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SPARTA Actuarial: The Silent Service Surfaces

23 Jun 2010: The prolonged soft market and the macro economic environment in which it has endured have conspired to create tremendous challenges for growth and profitability objectives in the property and casualty insurance industry.

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SPARTA's "Field of Dreams" Strategy: Build It and They Will Come

29 Mar 2010: SPARTA Insurance had the unique opportunity as a start up company to build a policy administration infrastructure specifically designed to meet the needs of the insurance program marketplace. Senior Vice President, Enrico Ferrante, reflects on the key influences.

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Policy Administration Systems: Building Value Over Time

28 Mar 2010: Licensing, implementing and deploying a new policy administration system is often the biggest, most complex and most costly technology initiative that a property/casualty insurer can undertake. This report describes the challenges an insurer faces in mastering the complexities of a new modern policy administration system, and using such a system's capabilities to achieve its corporate objectives.

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A Competitive Advantage In Any Market Cycle

01 Dec 2009: Captives and similar alternative risk transfer structures have proven to be resilient and effective solutions that provide a competitive advantage to their owners and insured members in any cycle... SPARTA's Chief Marketing Officer, Brian First, outlines the captive competitive edge in this article published in Cayman Captive magazine (December 2009).

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Creditworthiness: Renewing An Old Reality

01 Oct 2009: The recent financial problems caused by the historic and unsustainable levels of American debt were made possible by the advent of easy credit and the voracious appetite for goods and services by the American consumer...See the full article by SPARTA's Chief Credit Officer, Scott McKay, as it appeared in Captive Insurance Company Reports (October 2009).

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SPARTA Technology

12 May 2009: It is a CIO’s dream to create the technology infrastructure for a new organization.

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Group Captive Demands in a Dynamic Market

28 Apr 2009: As an underwriting and marketing professional focused on the group captive market, I continue to witness some of the change in dynamics that emerge with the ebbs and flows of the insurance cycle. And having recently participated in a host of annual captive industry conferences and group captive board meetings representing SPARTA Insurance Company, two trends are apparent to me.

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SPARTA Financial Strength

05 Dec 2008: The storm buffeting the financial world has debunked many notions and much of the conventional wisdom about what constitutes financial strength. Swift and catastrophic failures, government bailouts and plummeting stock prices of household-name financial services giants has proven that bigger isn’t always better, or stronger, or more sophisticated, or more prudent.

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Feedback From the Market

24 Nov 2008: Starting a new insurance company is an exciting experience. Making a business plan operational is exceptionally challenging, especially in a soft insurance market and volatile macroeconomic environment. Anyone who starts a company has confidence in the philosophical and financial underpinnings of their plan. They are also keenly aware that the ultimate proof of concept is validation in the marketplace.

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Give Diligence Its Due

29 May 2008: Aspirat Primo Fortuna Labori (Fortune Smiles Upon Our First Effort)
It is often said that insurance is a relationship business. Perhaps no other segment of the business illustrates this truism better than program business.

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Try A Little More TLC For Your ART

20 Nov 2007: During my travels it is surprising to hear so many stories of one-sided negotiations, channel conflict, miscommunication (or no communication!) and unclear decision-making processes.

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