Richmond National is a specialty property & casualty insurance company focused on providing insurance to small and mid-size businesses that are unable to find coverage in the standard insurance market.
We operate exclusively within the excess & surplus lines market, which provides our underwriters flexibility to develop highly tailored policies to best meet the insurance needs and risk management objectives of our customers.
We work with a select group of appointed wholesale brokers that are deeply familiar with our insurance products and our underwriting appetite in the areas in which we focus. We believe that our wholesale broker partners value access to carriers that are consistent, stable sources of wholesale-only E&S capacity that can respond quickly to opportunities.
Our company was formed by a group of highly experienced industry professionals, many of whom have worked for some of the most successful E&S carriers in the industry. Members of our management team have also been responsible for the formation or capitalization of several successful startup and early stage specialty insurance companies.
We have adopted the best practices of the specialty insurance companies we have been involved with over the last 25 years while also incorporating the use of modern, cloud-based technology to help drive efficiency across our business in order to better serve our customers and business partners.
Empower Our People
Richmond National is a place where talented people have the freedom to make decisions and the resources to be successful. The ability to make quick and creative decisions are important for competing in the dynamic E&S industry.
Responsive To Our Customers
We focus on providing a swift response to our broker partners with either a specific proposal to meet the needs of their customer or a quick “no” if the risk is outside of our area of focus. We understand that in most cases, the broker is operating on a tight timeframe and speed matters. On the claims side, we understand that our small and mid-size business customers operate under similar time constraints, and as such, we focus on more direct, targeted and meaningful engagement with key stakeholders which results in more effective outcomes for them.
Focus on Solutions
Our underwriters pride themselves on solving problems. We recognize that risks in the E&S market do not fit within the standard underwriting market. We take a creative approach to developing highly tailored solutions for our customers. Similarly, our internal team of claims professionals have years of deep experience and subject matter expertise to bring suitable solutions to bear for our customers.
Integrity and Fairness
We believe in treating our stakeholders fairly and operating in a highly ethical manner. We understand that our insureds and brokers rely on us. They should have confidence in the coverage provided by Richmond National.
Financial Strength and Discipline
Maintaining a strong financial position and earning consistent, attractive returns is core to our ability to be a successful specialty insurance company and a reliable business partner for our stakeholders.