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Home » Financial Services

CNA Financial Corporation – Enterprise Tech Ecosystem Series

CNA Financial Corporation (CNA) has been focusing on using artificial intelligence, cloud, data analytics, and blockchain to digitally transform its operations. The annual ICT spending of CNA was estimated at $459.0 million for 2021. A major share of this spending is earmarked for acquiring software, consulting, and hardware from vendors. CNA is an insurance holding company that offers commercial property and casualty insurance products. It offers insurance products for general liability, management liability, professional liability, directors and officers, workers’ compensation, marine, and business interruption. It also offers surety and fidelity bonds, and commercial auto insurance.

The CNA enterprise tech ecosystem report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. The information included in these reports is sourced from a mix of our very own internal database and authentic secondary research links such as the company’s annual report, presentations, press releases, etc. The report covers an overview of the company, its digital transformation strategies, technology focus areas, technology partnerships, technology introductions, and ICT spending among others.

Digital Transformation Strategies

CNA uses data analytics and modeling techniques to estimate and analyze loss trends, exposures, and other risks associated with its assets and liabilities. This includes proprietary and third-party modeled outputs and analysis that aids decision-making concerning pricing, underwriting, reserving, capital allocation, and reinsurance. CNA is also creating an internal team with individuals skilled in data analytics, modeling, and machine learning to enhance its underwriting expertise.

To gain more insights on the digital transformation strategies and initiatives of CNA, download a free report sample.

CNA Technology Theme Focus

CNA is utilizing a number of emerging technologies including artificial intelligence, cloud, and big data among others to boost operational efficiencies, improve product offerings, enhance the customer experience, and minimize risks.

CNA Technology Theme Focus

To know about other technology themes under focus for the company, download a free report sample

CNA Technology Initiatives

CNA has been involved in several strategic technology partnerships and collaborations, and technology developments and roll outs over the last few years. For instance, in 2019, the company partnered with Shift Technology to leverage its data science expertise in fraud detection.

For more insights on other technology initiatives of CNA, download a free report sample

CNA ICT Spend by Function

  • Data center
  • Communications
  • Network
  • Applications
  • End-user computing
  • Management
  • Service desk

CNA ICT Spend by Function

For more insights on ICT spending by function, download a free report sample

CNA ICT Spend by Channel

  • Internal development and maintenance
  • Technology vendors (direct)
  • Local resellers
  • Telcos
  • ICT services providers/consulting firms
  • Specialist outsourcers
  • Systems integrators

CNA ICT Spend by Channel

For more insights on ICT spending by channel, download a free report sample

CNA External ICT Spend by Segment

  • Software (including Cloud SaaS)
  • Hardware (including Cloud Iaas)
  • ICT services
  • Consulting
  • Network and communications
  • Others

CNA External ICT Spend by Segment

For more insights on external ICT spending by segment, download a free report sample

CNA Tech Ecosystem Overview

Total ICT Spending 2021 $459.0 million
ICT Spend by Function Data center, Communications, Network, Application, End-User Computing, Management, and Service desk
ICT Spend by Channel Internal development and maintenance, Technology vendors (direct), Local resellers, Telcos, ICT services providers/consulting firms, Specialist outsourcers, and Systems integrators
External ICT Spend by Segment Software (including cloud SaaS), Hardware (including cloud Iaas), ICT services, Consulting, Network and communications, and Others
Technology Theme Focus Artificial Intelligence, Cloud, and Big Data

This report provides:

  • Insight into CNA’s technology activities.
  • Overview of technology initiatives covering partnerships, and technology introductions.
  • Insights on each technology initiative including technology theme, objective, and benefits.
  • Details of estimated ICT budgets.

Reasons to Buy

  • Gain insights into CNA’s technology operations.
  • Gain insights into its technology strategies and innovation initiatives.
  • Gain insights into its technology themes under focus.
  • Gain insights into its various partnerships.

Key Players

Groove Health

Shift Technology

The Institutes RiskStream Collaborative

Atos

OPAQ

CyberArk

GamaSec

CyberCube

Hartford Steam Boiler

GreatCall

The Helper Bees

Persistent

Table of Contents

Table of Contents

Overview

Digital Transformation Strategy

Technology Focus

Technology Initiatives

Partnership Network Map

ICT Budget

Key Executives

Frequently Asked Questions

The annual ICT spending of CNA was estimated at $459.0 million in 2021.

 

 

 

 

 

The key ICT spending categories by function for CNA are communications, data center, network, applications, end-user computing, ICT service desk, and management.

The key ICT spending categories by channel for CNA are internal development and maintenance, technology vendors (direct), local resellers, telcos, ICT services providers/consulting firms, specialist outsourcers, and systems integrators.

The key external ICT spending categories by segment for CNA are ICT services, software (including cloud SaaS), hardware (including cloud IaaS), ICT services, network and communications, consulting, and others.

The key technological theme in focus for CNA are artificial intelligence, cloud, and big data.

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