Products
Summary
SPARTA provides the "middle-market" a single source solution for ART and Specialty programs managed on an unbundled basis.
Typical offerings include:
- Policy limits of $1 million for automobile and general liability
- Policy limits up to $5 million for property
- Statutory policy limits for workers compensation
- Aggregate limits up to $5 million
- ART program risk attachment points up to $500,000 and aggregate attachment points of 175% of expected losses
- SPARTA's product forms are based upon standard industry terms and conditions. Subject to individual state regulatory approvals, it offers Insurance Service Offices, Inc. ("ISO") forms for commercial automobile, general liability and property, and National Council on Compensation Insurance, Inc. ("NCCI") and independent bureau forms for workers' compensation.
Typical program profile includes:
- Program size of $10 to $15 million
- Homogeneous risks organized regionally
- Class codes in hazard groups II & III
