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Richmond National
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Richmond National

https://richmondnational.com/
Last activity: 04.06.2024
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Categories: BrokerBusinessIndustryInsurTechManagementMarketProductPropertySpecialtyTechnology
Richmond National is a specialty property & casualty insurance company focused on providing insurance to small and mid-size businesses that are unable to find coverage in the standard insurance market. We operate exclusively within the excess & surplus lines market, which provides our underwriters flexibility to develop highly tailored policies to best meet the insurance needs and risk management objectives of our customers. We work with a select group of appointed wholesale brokers that are deeply familiar with our insurance products and our underwriting appetite in the areas in which we focus. We believe that our wholesale broker partners value access to carriers that are consistent, stable sources of wholesale-only E&S capacity that can respond quickly to opportunities. Our company was formed by a group of highly experienced industry professionals, many of whom have worked for some of the most successful E&S carriers in the industry. Members of our management team have also been responsible for the formation or capitalization of several successful startup and early stage specialty insurance companies. We have adopted the best practices of the specialty insurance companies we have been involved with over the last 25 years while also incorporating the use of modern, cloud-based technology to help drive efficiency across our business in order to better serve our customers and business partners.
Followers
1.48K
Website visits
2.6K /mo.
Mentions
3

Overview

Location
United States, Virginia, Short Pump
Employees
51-200
Total raised
$30M
Founded date
2021

Funding Rounds 1

DateSeriesAmountInvestors
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Mentions in press and media 3

DateTitleDescription
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Jun 4, 2024Richmond National raises $55 millionSpecialty P&C insurer Richmond National Richmond National Founded: 2021 Headquarters: Richmond, Virginia, United States Total Funding: $210M See full company profile "> announced the closing of an oversubscribed equity capital r...
Richmond National“Richmond National – Confidence in Coverage”

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FAQ about Richmond National

When was Richmond National founded?

Richmond National was founded in 2021.

How much funding has Richmond National raised?

Richmond National has raised $30M in total across 1 funding round.

What has the press written about Richmond National?

Parsers VC has collected 3 articles mentioning Richmond National, among them “Richmond National raises $55 million” (Jun 4, 2024) and “Richmond National”.

Is Richmond National still active?

Yes, Richmond National is active; its latest activity on Parsers VC dates from Jun 4, 2024.