• Corporate Profile
    • Stock Information
    • Corporate Governance
      • Corporate Governance
    • Reports
    • SEC Filings
      • Insider Filings
    • Stock Dividends
    • Direct Stock Purchase & Dividend Reinvestment Plan
    • Events & Presentations
    • Newsroom
  • Home
  • About
    • Company Profile
    • Our Brand
    • Executive Leadership
    • Board of Directors
    • Product Leadership
    • History
  • Careers
    • Job Search
    • Benefits
    • Culture
    • Internship Program
  • Investors
    • Stock Information
    • Corporate Governance
    • Reports
    • SEC Filings
    • Stock Dividends
    • Direct Stock Purchase Plan
    • Dividend Reinvestment Plan
    • Events & Presentations
  • Newsroom
  • Claims
  • Contact
    • Our Locations
    • Corporate Development
    • Loss Runs Form
    • Report Fraud
  • Producer Login
  • Search
Home
  • Business Insurance
    • Business Owners Insurance
    • Captives
    • Casualty Insurance
    • Construction Insurance
    • Healthcare Industry Insurance
    • Management & Professional Insurance
    • Marine Insurance
    • Property Insurance
    • RLI Transportation
  • Personal Insurance
    • Hawaii Homeowners Insurance
    • Personal Umbrella Policy
    • Track Day Insurance
  • Surety
    • Commercial Surety
    • Contract Surety
  • For Our Producers
    • Applications
    • Loss Runs Request
    • Marketing Materials
    • Producer Appointment
    • Product Distribution
    • CBIC Resources
    • Design Professionals Resources
    • Home Business Insurance Resources
    • Marine Resources
    • Medical Professional Liability Resources
    • Personal Umbrella Resources
    • Professional Services Group Resources
    • Surety Resources
    • Transportation Resources
  • Business InsuranceToggle Menu
    • Business Owners InsuranceToggle Menu
      • Business Owners Packages
      • Design Professionals Insurance
      • Home Business Insurance CoverageToggle Menu
        • Home Business Insurance Coverage
        • About Us
        • Home Business Insurance Policy Details
        • Steps for Getting Coverage
        • Qualified Businesses
        • Get a Quote
        • Guides
        • Glossary of Business Insurance Terms
        • Refund Policy
    • Captives
    • Casualty InsuranceToggle Menu
      • Casualty Large Retention
      • Contractor's Liability
      • Energy Casualty Insurance
      • Environmental Liability Insurance
      • Excess Liability InsuranceToggle Menu
        • Excess Liability Insurance for Small Businesses
      • General Liability Insurance
      • Healthcare Liability Insurance
      • Medical Professional Liability Insurance
      • Products Liability Insurance
      • Real Estate Investment Trusts
      • Security Company Liability Insurance
    • Construction InsuranceToggle Menu
      • Artisan & General Contractors Insurance
      • Builder's Risk & Installation Insurance
      • Contractor's Equipment Insurance
      • Contractor's Liability
      • Design Professionals Insurance
    • Healthcare Industry InsuranceToggle Menu
      • Healthcare Liability Insurance
      • Medical Professional Liability Insurance
    • Management & Professional InsuranceToggle Menu
      • Cyber Liability Insurance
      • Design Professionals InsuranceToggle Menu
        • Professional Liability Insurance for Design Professionals
        • Property & Casualty Insurance for Design Professionals
        • Emerging Design Professionals Program
        • Claim Scenarios
        • Privacy Protection Package for Designated Professionals
      • Directors & Officers Liability Insurance
      • Employment Practices Liability Insurance
      • Executive Plus Directors and Officers Liability Insurance
      • Fidelity Insurance
      • Fiduciary Liability Insurance
      • Labor Management Trust Fiduciary Liability Insurance
      • Miscellaneous Professional Liability InsuranceToggle Menu
        • Property & Casualty Insurance for Professional Services Firms
        • Target Professionals Insurance
      • Nonprofit Healthcare & Executive Liability Insurance
      • Nonprofit Organization & Executive Liability Insurance
      • Private Company Directors, Officers & Corporate Liability
      • Private Equity Investment Services & Executive Liability Insurance
      • Technology Professionals Liability InsuranceToggle Menu
        • Property & Casualty Insurance for Technology Professionals Firms
      • Transactional Liability Insurance
    • Marine InsuranceToggle Menu
      • Inland Marine InsuranceToggle Menu
        • Builder's Risk and Installation Insurance
        • Contractors Equipment Marine page
        • Data, Data Systems and Broadcasting Systems
        • Floating Property Insurance
        • Property in Transit Insurance
      • Ocean Marine InsuranceToggle Menu
        • Marine Cargo InsuranceToggle Menu
          • We Cover Your World
        • Marine Hull & P&I Insurance
        • Marine General Liability Insurance
        • Marine Artisans Liability Insurance
        • Marina, Boat Yard and Boat Dealerships Liability Insurance
    • Property InsuranceToggle Menu
      • Commercial Earthquake & Flood (DIC)
      • Commercial Property and Inland Marine Insurance
    • RLI TransportationToggle Menu
      • Transportation Home
      • Commercial Specialty Auto Insurance
      • Public Transportation Insurance
      • Truck Insurance
      • Latest News
      • Transportation ApplicationsToggle Menu
        • Commercial Auto Submission Application Items
      • Producer Resources
      • Payment Methods
      • Agent Appointment
      • Transportation Contact
  • Personal InsuranceToggle Menu
    • Hawaii Homeowners InsuranceToggle Menu
      • Find an Agent
    • Personal Umbrella PolicyToggle Menu
      • Personal Umbrella Applications and Rates
      • Quick Links for RLI Personal Umbrella Policyholders
      • Who qualifies for Personal Umbrella Policy coverage?
      • Why you need a personal umbrella policy
    • Track Day InsuranceToggle Menu
      • RLI Track Day Insurance
      • Policy Highlights
      • Get a Quote
      • About Us
      • Contact Us
      • FAQ's
      • Report a Claim
  • SuretyToggle Menu
    • Commercial Surety
    • Contract Surety
    • CoursesToggle Menu
      • courses
      • Course Dates
      • Registration
  • For Our ProducersToggle Menu
    • Applications
    • Loss Runs Request
    • Marketing Materials
    • Producer Appointment
    • Product Distribution
    • CBIC Resources
    • Design Professionals ResourcesToggle Menu
      • Design Professionals Resources
      • Risk Management
      • Enrollment Form
      • Design Professionals Learning Events (DPLE)
      • DPLE Courses
      • Policy Forms & Applications
      • Contact Design Professionals
    • Home Business Insurance ResourcesToggle Menu
      • HBI Qualified BusinessesToggle Menu
        • Authors, Educators, Entertainers and Models
        • Automotive Services
        • Clothing Business
        • Computer Services
        • Decorative and Floral Services
        • Food and Vitamins
        • Hand-made Products
        • Home Office Services
        • Other Business Services
        • Other Services
        • Personal and Home Services
        • Photography Services
        • Professional Services
        • Sales of Services
        • Wholesale & Retail
    • Marine Resources
    • Medical Professional Liability Resources
    • Personal Umbrella Resources
    • Professional Services Group ResourcesToggle Menu
      • RLI Professional Services
      • Professional Services Risk Management
      • Webinars
      • Learning Events Resources
      • Loss Control Resources
      • Contact RLI Professional Services Group
      • Privacy Protection Package for Designated Professionals
    • Surety Resources
    • Transportation Resources
  • Home
  • About
    • Company Profile
    • Our Brand
    • Executive Leadership
    • Board of Directors
    • Product Leadership
    • History
  • CareersToggle Menu
    • Benefits
    • Culture
    • Internship Program
    • Job Search
  • Investors
    • Stock Information
    • Corporate Governance
    • Reports
    • SEC Filings
    • Stock Dividends
    • Direct Stock Purchase Plan & Dividend Reinvestment
    • Events & Presentations
    • Newsroom
  • Newsroom
  • Claims
  • Contact
    • Our Locations
    • Corporate Development
    • Loss Runs Form
    • Report Fraud
  • Producer Login
  • Search
Close Menu
Newsroom

Press Release

Social media sharing Email Alert

RLI Announces Appointment of New CEO and COO

Company Release - 11/10/2021
Download the PDF version PDF Format (opens in new window) PDF

PEORIA, Ill.--(BUSINESS WIRE)-- RLI Corp. (NYSE: RLI) – RLI Corp. announced today that the RLI Board of Directors has appointed Craig W. Kliethermes as President and Chief Executive Officer (CEO) and Jennifer L. Klobnak as Chief Operating Officer (COO), effective January 1, 2022. These leadership changes will coincide with the planned retirement of current company Chairman & CEO Jonathan E. Michael at the end of 2021.

Kliethermes has served as President and COO since 2016. Previously, he served as Senior Vice President, Risk Services since 2013. Kliethermes joined RLI in 2006 and has 36 years of insurance industry experience. Prior to joining RLI, he served in various actuarial and leadership roles with Lockton Companies, GE Insurance/Employers Reinsurance and John Deere Insurance Company.

Klobnak has served as Senior Vice President, Operations since 2016. Previously, she served as Senior Vice President, Risk Services since 2014. Klobnak joined RLI in 2000 and has 21 years of insurance industry experience. Prior to joining RLI, she served in an audit role with PwC.

“Both Craig and Jen have the leadership track record and breadth of business experience necessary to guide our organization forward, including a strong customer orientation, commitment to our people and core values, and focus on delivering value to shareholders,” said Michael. “This planned transition demonstrates the depth of our leadership team and long-term sustainability of our organization. I’m confident that RLI is well-positioned for continued success.”

“I’m honored by the confidence the board has placed in me and want to thank Jon for his outstanding leadership and stewardship of RLI,” Kliethermes stated. “I’m grateful for the opportunity to lead the continued growth of our extraordinary company. RLI has talented and passionate employee owners at its core. I look forward to working with them to build on the solid foundation and legacy that Jon and RLI Founder Jerry Stephens established.”

“Strong relationships with our agents, customers and employees have been integral to our company’s success,” said Klobnak. “I look forward to continuing to work with the entire RLI team to enhance these relationships and advance our mission to protect customers from life’s uncertainties through industry-leading specialty risk management solutions, unmatched expertise and superior service.”

Following his planned retirement in December, current Chairman & CEO Jonathan Michael will continue to serve as Chairman of the RLI Board of Directors, a position he has held since 2011. During Michael’s 20-year tenure as CEO, the company significantly diversified its product portfolio, while delivering consistent top line growth and achieving 20 consecutive years of underwriting profit. Under his leadership, RLI’s total return to shareholders has far outpaced that of the S&P 500 and S&P 500 P&C indexes.

ABOUT RLI
RLI Corp. (NYSE: RLI) is a specialty insurer serving niche property, casualty and surety markets. The company provides deep underwriting expertise and superior service to commercial and personal lines customers nationwide. RLI’s products are offered through its insurance subsidiaries RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company. All of RLI’s subsidiaries are rated A+ “Superior” by AM Best Company. RLI has paid and increased regular dividends for 46 consecutive years and delivered underwriting profits for 25 consecutive years. To learn more about RLI, visit www.rlicorp.com.

FORWARD LOOKING STATEMENTS
This news release may include forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from any future expectations expressed or implied in such forward-looking statements. Various risk factors that could affect future results are listed in the company’s filings with the Securities and Exchange Commission, including the Form 10-K Annual Report for the year ended December 31, 2020.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211110006249/en/

Lisa Gates
Vice President, Marketing & Communications
309-692-1000 x5438
Lisa.Gates@rlicorp.com

Source: RLI Corp.

Copyright , © Powered By Q4 Inc.

Producer Login

Footer Links 1

  • Business Insurance
  • Lindbergh Insurance
  • Personal Insurance
  • Surety Bonds
  • For Our Producers

Footer Links 2

  • About RLI
  • Investors
  • Contact RLI

am best logoWards 50 logo

© 2020 RLI Corp

Copyright Menu

  • RLINet
  • Site Map
  • Privacy Policy
  • Terms of Use
  • Security
  • LinkedIn