RT Specialty expands digital solutions for small commercial business with RT Connector
RT Specialty, the wholesale distribution division of Ryan Specialty , an international specialty insurance firm, announced its continued expansion of RT Connector, which provides digital solutions for the small commercial market segment.
RT Connector allows retail insurance agents to efficiently access multiple lines of coverage from multiple carriers for their E&S small commercial business. Through one single, streamlined application, RT Connector offers bindable quotes from multiple carriers and will issue policies with the click of a button; the end-to-end process is fully automated. Lines of commercial business offered within RT Connector currently include General Liability, Property, Commercial Package, Excess Liability and Workers’ Compensation. Cyber Liability and other professional products are expected to launch in the coming months, as well as Commercial Auto for small trucking risks.
“RT Specialty continues to meet our retail clients where they want to be met and in the manner through which they’d like to transact business. We have enhanced our service offerings by weaving in our digital capabilities to our RT Specialty platform. Retailers are seeking more efficient, automated ways of securing E&S solutions for this critical market segment, and it’s been validating to see our strategic first-mover investments coming to fruition with the efficient solutions we offer through our RT Connector platform.” – Tim Turner, Chairman & CEO of RT Specialty.
Along with automated bindable quotes and immediate policy issuance, online payment options as well as premium financing are integrated into RT Connector, with the premium finance offering through Ryan Specialty’s premium finance company, Stetson Insurance Funding.