$7.5mm Workers Compensation Specialty Program

$7.5mm Workers Compensation 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.

Customer Needs

To diversify carrier portfolio, avoid channel conflicts, expand program geography and lines of business.

SPARTA Advantage

Licensing, filings and expertise to move rapidly through due diligence process, deploy rate, quote and policy issuance technology, and bring the program to market while developing an expansion strategy. "SPARTA Insurance Company is broadly licensed and competitively filed. Once we were able to conclude discussions on states of operation and rating plans, we moved quickly but thoroughly through the due diligence processes. Our underwriting, operations and claims diligence is conducted by seasoned pros who can determine without delay whether the quality standards we seek are evident and if not how to implement them. Our extensible technology is web enabled and easy to use so after a day of demonstration and training our customers were on their way and had no problems quoting and writing business," said Brian Mulroy, Chief Underwriting Officer. "We look for partners who want to expand programs or create additional programs that cause their portfolio with SPARTA to be balanced among the lines of business. In that regard, this opportunity was a natural fit," Mulroy added.

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