Simple Choice Powerful Coverage CNA Equipment Maintenance Program





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Simple Choice. Powerful Coverage. CNA Equipment Maintenance Program
2 Expertise & Partnership Serving businesses and professionals since 1897, CNA is the country’s eighth largest commercial insurance writer and the 14 th largest property and casualty company. CNA’s insurance products include 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. The Warranty division of CNA in strategic alliance with Remi®, a leading equipment maintenance and asset management provider, offers a program to manage the risk of equipment maintenance and repair. As third party administrator for the program, our partnership with Remi® provides risk analysis and pricing, engineering and loss control services, parts sourcing, administrative services and processing of service reports and corresponding invoices, vendor payment, online system access (equipment schedule, maintenance history, custom reports), IT services as needed (data exchange, custom reports, other). There is no other program available in the marketplace today that provides a hybrid flexible solution for clients to control their equipment maintenance management and lays the foundation for both immediate and increasing cost savings in the future. Through CNA and our partnership with Remi®, our clients receive an unprecedented level of industry experience and technical expertise that few can rival. Our team is comprised of seasoned maintenance management professionals, risk transfer specialists, and equipment technical experts. This unique blend of expertise enables us to provide organizations with a team of highly respected professionals that not only understand your equipment maintenance needs, but have the tested know-how to deliver proven solutions.
3 Program Highlights The CNA Equipment Maintenance Program consolidates your maintenance agreements under a single agreement to simplify the management of your assets and save you money. Benefits include one renewal and billing date, consistent terms and conditions, and an online portal to manage historical preventative and corrective maintenance and repair records. CNA’s Equipment Maintenance Program saves your facility money without impacting coverage: • Reduces your equipment manufacturer maintenance agreement spend by 15 -22% • Provides comparable coverage to the Original Equipment Manufacturer maintenance agreements (covers labor, parts, travel, and tax for preventative and corrective maintenance service) • Offers additional coverages and services not found in the Original Equipment Manufacturer maintenance agreements, such as overtime standard rates or choice of service provider or risk management services CNA’s Equipment Maintenance Program provides a more efficient approach to asset management: • Creates efficiencies by replacing dozens, or even hundreds, of Original Equipment Manufacturer single maintenance agreements • Provides an online portal to track maintenance history, asset inventory, program savings, and much more • Offers one phone number to call for service regardless of equipment type or service provider • Provides capability to add/delete equipment at any time, prorated to the day • Allows for flexibility to review or adjust service terms more frequently with annual contract terms, versus longer Original Equipment Manufacturer maintenance agreements
4 Program Highlights CNA Equipment Maintenance Program provides contract evaluation: • We evaluate current vendor service agreements at no cost to you to ensure that equipment service levels, hours of coverage, coverage limitations, and total cost are consistent with industry best practices. • Upon completion of analysis, we recommend the most cost-effective service option on a per asset basis. This process ensures service quality and equipment uptime while achieving the best return for the equipment maintenance budget. CNA Equipment Maintenance Program provides vendor management & risk management: • We will primarily utilize the facility’s chosen service vendors, including the manufacturer, or the best qualified alternative service vendors available. • We work with over 2, 000 service vendors nationally and internationally. All service vendors utilized by our program are evaluated to ensure that each operates ethically, performs quality workmanship, communicates openly, and consistently delivers what is required. • Our Engineering Department is available 24 x 7 for consultation and support on all maintenance and program issues. Risk Engineering is also an available resource for equipment that is not part of the program: o engineering and loss control services o parts sourcing
5 Key Benefits • Guaranteed Cost Savings: 15%-22% compared to current maintenance contracts. • Consolidation: Maintenance management for multiple types of equipment under one comprehensive portfolio agreement with ease to remove and add equipment as needed. Equipment is added as current contracts expire. • Administrative Relief: Consolidation of service agreements will reduce time spent administering individual service agreements through the manufacturers and other service providers. • Guaranteed Budget: Risk transfer provides a fixed annual cost for maintenance. • Service Vendor of Choice: Most times use current service provider. • Flexibility: Customized billing options, coverage levels, service delivery, reporting and solutions. • Enhanced Service Delivery: Option to call service providers directly or simply call the dispatch center for all repair needs on any program assets. • Management Reporting: Online asset inventory, equipment performance, vendor utilization, and more. • Risk Management Services