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RLI names executive to build distribution channels
PEORIA, ILLINOIS, May 8, 2008, RLI Corp. (NYSE:RLI) – RLI has hired David Ashcraft as Assistant Vice President - Marketing, for the company's program, casualty brokerage and E&S property business units. Ashcraft will have a national role in marketing and distribution management, and will operate from RLI's Chicago office.
Ashcraft comes to RLI most recently from the Argonaut Group where he served as Vice President - Marketing for all of Argonaut's retail companies. He brings 28 years of insurance industry experience, including the roles of National Account Manager and District Manager with Hartford Specialty. RLI Insurance Company President & COO Michael Stone said, "David will assist us in program business and other product areas by exploring new marketing and distribution strategies. His efforts will augment the relationships already well established between RLI underwriters and their customers, and help us identify new distribution channels for RLI."
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 David Ashcraft at (312) 360-1566 or at david.ashcraft@rlicorp.com or visit the RLI website at www.rlicorp.com.
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