RT Specialty , a wholesale distributor of specialty insurance products and services and the wholesale broking specialty of Ryan Specialty, has promoted Greg Provenzo to Director, London Markets & Delegated Authority.
In his new position, and as part of the RT Binding Authority leadership team, Provenzo will provide strategic leadership and operational oversight for RT Binding Authority’s London Markets commercial business.
He will focus on driving profitable growth by managing Syndicate and carrier relationships, refining underwriting strategies, and guiding delegated authority portfolios, while serving as a primary bridge between production teams and London markets.
Provenzo brings over two decades of experience London Market underwriting and broking to the role, along with a deep understanding of Lloyd’s of London Syndicates and delegated authority business.
The executive also has a proven track record of managing large-scale commercial portfolios and driving multi-channel business development.
Prior to his promotion, he served as President of the RT Richmond office, and he will relinquish this role to Dave Adcock, with whom he had shared that position.
“Greg’s promotion reflects his proven ability to build strong Syndicate relationships and drive profitable growth as we continue to expand our relationship with London. Greg’s expertise in delegated authority and underwriting strategy will build on the very strong foundation between our production teams and London markets,” said Seth Johnson, CEO, RT Binding Authority.
Commenting on his new appointment, Provenzo, added: “I am honoured to join the RT Binding Authority leadership team and excited for the opportunity to lead the RT Binding London platform.
“It is a privilege to represent our London syndicates, and I look forward to building on our strong relationships while supporting RT Specialty’s continued growth and success alongside our RT Binding leaders and valued retail agencies.”
