28 February 2024news

RT Specialty adds cyber liability to digital platform

RT Specialty, the wholesale distribution division of Ryan Specialty, has added cyber liability to its proprietary digital platform, RT Connector.

The company said 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 is now included in the proprietary digital offering and positions the RT Connector as the premier digital platform for bindable E&S solutions in the industry. 

Other management and professional liability products are expected to launch in the coming months, as well as commercial auto products for small trucking and transportation risks, Ryan Specialty said.

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.

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