RLI exits large-account cyber, buys additional $100mn in property cat cover
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RLI exits large-account cyber, buys additional $100mn in property cat cover

RLI kliethermes klobnak cyber.jpg

Specialty insurer RLI has decided to drop large cyber accounts from its portfolio, a product that was offered for years alongside D&O business, as the company pivots to smaller accounts with limits up to $5mn, COO Jennifer Klobnak told analysts during the company’s fourth-quarter earnings call.

Klobnak said that cyber is part of RLI’s “package approach” offered to professionals such as architects and engineers who buy cyber coverage together with other products, such as property liability or auto coverage.

The

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