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RLI Corp. (Symbol: RLI) is a specialty insurance company offering a diverse range of property and casualty coverages, along with surety bonds, catering to niche or underserved markets. The company's core strength lies in combining profitable underwriting, solid investment returns, and effective capital management to ensure consistent, long-term growth in shareholder value.
Founded with a vision to exceed customer expectations, RLI provides tailor-made products that address demands where other insurance companies do not compete. This approach has allowed RLI to build a loyal customer base and achieve significant milestones in the insurance industry.
RLI's operations are extensive, with more than 850 employees spread across 50 locations in the United States. Their business model revolves around hiring the best talent in the industry and empowering them with the resources and autonomy to drive profitable growth. This strategy ensures that RLI remains at the forefront of innovation and customer satisfaction.
The company's insurance products are divided into three main segments: Casualty, Property, and Surety. The Casualty segment is the primary revenue driver, offering insurance in specialty admitted markets for unique risks and in excess and surplus markets for risks that cannot be covered in standard admitted markets. RLI distributes these products through its wholly-owned branch offices, targeting both wholesale and retail producers.
Recent achievements and ongoing projects at RLI Corp. reflect its commitment to growth and innovation. The company continually seeks opportunities to expand its product offerings and improve its service quality. Through strategic partnerships and a keen focus on market-driven products, RLI aims to surpass the expectations of its shareholders and maintain its position as a leader in the specialty insurance market.
For more information, please visit www.rlicorp.com.
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