Company description

RLI Corporation (RLI) is an American specialty insurance company that operates in multiple segments. The company was founded in 1965 and is headquartered in Peoria, Illinois. RLI offers insurance products and services for commercial and personal lines, as well as surety bonds. The major segments in which RLI operates are Property, Casualty, Surety, and Executive Products. The company's Property segment provides property coverage for fire, windstorm, earthquake, and crop hail. The Casualty segment offers coverage for liability and related coverages, such as fidelity and surety bonds. The Surety segment provides commercial and contract surety bonds, including performance and payment bonds. Lastly, the Executive Products segment offers crime, fiduciary, and cyber liability coverage. RLI prides itself on its strong balance sheet, excellent underwriting results, and consistent earnings growth. The company also has a reputation for delivering exceptional customer service. RLI's diverse and innovative product offerings, combined with its strong financial position, make it a reliable and trustworthy insurance provider for its clients. RLI has a strong commitment to corporate responsibility, promoting diversity and inclusion, and giving back to the community through initiatives such as the RLI Foundation. With over 50 years of experience in the insurance industry, RLI continues to be a leader in the specialty insurance market and is poised for future growth and success.