OverviewSuggest Edit

RLI is a specialty insurance company that offers a diversified portfolio of property and casualty coverages. The Company conducts its operations primarily through four insurance subsidiaries — RLI Insurance Company, Mt. Hawley Insurance Company, RLI Indemnity Company and Contractors Bonding and Insurance Company. RLI insurance coverages are distributed to customers across the U.S. through branch offices that market to wholesale brokers and retail agencies. It also provides select coverages through independent agents. The Company offers different types of casualty, property and surety coverage ranging from individually underwritten coverages to highly complex coverages. Some lines of insurance the company offers include General Liability, Commercial and Personal Umbrella Liability, Commercial Transportation, Executive Products Liability, Professional Liability, Commercial Property, Marine, Crop Reinsurance, Property Reinsurance, Contract Surety, Commercial Surety, and Oil and Gas Surety.

TypePublic
Founded1965
HQPeoria, IL, US
Websiterlicorp.com
Employee Ratings4.8
Overall CultureB

Latest Updates

Employees (est.) (Dec 2019)882
Job Openings72
Revenue (FY, 2020)$983.6 M(-1%)
Share Price (Nov 2021)$111.6
Cybersecurity ratingAMore
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Key People/Management at RLI

William R. Bell

William R. Bell

Vice President, Environmental E&S
Craig W. Kliethermes

Craig W. Kliethermes

President and Chief Operating Officer, Director
Blake A. Ahrens

Blake A. Ahrens

Vice President, Inland Marine
Michael E. Angelina

Michael E. Angelina

Director
Kaj Ahlmann

Kaj Ahlmann

Director
Bart W. Davis

Bart W. Davis

Vice President, Surety Underwriting
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RLI Office Locations

RLI has an office in Peoria
Peoria, IL, US (HQ)
9025 N Lindbergh Dr
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RLI Financials and Metrics

RLI Revenue

RLI's revenue was reported to be $983.63 m in FY, 2020
USD

Revenue (FY, 2020)

983.6m

Gross profit (FY, 2020)

540.7m

Gross profit margin (FY, 2020), %

55%

Net income (FY, 2020)

157.1m

Market capitalization (12-Nov-2021)

5.1b

Closing stock price (12-Nov-2021)

111.6

Cash (31-Dec-2020)

62.2m
RLI's current market capitalization is $5.1 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

583.4m619.2m660.8m705.6m775.2m794.6m816.3m797.2m818.1m1.0b983.6m

Revenue growth, %

10%3%3%

Cost of goods sold

200.1m271.6m401.6m428.2m413.4m442.9m

Gross profit

419.1m389.1m395.6m389.9m590.2m540.7m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

127.4m130.6m103.3m126.3m135.4m137.5m114.9m105.0m64.2m191.6m157.1m

Depreciation and Amortization

3.2m3.1m3.8m4.6m5.4m6.4m6.9m7.0m8.2m7.4m

Accounts Payable

601.0k(17.6m)(8.9m)

Cash From Operating Activities

100.2m118.0m36.2m135.0m123.1m152.6m174.5m197.5m217.1m276.9m263.3m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

59.2m87.2m26.5m73.8m99.9m28.0m52.8m78.2m24.8m54.7m35.7m

Depreciation and Amortization

300.0k500.0k700.0k

Cash From Operating Activities

35.5m87.9m17.9m83.9m115.9m(3.2m)(32.1m)13.2m(6.3m)26.8m81.7m(2.0m)85.9m23.4m71.1m121.4m21.3m69.6m123.0m11.3m74.6m145.9m15.4m100.0m163.4m30.8m105.3m186.8m(5.8m)163.2m

Purchases of PP&E

(135.9m)(135.9m)(1.9m)(5.0m)
USDQ2, 2010

Financial Leverage

3 x
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RLI Operating Metrics

RLI's Reported Claims, units was reported to be 12.3 k in FY, 2016.
FY, 2014FY, 2015FY, 2016

Reported Claims, units

15.08 k14.1 k12.27 k
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RLI Acquisitions / Subsidiaries

Company NameDateDeal Size
Amphenol (Ningde) Electronics Co., Ltd

RLI Revenue Breakdown

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RLI revenue breakdown by business segment: 62.4% from Casualty, 20.9% from Property and 16.7% from Surety

RLI Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

RLI Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

RLI Online and Social Media Presence

Embed Graph

RLI Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    C+

    67/100

  • Compensation

    F

    43/100

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RLI News and Updates

Parex Delivers Reserve Additions from New Operated Fields, Increases Reserves per Share and Extends RLI to 11 Years

CALGARY, Alberta, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the "Company") (TSX:PXT) is pleased to announce the results of its annual independent reserves assessment as at December 31, 2020 and to provide an operational update.

RLI Insurance Company Signs Deal to Migrate to SS&C Singularity

RLI will upgrade its investment operations and accounting processes for enhanced functionality, operational efficiency, data transparency and business insights.read more

RLI Blogs

Specialty Package Endorsement Change Request

You may use the form below to submit an endorsement request on an in-force Specialty Package policy. Please note that all endorsement requests submitted through this form are not automatically bound and are subject to company review and approval. Upon receiving your request, your underwriter may co…

Offer RLI Surety Bonds to Your Customers

RLI Surety partners with independent retail agents and brokers throughout the United States with deep surety industry expertise to offer our commercial and contract bonds to their customers. If you’re interested in offering RLI commercial or contract surety bonds to your customers, complete this fo…

Lindbergh Contact Us

Contact Us Have questions about business eligibility, a specific policy or the application process? Connect with us, we’d love to talk.   

First Step Customized Solution Request

Thank you for your interest in our customized First Step tool that gives your contractor the ability to quickly and easily submit small contract bond requests. Simply submit this form and RLI will provide you with your custom First Step link. Save time and share the link with your contractors to co…

Loss Analysis Review

Please allow 7 days for us to complete your review.

AssuredPartners Agent Resources

Grow Your Business with Commercial, Professional and Personal Lines Coverage from RLI Get appointed to offer RLI coverage to your customers or schedule a meeting to learn more about how the AssuredPartners and RLI partnership can help you grow your book of business. RLI is proud to be an AssuredPar…
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RLI Frequently Asked Questions

  • When was RLI founded?

    RLI was founded in 1965.

  • Who are RLI key executives?

    RLI's key executives are William R. Bell, Craig W. Kliethermes and Blake A. Ahrens.

  • How many employees does RLI have?

    RLI has 882 employees.

  • What is RLI revenue?

    Latest RLI annual revenue is $983.6 m.

  • What is RLI revenue per employee?

    Latest RLI revenue per employee is $1.1 m.

  • Who are RLI competitors?

    Competitors of RLI include ProSight Global, The Accel Group and Schnack Financial.

  • Where is RLI headquarters?

    RLI headquarters is located at 9025 N Lindbergh Dr, Peoria.

  • Where are RLI offices?

    RLI has an office in Peoria.

  • How many offices does RLI have?

    RLI has 1 office.