Product Launchai underwritingcommercial propertyrli
Kettle Partners With RLI To Launch Property Insurance
7.1
Kettle has partnered with RLI to launch a new multi-peril non-admitted commercial property insurance program targeting California and Nevada commercial markets. The product, underwritten by Mt. Hawley Insurance Company (an A+ AM Best-rated RLI subsidiary), covers wildfire and all other perils and will be distributed through select wholesale brokers. RLI also made a strategic equity investment in Kettle to accelerate its AI-enabled risk modelling and underwriting capabilities.
Key Points
- 1Launches multi-peril non-admitted commercial property product covering wildfire and all other perils in California, Nevada
- 2Secures Mt. Hawley underwriting and RLI equity investment, leveraging an A+ AM Best-rated insurer for stability
- 3Enables brokers to access AI-driven risk models for climate-exposed properties, improving placement in underserved markets
Scoring Rationale
Strong partnership and product launch backed by credible insurer; regional focus limits broader industry impact.
Sources
Public references used for this report.
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