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RT ProExec Distributes New Commercial Cyber Product with ClarionDoor Technology

RT ProExec, a division of RT Specialty and a leading wholesale distributor of specialty insurance products and services, introduces a new insurance product which expands the scope of cyber coverage the company is currently able to place for commercial businesses by leveraging ClarionDoor’s technology.

ClarionDoor’s Digital Distribution Suite (CD Digital Distribution Suite) provides modern rate/quote/bind, issuance, and forms management functionality, which helps property and casualty distributors rapidly improve speed to market, enhance the customer experience, and optimize distribution channels. With a deep bench of data experts, implementation times that easily beat industry norms, and real-time scalability, ClarionDoor clients achieve far more immediate improvements than competitors.

Today, individuals, small businesses, large corporations, and even cities are at risk, as evidenced by the recent ransomware attack in Texas, and yet, cyber is still an emerging and evolving market where insurers are actively trying to figure out how to provide coverage for diverse and rapidly developing risks.

“Navigating the sea of changing cyber risk is an important role for dedicated wholesale products,” said David Lazzaroni, senior vice president, professional and executive liability at RT ProExec. “The islands of protection and expert brand response are critical to protect a company’s balance sheet in the event of a cyber hurricane.”

“It’s exciting when our clients deliver entirely new products into the market,” said Michael DeGusta, CEO at ClarionDoor. “Although cyber security has been around for about 20 years, the impact today is broader than ever before – it affects us all. Being chosen by RT Specialty reinforces that our products and technology are meeting the ever-growing needs of the insurance industry.”

For more information, visit the company website at www.clariondoor.com


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