RT Specialty
- Company typePrivate
- Founded2010
- HeadquartersChicago, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
RT Specialty firmographics
Firmographics- Name
- RT Specialty
- Legal name
- RSG Specialty, LLC
- Website
- https://rtspecialty.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
RT Specialty industry classification
Industry- Product category
- Wholesale Insurance Brokerage
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)
- akta.pro secondary industry
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
Keywords
Where RT Specialty is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
RT Specialty business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Commission Revenue: RT Specialty receives commissions or fees paid by an insurer for placing individual insurance policies. Some insurers agree to pay additional compensation based on annual volume, profit sharing, or other metrics in addition to fees and/or commission for placing individual insurance policies.
- Client Fees: Fees paid by a client in lieu of, or in addition to, commissions. RT Specialty or its affiliates may also receive commissions or fees paid as an underwriting manager, reinsurance intermediary, premium finance company, claims adjuster, consultant, or service provider.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
RT Specialty product offering
Product offeringCore offering
RT Specialty is an independent wholesale insurance brokerage that distributes specialty insurance products and services to retail brokers and agents across the United States. The firm places complex and non-standard risks through its national wholesale brokerage platform covering 20+ specialty lines including property, casualty, professional and executive liability, transportation, workers' compensation, cyber, marine, surety, and public entity, on both open market and delegated authority bases. Operations are supported by RT Binding Authority for small-to-medium binding placements and the proprietary RT Connector digital marketplace enabling real-time bindable quotes across 25+ carriers.
Product overview
RT Specialty is a wholesale distributor of specialty insurance products and services operating as the wholesale brokerage specialty of Ryan Specialty (NYSE: RYAN). The company operates a platform-plus-services model combining digital technology with expert brokerage. The core product portfolio includes wholesale brokerage across 20+ specialty lines (Property, Casualty, Personal Lines, Professional & Executive Liability, Transportation, Workers' Compensation, Cyber, Marine, Surety, Environmental & Construction Professional, Transactional Risk, Public Entity, and sector-specific specialties), supplemented by RT Binding Authority for small-to-medium binding placements nationwide, and RT Connector as the digital marketplace platform enabling real-time bindable quotes from 25+ carriers across 8 lines of business. The company positions itself as a critical intermediary between insurance carriers and retail brokers, providing creative solutions through specialist brokers and underwriters.
Differentiator
Problem solved
Functional benefit
Brands
- RT Connector: Digital marketplace platform for wholesale insurance enabling retail agents to quote, bind, and manage specialty insurance through a streamlined digital experience
- RT Binding Authority
- RT ProExec
- Stetson Insurance Funding
- Ryan Specialty University
Products and services
- RT Specialty Property Wholesale property insurance brokerage handling catastrophe-exposed property, specialized risks, and standard property coverage for retail brokerage firms.
- RT Specialty Casualty Wholesale casualty insurance brokerage services including general liability, professional liability, and excess coverage solutions.
- RT Specialty Personal Lines / Private Client Wholesale personal lines insurance brokerage including high net worth and ultra-high net worth personal lines, private client coverage, farm and ranch, and habitational risks.
- RT ProExec (Professional & Executive Liability) Wholesale brokerage handling D&O, E&O, cyber liability, and management liability products for financial institutions, IPOs, publicly traded companies, and other complex management liability exposures.
- RT Specialty Transportation Wholesale transportation insurance brokerage covering trucking, motor truck cargo, auto liability, and related commercial auto coverages.
- RT Specialty Workers' Compensation Wholesale workers' compensation insurance brokerage with broad appetite for underserved classes, multi-state capabilities, and 300+ classes available for quoting, with national and regional underwriting expertise.
- RT Specialty Cyber Wholesale cyber insurance brokerage providing coverage for ransomware, breach response, cyber crime, and business income with $3M capacity across hundreds of eligible classes.
- RT Specialty Accident & Health Wholesale accident and health insurance specialty brokerage services.
- RT Specialty Marine Wholesale marine insurance brokerage covering ocean cargo, inland marine, and related maritime coverages.
- RT Specialty Surety Wholesale surety bond brokerage services.
- RT Specialty Transactional Risk Wholesale transactional risk insurance brokerage for mergers, acquisitions, and other corporate transactions.
- RT ECP (Environmental & Construction Professional) Wholesale environmental and construction professional liability insurance brokerage services.
- Public Entity Casualty Program Public entity insurance program offering comprehensive casualty solutions for municipalities, educational institutions, and special service districts, with liability coverage up to $5,000,000 per occurrence, flexible structures including follow-form excess, retained limits, and reinsurance options, supported by an AM Best 'A X' rated carrier.
- RT Binding Authority Multi-line binding authority operation providing small-to-medium binding placements and programs on a national basis; underwriters provide solutions with authority enabling quick turnaround to secure coverage regardless of risk complexity. One of the largest binding authority platforms in the nation.
- RT Connector Cutting-edge digital marketplace and self-service platform enabling retail agents to quote, bind, and manage specialty insurance through a streamlined experience. Offers real-time bindable quotes across 25+ carriers and 8 lines of business including General Liability, Commercial Package, Property, Cyber, Excess Liability, Workers' Comp, Truckers, and Commercial Package, with smart document upload, integrated digital signatures, and robust API capabilities.
- Stetson Insurance Funding (Premium Finance) Premium finance solutions providing clients flexible financing options for insurance premiums.
Quantifiable outcome
- RT Connector enables quote-to-bind in approximately 10 minutes, streamlining the specialty insurance transaction process.
- +1 more outcomes
Companies that use RT Specialty
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
RT Specialty technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
RT Specialty partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Stewart Specialty Risk Underwriting Ltd.coreRyan Specialty signed a definitive agreement to acquire Stewart Specialty Risk Underwriting Ltd., a Toronto-based managing general underwriter specializing in large-account high-hazard property and casualty. The acquisition represents a strategic expansion of Ryan Specialty's underwriting management capabilities.
- Aspen Insurance GroupminorRyan Specialty expanded its underwriting partnerships to include Aspen Insurance Group, as reported in the October 2025 internal newsletter, strengthening carrier relationships in the specialty insurance market.
- J.M. Wilson CorporationcoreRyan Specialty completed the acquisition of J.M. Wilson Corporation, a Michigan-based binding authority operation that became part of RT Binding Authority. The acquisition strengthens Ryan Specialty's binding authority capabilities as one of the largest binding authority platforms in the nation.
- Private Client Select Insurance Services LLC (PCS)coreRyan Specialty entered into a distribution trading partnership with Private Client Select Insurance Services LLC (PCS), making Ryan Specialty the exclusive wholesale broker for PCS in US high and ultra-high net worth markets. Jason Lentz was promoted to President of RT Specialty High Net Worth to oversee expansion of the division's high net worth and ultra-high net worth personal lines practice.
- Bold PenguincoreBold Penguin announced a collaboration with RT Specialty to expand E&S commercial insurance policy offerings through their Terminal carrier platform, integrating RT Connector to provide agents with additional coverage options. The partnership addresses the growing demand for E&S insurance, improving operational efficiency for agents and providing business owners access to specialized coverage.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
RT Specialty competitors and assessment
Company assessmentDirect peers
- Brown & Riding: Brown & Riding is an independent wholesale insurance brokerage focused on specialty and E&S lines. It overlaps RT Specialty on large, complex property/casualty placements and shares the relationship-driven broker model.
- Amwins: Amwins is a major wholesale broker, MGU, and specialty underwriter with deep E&S relationships and broad specialty lines. It competes head-to-head with RT Specialty across property, casualty, professional lines, and binding authority placements.
- Burns & Wilcox: Burns & Wilcox is a national wholesale insurance broker and MGA serving retail agents with specialty and surplus lines. It mirrors RT Specialty's wholesale distribution model across personal, commercial, and professional specialty lines.
- CRC Group: CRC Group is one of the largest U.S. wholesale insurance brokers, specializing in E&S and specialty lines for retail agents. It is the most direct competitor to RT Specialty in scale, product breadth, and go-to-market focus, and is even named in RT Specialty's customer awards.
- RPS (Risk Placement Services): RPS is a large national wholesale insurance broker and binding authority operator, closely comparable to RT Specialty's RT Binding Authority. Both focus on placing E&S risks on behalf of retail agents across the U.S.
Broad incumbents
- IMA Financial Group: IMA Financial Group is a national insurance and risk management firm with wholesale and specialty brokerage capabilities. It competes with RT Specialty on specialty placement and binding authority while also serving broader commercial lines.
- Marsh: Marsh is a global insurance brokerage and risk advisory giant whose wholesale and specialty operations (including Bowring Marsh) overlap with RT Specialty's large-account property, casualty, and placement services. It is a much broader incumbent with international reach.
- Acrisure: Acrisure is a fast-growing, private equity-backed insurance brokerage platform offering retail, wholesale, and specialty solutions. Its growth-by-acquisition model and specialty focus make it a structural competitor to RT Specialty's consolidation strategy.
- Alliant Insurance Services: Alliant is a large national insurance brokerage offering retail, wholesale, and specialty services. While broader than RT Specialty, Alliant's specialty and binding authority units compete for many of the same retail broker relationships and E&S placements.
- Aon: Aon is a global professional services firm with substantial reinsurance and specialty brokerage operations. It overlaps RT Specialty in reinsurance intermediation and large specialty placements, though it operates at vastly larger and more diversified scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
RT Specialty social profiles
Digital presenceRT Specialty compliance and trust
Trust signalCompliance3 records
RT Specialty financial estimates
Financial estimateRevenue estimate
Valuation estimate
RT Specialty leadership team
Management profileNumber of profiles
Profiles17 records
RT Specialty subsidiaries and ownership
Company hierarchySubsidiaries8 records
RT Specialty funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RT Specialty M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RT Specialty
What does RT Specialty do?
RT Specialty is an independent wholesale insurance brokerage that distributes specialty insurance products and services to retail brokers and agents across the United States. The firm places complex and non-standard risks through its national wholesale brokerage platform covering 20+ specialty lines including property, casualty, professional and executive liability, transportation, workers' compensation, cyber, marine, surety, and public entity, on both open market and delegated authority bases. Operations are supported by RT Binding Authority for small-to-medium binding placements and the proprietary RT Connector digital marketplace enabling real-time bindable quotes across 25+ carriers.
Is RT Specialty a public or private company?
RT Specialty is a private company. It is classified as corporate owned and is currently operating.
When was RT Specialty founded?
RT Specialty was founded in 2010. It employs 501 to 1,000 people.
Where is RT Specialty based?
RT Specialty is headquartered in Chicago, United States, in the North America region.
How does RT Specialty make money?
Two revenue lines are on record. Commission Revenue is the primary driver. The others are client Fees.
Who are RT Specialty's main competitors?
Direct peers on record are Brown & Riding, Amwins, Burns & Wilcox, CRC Group and RPS (Risk Placement Services). Broad incumbents are IMA Financial Group, Marsh, Acrisure, Alliant Insurance Services and Aon.
Does RT Specialty have an API?
Yes. RT Connector offers robust API capabilities for integration with client platforms and carrier sites, enabling streamlined submissions and faster turnaround. The platform supports API integrations as documented on the RT Connector API capabilities page. Smart referrals to RT Specialty underwriters and brokers are automated for out-of-appetite risks. Developer documentation is at rtspecialty.com/sheet/rt-connector-api-capabilities.
What industry is RT Specialty in?
RT Specialty's product category is Wholesale Insurance Brokerage. Its primary akta.pro industry code is FSAEADAD, Wholesale Insurance Brokerage (Excess & Surplus Lines), with a secondary code of FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines). Its NAICS code is 5242 and its SIC code is 6411.