Jun 21, 2019
CNA National Celebrates 20 Years at Scottsdale Location

Scottsdale, Ariz.— On June 21, CNA National (CNAN) celebrates two decades at Lincoln Towne Center. In 1999, this became the company’s sixth home in Scottsdale, Arizona, having moved from a neighboring building at 7272 E. Indian School Road. CNAN was the first occupant of the 4150 building and remains the anchor tenant. Founded as Western National Warranty Corporation in 1982 by Paul and Judy Askos at 7033 E. First Avenue, it is one of the leading independent suppliers of vehicle service contracts sold through automobile dealerships nationwide.

 

We’ve always called Scottsdale home,” said Joe Becker, president and CEO. “Even after being acquired in 1995 by CNA, which is headquartered in Chicago, we remained here. Since moving in, our space in the building has expanded with us as our number of employees has grown to nearly 300. This facility provides a professional atmosphere for our staff, contributing to our results-oriented business culture of fostering a challenging and fun work environment.”

 

Located in the heart of Old Town Scottsdale, the center consists of two five-story office buildings built on the former site of Scottsdale High School. Closed in 1983 due to falling enrollment, the school was torn down in 1992. However, CNAN maintains a link to the old learning institution, as several employees graduated from there, including former president and CEO Joan Saunders.

 

About CNA National Warranty Corporation
CNAN is a recognized leader in the vehicle service contract industry. Since its inception, it has grown to become a top finance and insurance provider for automobile dealers, with more than four million contracts in force.  The company offers a choice of reinsurance structures (both controlled foreign corporation and non-controlled foreign corporation) as well as GAP coverage and tire-and-wheel protection. It has been named “Best Provider” in Auto Dealer Today’s Dealers’ Choice Awards for 14 consecutive years (2005-2010, 2012-2018 for service contracts, and 2011-2013 and 2017 for reinsurance). In addition, CNAN was the first and one of only two service contract companies recognized for “Highest Overall Dealer Satisfaction” by J.D. Power and Associates.* The company’s service contract program has had the exclusive endorsement of the American International Automobile Dealers Association (AIADA) since 1995. It is a wholly owned subsidiary of CNA, one of the nation’s oldest and largest insurers with over $55 billion in assets.

*J.D. Power and Associates 2003 Dealer Service Contract Satisfaction StudySM based on 5,053 dealer evaluations, www.jdpower.com

 

For further info, contact:
Julie Fosgate, x770
Julie.Fosgate@CNANational.com