RLI

On May 8, 1987, RLI joined the most influential and dynamic corporations in the nation by listing and trading for the first time on the New York Stock Exchange (NYSE). Members of the RLI board of directors and executive team, including RLI Founder Jerry Stephens and Jon Michael, Chairman, RLI Board of Directors and Retired CEO, gathered to ring the opening bell of the NYSE to commemorate the occasion. On that day, RLI listed 6.5 million shares of common stock at an opening price of $2.52 per share on a split adjusted basis. By 1990, RLI was a top performer of all property and casualty stocks on the NYSE - a designation that holds true today. The company has grown significantly since that time, transitioning from a monoline contact lens insurer with an emerging specialty property and casualty business, to a diversified, specialty insurer.

Innovation has been a part of RLI since the very beginning. Our founder, Jerry Stephens, recognized how expensive it was to replace contact lenses, so he founded RLI — Replacement Lens, Inc. RLI was one of the first insurers of contact lenses. We continue to foster an entrepreneurial spirit and dedication to innovation every day as we evolve and diversify our products to meet the ever-changing needs of our customers. 💡✨