Richmond National Group Inc.

About Richmond National Group Inc.

Richmond National is an excess and surplus lines insurance company that specializes in underwriting property, casualty, and professional liability risks for small and mid-sized businesses. They focus on providing tailored insurance solutions and innovative coverage for niche markets that are often avoided by standard insurance markets, distributed exclusively through appointed surplus lines brokers across the country and in the District of Columbia.

Products & Services

General Casualty:Coverage for general casualty risks for businesses.

Small Business General Casualty:Tailored casualty coverage for small businesses.

Contractors Casualty:Casualty insurance for contractors.

Excess Casualty:Additional casualty coverage beyond primary policies.

Products Liability:Coverage for liability arising from products.

Professional Liability:Insurance for professional services risks in targeted industries.

Public Entity:Coverage for public entity risks.

Allied Healthcare:Insurance for allied healthcare providers.

Management Liability:Coverage for management-related liabilities.

Commercial Property:Insurance for a wide range of commercial property risks difficult to place in standard markets.

Specialties

Excess and Surplus Lines Property Insurance Casualty Insurance Professional Liability Insurance Small and Mid-Sized Business Coverage Niche Market Solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Follow-on Equity T: - FT: Follow-on Equity	A: 55000000 MR: - FA: $55 million FAN: 55000000	D: 2025-03-25 FD: 2025-03-25	4 investors
2	RT: Follow On Equity T: - FT: Follow On Equity	A: 55000000 MR: - FA: $55 million FAN: 55000000	D: 2025-03-25 FD: 2025-03-25	4 investors
3	RT: Equity T: - FT: Equity	A: 55000000 MR: - FA: 55 million FAN: 55000000	D: 2024-05-20 FD: 2024-05-20	4 investors
4	RT: Follow-on Equity T: - FT: Follow-on Equity	A: 30000000 MR: - FA: more than $30 million FAN: 30000000	D: 2023-04-03 FD: 2023-04-03	4 investors

Follow-on Equity Latest

2025-03-25

$55.0M

4 investors (Pro only)

Follow On Equity 2025-03-25

$55.0M

Equity 2024-05-20

$55.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

A

A. Wellford Tabor

Chairman

J

Joe Kavanagh

Director, President & Chief Executive Officer

N

Nora N. Crouch

Director, CPA, CPCU

B

Bob Hitch

Director

T

Trey Sheridan

Director

C

Charles Slatery

Director

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