RT ProExec provides cutting-edge product knowledge, innovative placement methodologies, and an unparalleled level of service to our retail clients. RT ProExec’s services assist our retail clients to retain their existing clients, win new prospects, and grow their profitable Professional and Executive Liability business.
Private Company Management Liability, including:
Public Company Directors and Officers Liability (D&O), including:
Financial Institutions Management Liability, including:
Not for Profit Organization Management Liability, including:
Employment Practices Liability, including:
Fiduciary Liability, including:
Crime/Fidelity and Kidnap/Ransom
Transactional Risk / Representations and Warranties Coverage
Privacy Liability and Network Security, including:
Errors and Omissions Liability, including:
Medical Professional Liability, including:
Unlike most products in the Property and Casualty Insurance industry, Professional and Executive Liability policies are not standardized. As a result, seemingly small differences in policy language can lead to significant differences in coverage. Each policy form must be carefully reviewed and amended in order to secure a comprehensive policy which will respond appropriately in the event of a claim. Our ability to highlight coverage deficiencies (and explain the implications of those deficiencies) has greatly assisted RT ProExec’s retail partners in securing BORs – not only on the Professional and Executive Liability – but often on entire insurance programs.
In addition to the review of policy language, RT ProExec also typically reviews premium, retention, limit adequacy, and the overall program structure. Building on the reliance on publicly available sources, RT ProExec also draws extensively on our proprietary database of account-specific data and limits modeling tools.
RT ProExec’s submissions to the marketplace are designed to provide underwriters with an outline of coverage specifications, supplemented by cogent underwriting arguments and an Executive Summary. As a result of our internal pre-underwriting process, information and explanations regarding potential underwriting concerns are provided to underwriters upfront. The marketing process for both new business and renewals involves canvassing all insurers deemed viable markets for the risk at hand. The placement process is thorough, yet focused enough to quickly distinguish the underwriters who will be potential contenders for a given risk, from those who will not be competitive. RT ProExec provides a complete summary of market responses in our proposals.
RT ProExec’s approach to the marketing process yields positive results time and time again.
For each account, RT ProExec delivers an electronic, client-ready proposal that clearly outlines and discusses the viable negotiated quotations. RT ProExec’s goal is to assist decision makers in fully understanding the coverage they are purchasing. RT ProExec includes a clear and concise introduction and a summary of all the responses received during the marketing process. For insureds who want to dig deeper, we provide an in-depth, subjective discussion of key issues regarding coverage and exposures.
Everything RT ProExec does is focused on ensuring that clients’ claims are paid. RT ProExec Claims resources include two of the most experienced claims advocates in the insurance business:
Professional and Executive Liability. RT ProExec collaborates with our retail partners to produce seminars for the benefit of existing or prospective clients, and often, local centers of influence such as law firms and accountants.
RT ProExec can also work with our retail partners to design accredited CE courses for their staff.
In addition, RT ProExec is frequently invited to present at or moderate industry conferences related to Professional and Executive Liability. RT ProExec believes that the opportunity to participate in such forums reinforces our reputation as a leading force in the industry and enhances the credibility that we can share with our retail partners. For a list of seminars and speaking engagements, please visit the Speaker’s Corner.
This listing is not intended to be an all-encompassing record of capabilities, products or services, but merely a guide for representational purposes only.
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