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$25mm Multi-line (AL, GL, WC) Alternative Risk Program with a quota share captive participation concentrated in mid-Atlantic and southeastern states and managed by a Program Administrator with an existing national claim provider. Targeted classes include service and trade contractors.
To find a company to set up a structure within which they can quota share their business.
Developing the Risk Sharing Structure Right for the Customer:
“SPARTA was created to provide an array of options for program sponsors and managers to participate in their underwriting results and migrate across the risk sharing continuum to increased levels of participation as they become comfortable with assuming risk,” stated Martin Hughes, Chief Underwriting Operations Officer. “Our team is versed in the dynamics that drive customer decision making in this regard and strive to create structures that strike the correct balance for customer and company with an eye toward long-term partnership,” he added.