RLI Launches Personal Jewelry Insurance Product

RLI Insurance Co. has launched a new, online jewelry insurance product that will be led by Michael Maley, assistant vice president.

RLI will provide customized coverage of fine jewelry, diamond and engagement rings and watches against damage, theft and loss through a new jewelry insurance website. The website offers information on the types of jewelry to insure, coverages, the claims process and more, and allows individuals to obtain a quote, apply for coverage and manage their policy online. Coverage will be available in all 50 states.

According to RLI Insurance Co. President & COO Michael J. Stone, the new product will allow RLI to offer policies to serve the growing personal jewelry insurance market.

Maley has more than 25 years of experience in the commercial and personal jewelry insurance market. He is a graduate of St. Norbert College in De Pere, WI, and has attained the Chartered Property & Casualty Underwriter (CPCU) and Associate in Underwriting (AU) designations.

RLI Corp. is a specialty insurer serving niche property, casualty and surety markets. RLI’s products are offered through its insurance subsidiaries RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company.