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RLI Names Donald Johnson as Vice President, Professional Services Group and Bret Stone as Vice President, Data & Analytics
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Rhea-AI Summary
RLI Corp. (NYSE: RLI) has announced the promotion of Donald Johnson to Vice President of the Professional Services Group, overseeing Casualty, Captives, and Specialty Package products. He brings 34 years of industry experience. Additionally, Bret Stone joins as Vice President of Data & Analytics, focusing on leveraging data to enhance underwriting and claims operations. Both appointments aim to drive growth and innovation within RLI. The company, a specialty insurer, boasts a strong financial track record, with 47 years of dividend increases and consistent underwriting profits.
Positive
Donald Johnson's promotion brings 34 years of industry experience, enhancing leadership within the Professional Services Group.
Bret Stone's appointment as VP of Data & Analytics will utilize advanced data strategies to drive growth.
Negative
None.
PEORIA, Ill.--(BUSINESS WIRE)--
RLI Corp. (NYSE: RLI) -- RLI Corp. announced today that it has named two leaders to new roles.
Donald Johnson has been promoted to Vice President, RLI Professional Services Group. In his new role, he will have executive leadership and oversight responsibility for the Professional Services Group Casualty, Captives and Specialty Package products. Johnson has 34 years of insurance industry experience and holds a Casualty Claim Law designation from the AEI Society of Claim Law Associates. He joined RLI in 2010 as Assistant Vice President, Professional Services Group. Prior to joining RLI, Johnson served in leadership roles at Travelers and St. Paul Companies. He received a bachelor’s degree in agriculture and business from Missouri State University.
“Don has demonstrated a strong track record of success during his tenure at RLI,” said RLI President & CEO Craig Kliethermes. “His deep industry and product knowledge, and strong leadership, will support the continued growth and success of the RLI Professional Services Group.”
Bret Stone has joined the company as Vice President, Data & Analytics. In this new role, Bret will lead the use of advanced data and analytics within RLI’s underwriting, claims and business operations. Stone has more than 23 years of insurance and financial industry experience. He joins RLI from SpatialKey (acquired by Insurity), where he served as President & COO. Stone also founded S3i Solutions and served in leadership roles at Insurity and RMS. He received a bachelor’s degree in economics from the University of Iowa.
“We’re pleased to welcome Bret to the organization,” said Kliethermes. “He brings an entrepreneurial mindset and a wealth of experience to this new role. His leadership in this space will help us capitalize on opportunities to use advanced data and analytics to support further growth and differentiation in our business.”
ABOUT RLI
RLI Corp. (NYSE: RLI) is a specialty insurer serving niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI’s products are offered through its insurance subsidiaries RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. All of RLI’s subsidiaries are rated A+ “Superior” by AM Best Company. RLI has paid and increased regular dividends for 47 consecutive years and delivered underwriting profits for 26 consecutive years. To learn more about RLI, visit www.rlicorp.com.
