repair.
The new
program, CNA Equipment Maintenance Program (EMP) with client service powered by
Remi, provides a unique alternative to traditional equipment maintenance
agreements offered by original equipment manufacturers (OEM). The program
consolidates all extended equipment maintenance agreements under one agreement,
offering one renewal and billing date, consistent terms and conditions, and an
online portal to manage maintenance histories. Clients are expected to save an
average of 10-20% over purchasing individual agreements from the OEM.
The program
is ideal for organizations that purchase high-value equipment and incur
significant expenses on maintenance to extend the life of this equipment.
Eligible equipment types range from general office equipment to sophisticated
laboratory and medical equipment typically only covered by extended OEM service
agreements.
“We are
very excited to expand our product offerings to include this new program,” said
Brian Loebach, Senior Vice President, Warranty, CNA. “Remi has been an
established provider of equipment maintenance programs for over 15 years. Their
reputation compliments our deep expertise in the warranty business, and we are
confident this alliance will bring a best-in-class product to our customers.”
Dan Schuster, CEO, Remi, said, “We recognize CNA is one of the
largest warranty and service contract insurers in the U.S. Together, the
strengths of our two companies will make this product a win for all our
clients.”
For more
information on this new product offering, please contact Becky Alfieri at
(913)832-6258 or rebecca.alfieri@cna.com.