Rt Specialty: Insurance Carrier?

RT Specialty is a wholesale distributor of specialty insurance products and services. It is the wholesale broking specialty for Ryan Specialty, an international holding company that specialises in wholesale brokerage. RT Specialty provides insurance products and services across a range of sectors, including property, casualty, professional lines, transportation, personal lines and workers' compensation. The company acts as an intermediary between insurance carriers and retail brokers, distributing insurance products to the latter. RT Specialty is known for its entrepreneurial spirit, advanced risk modelling, market access and claims advocacy, and is dedicated to providing expert advice and solutions to its clients.

RT Specialty's services

RT Specialty is a leading wholesale distributor of specialty insurance products and services. It is the wholesale broking specialty for Ryan Specialty. RT Specialty's specialist brokers handle a diverse mix of insurance products, including property, casualty, professional lines, transportation, personal lines, and workers' compensation insurance. They serve as an intermediary between insurance carriers and retail brokers, providing efficient variable-cost distribution across all 50 states through their extensive relationships with retail brokers.

RT Specialty aims to provide top-notch services and responsive care to their clients, which include retail agents, brokers, and insurance carriers. They achieve this through a combination of entrepreneurial spirit, advanced risk modelling, market access, and claims advocacy. The company culture is built on talent, innovation, and execution, with a strong emphasis on collaborative teamwork among brokers, agents, and carriers.

RT Specialty offers several services to support their clients' needs. RT Binding, their multi-line operation, provides small-to-medium binding placements and programs on a national basis. Their underwriters work to quickly secure coverage for their clients' insurance needs, regardless of the complexity of the risk. RT Connector, RT Specialty's proprietary Digital Marketplace for Commercial E&S Business and Cyber Liability, streamlines the coverage process while providing top-rated market access and harnessing robust third-party tools. This empowers RT Specialty's contracted retail agents to excel without sacrificing due diligence, time, or profitability.

Additionally, RT Specialty employs a team of talented and motivated claims professionals who assist clients with all claims issues. They also offer premium finance solutions through Stetson Insurance Funding. Overall, RT Specialty is dedicated to providing lightning-fast, expert advice, advocacy, and execution on behalf of their retail broker clients, regardless of account size.

RT Specialty's brokers

RT Specialty is a leading wholesale distributor of specialty insurance products and services. It is the wholesale broking specialty for Ryan Specialty. RT Specialty's specialist brokers handle a wide range of insurance products, including property, casualty, professional lines, transportation, personal lines, and workers' compensation insurance. They work with both insurance carriers and retail brokers to provide optimal innovative solutions for their clients' most complex insurance needs.

RT Specialty combines its entrepreneurial spirit with advanced risk modelling, market access, and claims advocacy to provide excellent solutions for its clients. The company is built on a foundation of talent, innovation, and execution, with a belief that clients are best served by a team of professionals who work collaboratively and collectively through meaningful teamwork among brokers, agents, and carriers.

RT Specialty's clients

RT Specialty is a leading wholesale distributor of specialty insurance products and services. It is the wholesale broking specialty for Ryan Specialty. RT Specialty's brokers handle a diverse mix of insurance products, including property, casualty, professional lines, transportation, personal lines, and workers' compensation insurance. They work with retailers and carriers to provide innovative solutions for their clients' complex insurance needs.

RT Specialty's services are designed to provide quick and efficient solutions for their clients' insurance needs. Their multi-line operation, RT Binding, offers small-to-medium binding placements and programs nationally, with underwriters authorised to secure coverage regardless of the complexity of risk. Additionally, RT Connector, their digital marketplace for Commercial E&S Business and Cyber Liability, streamlines the coverage process and provides top-rated market access to their contracted retail agents.

RT Specialty also employs a team of talented claims professionals to assist clients with all claims issues. They are committed to providing excellent service, utilising their entrepreneurial spirit, advanced risk modelling, market access, and claims advocacy to meet their clients' needs.

RT Specialty's acquisitions

RT Specialty is a leading wholesale distributor of specialty insurance products and services. It is the wholesale broking specialty for Ryan Specialty. Its specialist brokers handle a wide range of insurance products, including property, casualty, professional lines, transportation, personal lines, and workers' compensation insurance.

RT Specialty acts as an intermediary between insurance carriers and retail brokers, who deal directly with insured parties. It provides insurance carriers with efficient variable-cost distribution across all 50 states through its extensive relationships with retail brokers.

RT Specialty has made several acquisitions to expand its business. Here is a detailed overview of its notable acquisitions:

Acquisition of LoVullo Associates, Inc.

RT Specialty's acquisition of LoVullo Associates, Inc. was announced on March 30, 2017, and marked the establishment of the RT Specialty Buffalo, NY office. LoVullo Associates, founded in 1949, was a prominent wholesale broker serving over 1,200 independent brokers in the Northeast region and employing more than 100 people in the Buffalo area. This acquisition strengthened RT Specialty's distribution and presence in the Northeast, providing additional product lines and bolstering its binding authority and broking business.

RT Binding

RT Binding is a multi-line operation that provides small-to-medium binding placements and programs on a national scale. It is designed to provide quick solutions to clients' insurance needs, regardless of the complexity of the risk.

RT Connector

RT Connector is RT Specialty's proprietary Digital Marketplace for Commercial E&S Business and Cyber Liability. It streamlines the coverage process, enhances market access, and empowers RT Specialty's contracted retail agents to work efficiently without sacrificing due diligence or profitability.

RT Specialty's company structure

RT Specialty is a leading wholesale distributor of specialty insurance products and services. It is the wholesale broking specialty for Ryan Specialty. The company combines an entrepreneurial spirit with advanced risk modelling, market access, and claims advocacy to provide solutions to clients. RT Specialty acts as an intermediary between insurance carriers and retail brokers.

RT Specialty's brokers handle a diverse mix of insurance products, including property, casualty, professional lines, transportation, personal lines, and workers' compensation insurance. The company's brokers are specialists in their field, providing creative solutions to retail brokerage firms. RT Specialty's brokers work collaboratively with agents and carriers to provide innovative solutions to complex insurance needs.

The company's differentiator is its people, with some of the highest-quality brokers in the wholesale sector. RT Specialty's brokers work tirelessly with their clients to ensure optimal solutions to risks. The company emphasises execution, backed by strong relationships, resources, and trust in the marketplace. RT Specialty delivers measurable value to the insurance industry through a national wholesale brokerage platform with offices across the United States.

RT Specialty's structure allows its employees to take appropriate risks, be decisive, and succeed based on their initiative and hard work. The company encourages creativity and embraces challenges, confident in its ability to find ideal solutions. The corporate officers' strong work ethic permeates throughout the firm, with employees working alongside their retail clients.

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