
RLI Corp.
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Business profile
RLI Corp. is a specialty insurance holding company that underwrites property, casualty, and surety insurance products through its various subsidiaries. The company operates across multiple segments, providing a diverse range of coverages designed to meet the unique needs of specific industries and risks. Its Casualty segment offers commercial excess liability, personal umbrella policies, general liability, transportation insurance for various trucking operations, and management liability coverages. This segment also extends to professional liability and workers' compensation for office-based professionals, commercial automobile insurance, and specialized coverages for security guards, environmental risks, and errors and omissions for design, technical, and computer professionals. The Property segment provides commercial property insurance, including protection against fire, wind, earthquake, and flood, as well as coverage for various structures like office buildings, apartments, and industrial facilities. Additionally, it offers marine-related insurance and homeowners' policies. RLI's Surety segment focuses on commercial surety bonds for businesses of all sizes, including those for contractors. The company also provides reinsurance and markets its products through a network of branch offices, wholesale and retail brokers, carrier partners, and independent agents, underscoring a robust distribution strategy.