Specialty insurance company providing property and casualty insurance products.
RLI Corp., an insurance holding company, specializes in underwriting property and casualty insurance across the United States and internationally. The company's diverse offerings cater to a wide range of needs through its Casualty, Property, and Surety segments. The Casualty segment provides extensive coverage options, including general liability for third-party liabilities of commercial insureds such as manufacturers, contractors, and apartment complexes. It also offers specialized coverages for security guards, onshore energy businesses, and environmental liability for underground storage tanks.
Additionally, RLI Corp.'s Casualty segment focuses on professional liability products tailored for small to medium-sized professionals in design, technical, and computer fields. It also provides commercial automobile liability and physical damage insurance, along with management liability coverages like directors and officers liability insurance and employment practice liability insurance.
The Property segment of RLI Corp. offers comprehensive commercial property insurance solutions, including cargo, hull, marine liability, inland marine, homeowners', and dwelling fire coverage. Its Surety segment specializes in commercial surety bonds, catering to medium to large-sized businesses, small bonds for businesses and individuals, and bonds tailored for small to medium-sized contractors.
Headquartered in Peoria, Illinois, RLI Corp. was established in 1965 and has since expanded its market presence through branch offices, brokers, carrier partners, and independent agents, offering reliable insurance products and reinsurance coverages globally.