RLI Corp, also known as RLI Insurance, is a recognized leader in the insurance industry. Established in 1965 and listed on the New York Stock Exchange under the ticker “RLI,” the company provides specialty property and casualty insurance coverage to both businesses and individuals across the United States.
Having its corporate headquarters in Peoria, Illinois, RLI Corp operates through its three segments: Casualty, Property, and Surety. They dedicate themselves to serving hard-to-place, niche insurance coverages that other insurance providers typically avoid, making them a go-to for customers seeking unique or challenging coverage solutions.
The Casualty segment offers general liability, personal umbrella, transportation, and other professional liability insurance coverage. The Property segment provides commercial property coverage for clients ranging from small businesses to large commercial enterprises and insurance for homeowners failing to qualify for the standard market coverage. In the Surety segment, they offer contract and commercial surety bonds, both traditional and specialized, which are used by companies and contractors as a guarantee for fulfilling requirements on contractual obligations.
RLI Corp stands out for its track record of underwriting profits in 37 out of the past 41 years, proving that their forte in underwriting excellence drives consistent performance. The corporation is rated A+ by A.M. Best, a leading global credit rating agency for the insurance industry, reflecting its financial strength and stability.
Apart from their insurance offerings, RLI Corp is also widely recognized for its aptitude in fostering an inclusive and diverse workplace. It has consistently been awarded as one of the "Best Places to Work in Insurance" by Business Insurance Magazine and the Best Companies Group. They are committed to their mission of delivering outstanding services and creating value for their shareholders by acknowledging the importance of empowering their employees.
For over five decades, RLI Corp has demonstrated resilience, with its unwavering focus on specialty insurance products, delivering innovative solutions tailored to meet the unique needs of its clients, and cultivating a corporate culture that encourages diversity, instills employee satisfaction, and maintains stability all while delivering consistent profits. As RLI Corp continues to embrace these traditions and respond to the evolving insurance industry, it projects a promising future for its operations and strategic objectives.