Richmond National Group is a specialty insurer that underwrites a range of property, casualty and professional liability products focused on small and mid-sized businesses within the excess & surplus (E&S) lines. Its E&S focus lets underwriters craft customised policies to meet specific client risk-management needs. Distribution is handled through appointed surplus lines brokers, and the company is authorised to conduct business throughout the US. Headquartered in Richmond, Virginia, the firm was founded in 2021 and emphasizes a wholesale brokerage-focused model. Management says the new capital will support continued growth and the company’s ongoing market momentum. The company has raised common equity capital multiple times as it scales its underwriting platform.

Total raised

$55M

Funding rounds

1

Latest round

Equity

Latest activity

May 2024