Technical Risk Underwriters Announces Partnership with RLI Insurance Company
November 19, 2014, AUSTIN, TX – Technical Risk Underwriters (TRU), a division of RSG Underwriting Managers, LLC, has announced an underwriting partnership with RLI Insurance Company. This partnership marries TRU’s well-respected and rapidly expanding Course of Construction (“Builders Risk”) underwriting capabilities with RLI’s highly-rated capacity and proven expertise in catastrophe management.
Targeted classes include the entire span of U.S. construction including multi-family residential, commercial/mixed-use, hospitals, infrastructure and heavy civil works. Coverage will be written by RLI’s non-admitted surplus lines insurer, Mt. Hawley Insurance Company. The addition of the RLI catastrophe capacity further entrenches TRU as the leader in providing these coverages to the Builders Risk marketplace.
TRU’s President and CEO, Michael J. Pilla, says of the RLI partnership, “We are extremely pleased to announce this important partnership with one of the flagship insurance providers here in the U.S. It represents an important step toward our goal of enhancing our underwriting capabilities and providing to our clients capacity that goes well beyond that available from traditional providers. Our partnership with RLI is integral to TRU’s overall strategy of providing market leading capacity to our customers and creating unique risk management solutions for the evolving challenges they face.”
For more information on this release, contact Ryan Scheinfeld, (404) 387-6954, mailto:firstname.lastname@example.org
About Technical Risk Underwriters
Technical Risk Underwriters (TRU) is a specialty underwriter of insurance products for complex property and construction risks. Brokers rely on TRU to provide market-leading service and expertise for aligning policy-coverage and customized loss-control programs with each client’s unique exposures. www.truins.com
RLI (NYSE: RLI), a specialty insurance company, offers a diversified portfolio of property and casualty coverages and surety bonds serving niche or underserved markets. RLI operates in all 50 states from office locations across the country. RLI’s insurance subsidiaries – RLI Insurance Company, Mt. Hawley Insurance Company, RLI Indemnity Company and Contractors Bonding and Insurance Company – are rated A+ “Superior” by A.M. Best Company.