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$6mm Specialty Program providing AL, APD, GL for non-emergency passenger transit accounts. The national program administrator has a dedicated office specializing in the class and utilizes a national third party claim administrator (TPA).
To achieve market stability and eliminate churning of carriers.
Strong Financial Rating: “At this time in the market cycle, program business has become an attractive alternative for carriers seeking growth, whether or not they have the capital commitment, expertise, or infrastructure to support their initiative in the long term,” commented Kevin Costello, President and Chief Operating Officer of SPARTA. “Our business model is built on a commitment to the program market, and with an A.M. Best rating of A-minus IX, $255mm of fresh capital, program management experts, and leading technology, SPARTA presents a unique value proposition.”