Quick Facts

Get to know SPARTA (Specialty Program and Risk Transfer Alternatives)

History. SPARTA was formed in March 2007 as an underwriting company specializing in unbundled Alternative Risk Transfer ("ART") and Specialty programs for the commercial property and casualty insurance market in the United States. Our headquarters is in Hartford, Connecticut.

Mission. SPARTA’s Mission is to provide the unbundled program market a long-term solution for ART and Specialty programs characterized by expertise, innovation and service that adds value to our customers’ business.

Structures. ART structures providing program-level risk-sharing through captive reinsurance and Specialty structures providing full risk assumption by SPARTA and program-level risk-shared by sliding scale.

Platform. SPARTA underwrites through its 50 State (and District of Columbia) admitted carrier, SPARTA Insurance Company. SPARTA’s authorized lines of business are Auto, General Liability, Property, Workers Compensation, Package, BOP, Inland Marine, Equipment Breakdown, Garage, Truckers, Umbrella and Crime. SPARTA’s policies are administered through its state-of-the-art, Web-enabled, .Net policy administration system, specifically designed and enhanced to support program business.

Appetite.

• Retail/Wholesale
• Service
• Light Manufacturing
• Hospitality: hotel/motel, restaurant
• Habitation: apartment managers, condos
• Light-Medium Trade Contractors: electrical, mechanical, commercial
• Transportation/Distribution: small/medium fleets, short/intermediate radius, general commodity hauling

Ratings. SPARTA is A.M. Best rated A- (Excellent). The company’s Financial Size Category is
Class IX ($250 million to $500 million in policyholders’ surplus).

Program Contacts.
Brian D. First (bfirst@spartainsurance.com) – Chief Marketing Officer (860) 275-6520
Philip R. Cameron (pcameron@spartainsurance.com) – Vice President, Marketing (860) 760-4010

Principal Place of Business. CityPlace II, 185 Asylum Street, Hartford, Connecticut 06103

State of Domicile. Connecticut

NAIC Number. 20613

CA Certificate of Authority Number. 0813-6