RT Specialty expands digital platform with cyber addition

Other insurance products also in the pipeline

RT Specialty expands digital platform with cyber addition

Cyber

By Terry Gangcuangco

Ryan Specialty’s wholesale distribution division RT Specialty has expanded its RT Connector platform with the addition of cyber liability.  

The move enhances RT Connector’s capacity to offer a more comprehensive suite of coverages to retail insurance agents for their excess and surplus (E&S) small commercial business.

The proprietary platform simplifies the insurance process for agents by enabling them to obtain bindable quotes from various carriers through a single application. The tool streamlines the full process, from quote to policy issuance, making it completely automated.

According to RT Specialty, the inclusion of cyber liability further establishes RT Connector as a leading digital platform for E&S insurance solutions, offering a wide range of commercial lines spanning general liability, property, commercial package, excess liability, workers’ compensation, and the newly added cyber cover.

Looking ahead, RT Specialty plans to introduce additional management and professional liability products, along with commercial auto coverage tailored for small trucking and transportation risks, in the near future.

RT Connector also currently features integrated online payment options and premium financing, with the latter provided through Ryan Specialty’s own premium finance company, Stetson Insurance Funding.

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