RLI Expands Personal Umbrella Appetite, Program Features to Help Agents Serve More Customers

PEORIA, Ill.--(BUSINESS WIRE)-- RLI Corp. (NYSE:RLI) – RLI Insurance Company, a pioneer of the standalone personal umbrella liability policy, announced new capabilities to make it easier for agents to write more personal umbrella insurance. RLI has expanded its personal umbrella insurance underwriting appetite to include more flexibility for drivers of all ages with less-than-perfect driving records and customers with more exposures. Additionally, RLI now accepts electronic signatures for new business and online credit card payments for new and renewal business, improving customer service on behalf of the agents selling the RLI personal umbrella. The enhancements are part of RLI’s continued commitment to producers seeking a standalone personal umbrella liability policy -- a dedication the company has shown by remaining a reliable and secure personal umbrella market for 25 years. “We have seen the demand for personal umbrella insurance continue to climb over the decades, and these changes will make our product available to more people,” said Michael Stone, RLI Insurance Company President. “Additionally, while relationships between some personal umbrella brokers and their carriers are changing, RLI is making changes to serve more insureds, expand customer service to our partner brokers, and improve an already great product.” RLI’s standalone personal umbrella policy is written on admitted paper in all 50 states, and is available in limits of $1 million to $5 million. RLI is a specialty insurance company serving “niche” or underserved markets. Its proven, superior underwriting model creates the flexibility to write unique coverages in a wide array of diverse industries. RLI’s subsidiaries – RLI Insurance Company, Mt. Hawley Insurance Company and RLI Indemnity Company – are rated A+ "Superior" by A.M. Best Company and A+ "Strong" by Standard & Poor's. RLI operates in all 50 states from office locations across the country. For additional information, contact Becky Lundberg at (309) 692-1000 or at [email protected] or visit the RLI personal umbrella website at www.rlipersonalumbrella.com. Release Summary: RLI Insurance expands its personal umbrella insurance policy to help agents sell to more insureds. Keyword Tags: personal umbrella, personal umbrella insurance, personal umbrella liability, personal umbrella policy RLI Corp.Becky Lundberg, 309-692-1000becky.lundberg@rlicorp.comwww.rlipersonalumbrella.com Source: RLI Corp.