Specialty insurer RLI Corp., based in Peoria, Illinois, named Seth A. Davis vice president, Corporate Services, and promoted Patrick D. Ferrell to vice president, Internal Audit.
Davis will lead the company’s assessment of internal controls over financial reporting, Sarbanes-Oxley compliance and other non-audit governance activities.
Davis began his career at RLI in 2004 as manager, Internal Audit, and was promoted to VP, Internal Audit, in 2005. He has more than 22 years of industry experience. Prior to joining RLI, he served as internal audit director for CNA in Chicago.
Ferrell succeeds Davis and will lead company’s internal audit assurance and advisory activities. He began his career at RLI in 2004 as senior auditor, Internal Audit, and was promoted to audit director in 2006 and AVP, Internal Audit, in 2012. Prior to that he served as an internal auditor and claims specialist at State Farm for more than 10 years.
RLI Corp. is a specialty insurer serving diverse, niche property, casualty and surety markets. The company serves commercial and personal lines customers nationwide.
Source: RLI Corp.
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