Richard Betts
About Richard Betts
Richard Betts serves as the Bond Surety Director at RLI Corporation, where he oversees contract surety bonds across Mississippi, Alabama, Louisiana, and Arkansas. He has extensive experience in the insurance industry, having previously held managerial positions at Liberty Mutual Insurance and Ohio Casualty Group.
Work at RLI
Richard Betts serves as the Bond Surety Director at RLI Corporation, a position he has held since 2011. In this role, he collaborates with independent insurance agencies to produce and underwrite contract bonds. His responsibilities include overseeing contract surety bonds across four states: Mississippi, Alabama, Louisiana, and Arkansas. Betts focuses on expanding RLI's operations within the contract surety bond market, contributing to the company's growth and presence in the region.
Previous Experience in Bond Management
Before joining RLI Corporation, Richard Betts worked as a Bond Manager at Liberty Mutual Insurance from 2007 to 2011. He also held the position of Bond Manager at Ohio Casualty Group for 15 years, from 1992 to 2007. His extensive experience in bond management has equipped him with the skills necessary to navigate the complexities of the surety bond industry.
Education and Expertise
Richard Betts studied at Baker University, where he earned a Bachelor of Business Administration (B.B.A.) degree. His studies in Business/Commerce spanned from 1977 to 1981. This educational background provides him with a solid foundation in business principles, which he applies in his current role in the bond surety sector.
Background
Richard Betts has a long-standing career in the insurance industry, particularly in the bond management sector. His professional journey includes significant roles at various companies, where he has developed expertise in underwriting and producing contract bonds. His work has primarily focused on the southeastern United States, where he has built relationships with independent insurance agencies.