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History. Continental Assurance Company of North America was founded in Detroit in 1897.

Management liability, also known as directors and officers' insurance, includes extra coverage for the individual directors or officers of a business for their official company actions.

Management and professional liability insurance is designed to protect you and your business against the potentially devastating costs of those exposures. Without adequate insurance protection, your clients, your reputation, your company and even your personal assets may be at risk.

Management Liability Coverage Management Liability Insurance covers exposures faced by directors, officers, managers and business entities. It includes Directors and Officers (D&O) liability insurance, Employment Practices Liability (EPL) insurance, Fiduciary Liability insurance and Crime Insurance.

Professional liability insurance, also known as errors and omissions insurance, helps protect your business if your client claims financial damages from the professional service that you provide.

Professional Liability can cover all employees or specifically named employees depending on your industry and the type of policy you get. Inversely, Management liability only covers directors and officers – it does not extend to the rest of your staff.

CNA Insurance has 6,700 employees, and the revenue per employee ratio is $1,397,910. CNA Insurance peak revenue was $9.4B in 2021.