Specialty Program and Risk Transfer Alternatives

Sparta Insurance

Success Stories

$20mm Specialty Program offering Property, GL, and Workers Compensation to franchisees of a premier national fast food restaurant chain.  This countrywide program is written through a leading national broker with an established franchise restaurant team.  Claims are handled by a dedicated adjuster unit of a national third party claims administrator.

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$30mm existing and $5mm start up Alternative Risk Programs offering AL, APD, GL, WC, UMB to group captive members owning large and mid-size transportation fleets.  These programs are offered countrywide through a program administrator, TPA, loss control provider, and captive consultants with nationally recognized transportation expertise. 

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$20mm Multi-line (Property, GL, AL, WC, UMB) Alternative Risk Program managed by a program administrator with 25+ years experience servicing the hardware store and building material dealer industries.  A national TPA handles the claims with a specialized team. 

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$25mm Specialty Program providing AL, APD, GL for non-emergency passenger transit and bus accounts.  The national program administrator has a dedicated office specializing in these classes and utilizes a national third party claim administrator (TPA).

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$10mm Multi-line (Property, GL, AL) Specialty Program managed by a program administrator with a dedicated underwriting team of property and GL specialists.  A national TPA handles the claims.  Targeted classes are preferred commercial and habitation risks.

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$20mm Alternative Risk Program offering multi-line (GL, Property, AL, APD, WC, UMB) coverages targeting electricians, arborists, and preferred heterogeneous risks. The program is written countrywide through a program administrator and a limited retail agency network. A national TPA handles the claims.  The program administrator and several third-party risk sponsors share in the program’s results via separate captive and rent-a-captive facilities.

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$15mm Alternative Risk Program and Specialty Program offering Workers Compensation to group captive members and other insureds representing the food growing and distribution industry.  The program is written primarily in western states through a specialized program administrator with agricultural expertise.  A national TPA handles the claims.

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$10mm Multi-line (Property, GL, AL, APD) Specialty Program managed by a national program administrator with a dedicated underwriting team.  A national third party claim administrator (TPA) handles the claims.  Targeted classes are preferred habitation risks countrywide. 

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$12mm Multi-line (AL, APD, GL, WC) Specialty Program managed by a program administrator and utilizing a national third party claim administrator (TPA).  Target market is mergers and acquisitions business.

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$12.5mm Multi-line (WC, Property, GL) Specialty Program concentrated in contiguous northeast states and managed by a Program Administrator with an affiliated third party claim administrator (TPA). Targeted classes are auto services, hotel/motel, restaurants, grocery stores.

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$15mm Workers Compensation 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 small service and trade contractors.

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$15mm Multi-line (WC, AL, APD, Property, GL) Specialty Program concentrated in Western states managed by an established program administrator with a national third party claim administrator (TPA).  The program is offered through approved retail agents to eligible insureds representing mostly retail and service classes.

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$7.5mm Specialty Program for AL, APD, GL, Motor Truck Cargo for qualified, general commodity transportation accounts written through a national program administrator with a dedicated team of transportation experts.  This program utilizes a national third party claim administrator with an assigned adjuster team.

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$8mm Specialty Program offering Multi-line (AL, APD, GL, Property, WC) to eligible specialized pest control service contractors.  The program administrator is exclusively dedicated to the class and utilizes a national third party claim administrator with proven expertise.

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$5mm Workers Compensation Agency Captive concentrated in California and managed by a Program Administrator with a national third party claim administrator (TPA). Targeted classes are retail, light manufacturing, habitation, and restaurants.

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$5mm Multi-line (AL, APD, GL, WC, Property) Alternative Risk Program for technical staffing firms.  The program administrator is assuming a significant share of the risk via an agency captive and is utilizing a national third party claim administrator.

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$10mm Multi-line (AL, APD, GL, WC) Specialty Program concentrated in the Northeast and managed by a program administrator with a dedicated underwriting team.  A national third party claim administrator (TPA) handles the claims.  Targeted classes are trade contractors performing majority of work in non-urban locations.

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$7.5mm Specialty Program for GL, Property, AL, APD targeting hotels.  The program is written countrywide through a national program administrator and a retail agency with established expertise.  A national TPA handles the claims.  

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$5mm Multi-line (AL, APD, GL) Specialty Program managed by a program administrator with a dedicated underwriting team.  A national third party claim administrator (TPA) handles the claims.  Targeted classes are accredited, professional child care facilities meeting underwriting eligibility requirements.

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$5mm Multi-line (AL, APD, GL, WC) Specialty Program managed by a program administrator with a dedicated underwriting team.  A national third party claim administrator (TPA) handles the claims.  Targeted classes are Franchise Restaurants on a nationwide basis.

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