Structures

SPARTA provides the commercial middle-market with a single source solution for ART and Specialty programs managed on an unbundled basis.

SPARTA offers products through two structures:

• ART structures that provide program-level risk sharing using captive reinsurance in support of association, group, and agency or sponsored captives organized as captive insurance companies or through rent-a-captive facilities. Risk assumption is afforded by quota share or full layer reinsurance participation.
• Specialty structures in which the risk is fully retained by SPARTA and program-level risk-sharing is provided by a sliding scale.

Unbundled Services:

SPARTA's business model provides products and services on an unbundled basis. The services provided in a standard commercial insurance product are "unbundled" to qualified third-party vendors who specialize in the provision of the constituent components of the insurance product. Unbundling affords the opportunity for greater focus, control, competitive and transparent costs. SPARTA has unmatched industry depth in executing the unbundled program model.