Richmond Nationwide establishes E&S unit – Enterprise Insurance

Richmond National Group Inc. announced Friday that it has established Richmond National Insurance Co., a specialty excess and surplus insurance unit backed by a group of investors, including its senior management team, with more than $ 70 million in capital will.

Richmond National Group, based in Richmond, Virginia, said the new insurer specializes in writing hard-to-place risk for small and medium-sized businesses.

It covers the lines of general liability, contractor liability, surplus liability, commercial real estate, inland shipping, professional liability and small business package.

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