2009-03-03 12:04:07 -

RLI Corp. (NYSE:RLI) - Today RLI announced its new network security and privacy coverage - CyberSecureTM - which insures losses from system vulnerability, security issues and a wide range of exposures to financial loss arising from network security and privacy breaches.


While making business much easier to transact, the use of technology has created cyber risk threats. Many

web security experts report these threats are increasingly on the rise. RLI's approach to the complex coverages demanded by these emerging threats has resulted in simplified, easy-to-understand language. "We specifically designed CyberSecureTM to deliver solutions for mid-sized companies - those with annual revenues exceeding $2 million," said Betty Shepherd, assistant vice president of RLI Executive Products Group. "Many insurers have focused almost exclusively on large companies. In mid-sized companies, the need for network security and privacy coverage is just as great, and CyberSecure" will meet their needs."


RLI is targeting healthcare organizations, financial services companies, technology service providers, traditional service providers and retailers. All of these industry groups are highly exposed to system vulnerabilities, security threats and information privacy issues as a result of their dependence upon technology and hosting of third party private data.


RLI's coverage includes the following key features:


- First party coverage for network business interruption, data loss, crisis management and cyber-extortion.
- Third party coverage for network security, privacy, electronic media and professional liability for technology and other professional services.
- Limits up to $10 million, minimum premium of $25,000 and deductible of $25,000
To help mitigate loss exposures and provide superior service to customers, RLI has launched a private web-based portal to provide CyberSecure" policyholders with information and technical resources that can assist them in the prevention of network security and privacy breaches and support them should a breach occur. Resources available from the portal cross a broad range of disciplines, including legal/regulatory compliance, information technology (IT) security, privacy, disaster recovery/business continuity, computer forensics, forensic accounting, public relations, credit monitoring and law enforcement. The portal is powered and maintained by NetDiligence®, a leading cyber risk assessment services company.


About NetDiligence®


NetDiligence, a cyber security & e-risk assessment services company, provides due diligence products to help clients determine how well their organizations' network security and privacy practices measure up against known industry standards, as well as regulatory and insurance carrier requirements. NetDiligence supports and is endorsed by some of the world's largest network liability insurance underwriters. More information can be found at www.NetDiligence.com.


About RLI


RLI is a specialty insurance company serving "niche" or underserved markets. Its proven, superior underwriting model creates the flexibility to write unique coverages in a wide array of diverse industries. RLI's subsidiaries - RLI Insurance Company, Mt. Hawley Insurance Company and RLI Indemnity Company - are rated A+ "Superior" by A.M. Best Company and A+ "Strong" by Standard & Poor's. RLI operates in all 50 states from office locations across the country.


For additional information, contact Betty Shepherd at (908) 598-8375 or at betty.shepherd@rlicorp.com or visit the RLI EPG website at www.rli-epg.com.








RLI Corp.

Betty Shepherd

(908) 598-8375

betty.shepherd@rlicorp.com

www.rlicorp.com