Commitment to the Market. SPARTA's exclusive practice is underwriting ART and Specialty business for the unbundled program marketplace. It was created to provide a long-term solution for program administrators and customers who seek stability and control for their insurance placement, unimpeded by market cycles, corporate channel conflicts and organizational strategic shifts.
Broad Product Capability. SPARTA offers program administrators and customers a wide range of structural, coverage, risk retention and price alternatives along the risk assumption continuum from guaranteed cost, to quota share, to full captive. This flexibility increases alternatives available to producers seeking to place their business throughout the lifetime of a program.
Expertise. SPARTA's ability to deliver for its program administrators and customers is backed by a team of professionals highly experienced in executing the unbundled program business model who add knowledge, judgment and value to business relationships.
Technology Platform. SPARTA provides a state of the art, web-based policy rating and issuance system in a real-time architecture specifically designed for the program business model that promotes ease of doing business, speed to market, oversight and control.
Unencumbered Balance Sheet. SPARTA's balance sheet is unencumbered by historical issues including impaired investments, prior years reserve development and catastrophic loss exposures.