JACOBSON EXEC. SEARCH COMPLETES BOARD MEMBER AND VP HOME OFFICE UNDERWRITING SEARCHES FOR RLI CORP.

 Allen brings more than 30 years of experience in management roles with significant profit & loss responsibility, strategic impact, marketing and branding accountability to her Board appointment with the publicly-traded insurance carrier. She is currently President of TCA (Tennis Corporation of America) Professional Services, Chicago. Allen previously spent more than 20 years with Quaker Oats Company, Chicago, and also served as CEO of the Women’s United Soccer Association, New York City. Her proven professional career is complemented by her success record as a corporate director. Presently, she serves on the Board of the snack manufacturer, Lance, Inc. She is also a former Board Member of Maytag Corporation; Converse, Inc.; Tyson Foods, Inc.; among others. Allen received her MBA from the University of Chicago and her bachelor’s degree from the University of Illinois, Champaign.

 “Barbara’s proven board expertise coupled with her successful executive career will undoubtedly prove a valuable addition to the RLI Corp. Board,” said Margaret Resce Milkint, Partner of Jacobson Executive Search, who headed up the assignment.

 McCray will lead all property and casualty underwriting activities from the insurer’s home office in Peoria, Ill. He will also be charged with developing strategy, as the firm positions itself for continued growth and success.

 “Andy is a strategic visionary with an impeccable career record,” said Milkint, who also led the Vice President – Home Office Underwriting search. “He brings a results-driven approach, hands-on leadership style and proven industry credibility to RLI Corp.’s executive table.”

 McCray joins the niche insurance leader with a proven insurance and underwriting career of more than 20 years. Most recently, McCray was employed by The Westfield Group, where he served in a number of roles of progressive responsibility culminating in his most recent tenure as Executive of Staff Operations for their Underwriting Practice Group. McCray received his bachelor’s degree from Tulane University of New Orleans and his master’s from Ashland University of Ashland, Ohio.

 About Jacobson Executive Search: Jacobson Executive Search is a division of The Jacobson Group, the nation’s leading provider of professional and human capital services to the insurance, healthcare and financial services industries. Jacobson Executive Search provides retained search services for executive-level positions within these industries. The firm maintains offices throughout the country. Further information is available at www.jacobsononline.com.

 Disclaimer: This press release may contain certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results, depending on a variety of factors. Potential factors that could impact results include the general economic conditions in different countries around he world, fluctuations in global equity and fixed income markets, rating agency actions, the cost and availability of financing, the completion, cost and timing of the capital enhancement plan, changes in commercial property and casualty premium rates, the competitive environment, the actual cost of resolution of contingent liabilities and other loss contingencies, the ultimate impact of the business transformation plan, and the timing and resolution of related insurance and reinsurance issues relating to the events of September 11, 2001. Further information concerning the Company and its business, including factors that potentially could materially affect the Company’s financial results, are contained in the Company’s filings with the Securities and Exchange Commission.

 

 

Nicole St.Martin

Jacobson Executive Search

(317) 920-7806