RT Specialty Introduces Public Entity Casualty Program

RT Specialty Introduces Public Entity Casualty Program


APRIL 24, 2025 | CHICAGO, IL –
RT Specialty, a leading wholesale distributor of specialty insurance products and services and the wholesale broking specialty of Ryan Specialty (NYSE: RYAN), is pleased to introduce the Ryan Specialty Public Entity Casualty Program (“RSPE”). This initiative aims to tackle the ongoing challenges encountered by public entities by offering innovative and comprehensive insurance solutions that merge exceptional expertise with adaptable coverage options. With this new program, RT Specialty expands its role as a preferred trading partner in the marketplace for municipalities, educational institutions and special service districts, highlighting its dedication to addressing the complexities of an evolving risk landscape.

Launched at a pivotal moment for public entities—an area known for its limited risk transfer solutions—this program responds to the well-recognized difficulties these organizations face in securing tailored solutions that fit their sophisticated needs. Supported by an AM Best “A X” rated carrier and a sophisticated panel of global reinsurers, RSPE provides flexible structures and stability for municipalities, educational institutions, and beyond.

“This program positions us as a new market leader alongside established carriers in the public sector,” stated Chris Connacher, RT Specialty Senior Vice President of Public Entity. “By incorporating this program into newly created RT Specialty-embedded facilities, we are equipping our clients who represent public entities with a streamlined coverage placement solution that meets the growing need for extensive and innovative risk management strategies.”

Program highlights include:

  • Robust coverage: Liability coverage up to $5,000,000 per occurrence, which is available as follow-form excess, retained limits or reinsurance
  • Customizable options: Can consider a wide variety of attachments and structural features, like annual aggregate deductibles and aggerate stop losses to achieve premium targets
  • Diverse classes consideration: Covers municipalities (cities, counties, towns and villages), public schools, community colleges, special service districts and transit authorities
  • Eligibility criteria: Designed for pools and individual risks, with a minimum SIR of $100,000 and minimum premium of $125,000 per account.

Chris Connacher can be reached at c.connacher@rtspecialty.com or (440) 590-3159.

 

About RT Specialty

RT Specialty is a leading wholesale distributor of specialty insurance products and services and the wholesale broking specialty of Ryan Specialty. The firm’s specialist brokers and underwriters handle an expansive mix of property, casualty, professional lines, transportation, personal lines and workers’ compensation insurance products, on both an open market and delegated authority basis. RT Specialty’s entrepreneurial spirit is combined with advanced risk modeling, market access and claims advocacy to provide excellent solutions to its clients. Regardless of account size—big or small—RT Specialty is dedicated to providing lightning fast, expert advice, advocacy and execution on behalf of our retail broker clients. Learn more at rtspecialty.com.

About Ryan Specialty

Founded in 2010, Ryan Specialty is a service provider of specialty products and solutions for insurance brokers, agents, and carriers. Ryan Specialty provides distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter with delegated authority from insurance carriers. Our mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents and carriers. Learn more at ryanspecialty.com.

For media inquiries, please contact:

Alice Phillips Topping
Chief Marketing & Communications Officer
Ryan Specialty
Alice.Topping@ryanspecialty.com
(312) 635-5976

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