Five-Star Wholesale Partner: Risk Placement Services
Through a nationwide network of product and industry experts, Risk Placement Services helps support retail producers’ growth by responding to unique coverage needs. Serving more than 26,000 independent agents across the US, RPS’ binding authority offices act as an outsourced underwriting branch for a range of specialty carriers, offering local expertise with a national reach, while RPS National Brokerage helps place accounts that retail agents cannot with their standard markets, especially specialized or hard-to-place insurance. In addition, the firm’s eCommerce platform allows agents to quote, bind and issue products online within minutes. Currently, the team is innovating new products to bring to market, with professional liability for artisan contractors, real estate appraisers, registered investment advisors and allied healthcare facilities products on the horizon.
In addition, the RPS programs team is building on its position as one of the largest MGAs to launch new exclusive programs for its retail clients, including adding product and practice experts in key geographic locations to build on solutions for construction, transportation, healthcare, cyber/technology, property, environment, casualty and personal lines insurance needs.
Our mission is to anticipate and reach quickly and professionally to the needs of our clients – the retail agent and broker – and continue to build business partnerships with insurance markets that transcend traditional market cycle,” the company says. “From large, complex risks to small businesses and start-ups, RPS can be the go-to wholesale and specialty broker partner.”
- Risk Placement Services