Reinsurance News

RT Specialty appoints Seth Johnson President of Binding Authority

17th September 2020 - Author: Charlie Wood

RT Specialty, the wholesale brokerage unit of Ryan Specialty Group, has appointed Seth Johnson president of RT Binding Authority.

Seth JohnsonEffective January 1, Johnson will succeed Scott H. Smith, who announced his intent to retire at the end of 2019.

Johnson is currently president of RT Specialty – Atlantic, having joined the company following the acquisition of Atlantic Specialty Lines (ASL), where he was the Chief Operating Officer.

Commenting on his appointment, Johnson said, “I am extremely honored and humbled to be asked to lead RT Binding.

“RT is comprised of the best, most intelligent, motivated insurance professionals in the business. I’ve enjoyed working with Scott Smith and look forward to transitioning RT Binding with his excellent insights and wisdom.

“Scott is highly respected throughout the industry and has developed RT Binding to be a nearly $2 Billion business. I look forward to expanding on what I believe to be the best binding authority platform in the industry.”

Tim Turner, Chairman & CEO of RT Specialty, added, “Since joining RT over a year ago, Seth has shown great leadership, strong underwriting skills and a profound understanding of the binding authority business.

“Seth has built exceptional, high performing, client-centric teams and is the perfect choice to lead RT Binding into the future.”

Scott H. Smith noted, “Seth is the best candidate and an outstanding choice to take RT Binding into the future.

“Seth’s entire career has been in the MGA business and his proven leadership skills have prepared Seth to lead the 45+ RT Binding offices across the country and developed his strategic vision. RT Binding Authority is in excellent hands with Seth as I know he will do an exceptional job.”

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