“Our online platform allows us to bring our ‘digital-first’ mindset to our retail partners,” said Ryan Collier, chief digital officer at RPS. “Our small business platform simplifies the entire underwriting process from quoting to issuance. This means that retail brokers can spend less time on each account while still [offering] their clients high-quality LPL coverag
According to RPS, brokers and retail agents who serve "micro firms" – those with five or fewer attorneys – stand to benefit the most from the automated underwriting and online quote process.
In 39 states, including Florida, Illinois, and Texas, the LPL program is now available to quote online on an admitted basis. RPS launched the program in October in collaboration with Core Specialty Insurance Holdings and its subsidiary StarStone National Insurance Company. The program began on a non-admitted basis with the goal of eventually offering admitted coverage in the majority of states.