RLI Transportation Launches Driver Training School Commercial Auto
Coverage
RLI Transportation complements the fleet insurance portion of its
trucking insurance product by offering driver training school coverage
PEORIA, ILl. (Business Wire EON/PRWEB ) March 20, 2008 --
RLI Transportation
announced the introduction of a unique, mono-line commercial
auto coverage targeting Driver Training Schools nationwide.
The underwriting focus that makes RLI Transportation successful is at
work with this niche coverage. RLI Transportation Assistant Vice
President Eric Galisdorfer explained, “Internally
we have expertise in this class and it complements our existing book.
We've built a strong reputation in our Hospital fleet insurance segment
- many of those hospitals provide driver training as part of their
rehabilitative services - we just decided to expand our appetite to driver
training school coverage. Additionally, we knew this target market
was being underserved and there are more than 1,200 such facilities
nationwide, so we thought why not apply our niche
underwriting expertise to satisfy the demands of this class."
The Driver
Training School coverage is admitted in all states except Alaska,
Hawaii, La. and Mass. Minimum premiums start at $10,000. Businesses
engaged in racing training or emergency response personnel are not
eligible.
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.
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