CHICAGO, March 3 /PRNewswire-FirstCall/ -- Scarborough, a division of Financial and Professional Risk Solutions, Inc., announced that it has entered into a nationwide exclusive underwriting agreement with CNA, one of the nation's leading business insurers. Scarborough is exclusively underwriting on behalf of CNA all property and casualty lines of business for community banks with assets of less than $3 billion. Lines included within this exclusive underwriting agreement are Property, General Liability, Auto Liability, Workers Compensation, Umbrella, Mortgagee's E&O, Foreclosed Property, and Repossessed Auto.

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"We developed this program in response to market demands, and fully expect that it will allow us to better serve the overall insurance needs of the community banking segment," says Mark Tomlinson, managing director of Scarborough.

This new strategic alliance expands upon the existing underwriting agreement Scarborough enjoys with CNA for Fidelity and Management Liability lines for community banks nationwide.

"This arrangement aligns both organizations to focus on the community banking industry segment by providing a suite of products tailored to the exposures unique to such institutions," says Dan Fortin, senior vice president of Specialty Underwriting at CNA. "CNA has a strong presence in Specialty Lines, and we will continue to build on our history of initiative and innovation."

Scarborough, a managing agent serving community financial institutions for nearly 90 years, specializes in coverages tailored to community banks. Eligible institutions include Commercial Banks, Savings and Loan Associations, Credit Unions, and Savings Banks.

  Scarborough quotes exclusively through independent agents and brokers.

  About Scarborough

Scarborough, a division of Financial & Professional Risk Solutions Inc., is a managing agent serving the insurance needs of financial institutions nationwide and is a subsidiary of Aon Corporation.

About Aon

Aon Corporation (NYSE: AOC) is the leading global provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. Through its 43,000 professionals worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Our industry-leading global resources, technical expertise and industry knowledge are delivered locally through more than 500 offices in more than 120 countries. Aon was ranked by A.M. Best as the number one global insurance brokerage in 2007 based on brokerage revenues, and voted best insurance intermediary, best reinsurance intermediary, and best employee benefits consulting firm in 2007 by the readers of Business Insurance. For more information on Aon, log onto http://www.aon.com/.

About CNA

CNA is the country's seventh largest commercial insurance writer and the 13th largest property and casualty company. CNA's insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA services include risk management, information services, underwriting, risk control and claims administration. For more information, please visit CNA at http://www.cna.com/. CNA is a registered service mark, trade name and domain name of CNA Financial Corporation.

FORWARD-LOOKING STATEMENT AND LIMITATIONS

This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results, depending on a variety of factors. Potential factors that could impact results include the general economic conditions in different countries around the world, fluctuations in global equity and fixed income markets, exchange rates, rating agency actions, resolution of pending regulatory investigations and related issues, including those related to compensation arrangements with underwriters, pension funding, ultimate paid claims may be different from actuarial estimates and actuarial estimates may change over time, changes in commercial property and casualty markets and commercial premium rates, the competitive environment, the actual costs of resolution of contingent liabilities and other loss contingencies, and the heightened level of potential errors and omissions liability arising from placements of complex policies and sophisticated reinsurance arrangements in an insurance market in which insurer reserves are under pressure ,as well as certain other factors set forth in the companies' respective Securities and Exchange Commission filings. These filings also contain further information concerning the companies and their respective businesses.

Any descriptions of coverage under CNA policies or programs in this press release are provided for convenience only and are not to be relied upon in relation to questions of coverage, exclusions or limitations. With regard to all such matters, the terms and provisions of relevant insurance policies are primary and controlling.

   For More Information
   Mark Tomlinson
   312-381-3344
   http://www.scarboroughins.com/

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SOURCE: Aon Corporation

CONTACT: Mark Tomlinson of Scarborough, +1-312-381-3344

Web site: http://www.aon.com/
http://www.cna.com/
http://www.scarboroughins.com/