RLI Corp. a Peroia, Ill.-based provider of property/casualty insurance and surety bonds that targets underserved markets, has established a strategic information services department to manage and develop RLI's strategic and management information services. The company has also named Iqbal "Q" Shariff to serve as vice president of the new department.
RLI President & COO Michael J. Stone stated that the mission of the strategic information services department will be "to create accurate and consistent information and deliver it to RLI managers and executives to enable them to react to potential problems and opportunities quickly and effectively. This will be essential in managing our growth and achieving greater profitability."
Shariff, a management information specialist, most recently was owner of a consulting firm. Shariff will report directly to Stone.
"We're well aware of what Q can do for us, as he had already been serving us as a consultant," Stone said. "I am confident he will make a substantial contribution toward the growth and profitability of RLI."
RLI's insurance subsidiaries include RLI Insurance Company, Mt. Hawley Insurance Company and RLI Indemnity Company.
Source: RLI Corp.
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