News
Articles
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.
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. In looking back on the past year in which we created SPARTA Insurance (Specialty Program and Risk Transfer Alternatives) and established a presence in the unbundled captive programme marketplace, four factors have dominated the positive reception and transaction of business – Expertise, Commitment, Financial Strength and Technology.
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.
Insurers Let Down Their Hair But Maintain Kilt Decorum
26 Apr 2008:
It didn't look good on the crowded elevator ride up to the ninth floor at City Place II Thursday, given the shoulder-to-shoulder sea of dark suits and corporate quiet.
But once the doors opened, the din began signaling "party time," courtesy of partners George "Geo" Estes, Dawne Ware and Kevin Costello, who were celebrating their new insurance company, Sparta, and its tony new digs in Hartford.
SPARTA Chairman George L. Estes III Profiled in Risk & Insurance Magazine
19 Mar 2008: The March 2008 issue of Risk & Insurance magazine included a prominent feature article, “The Wolf and His Pack,” profiling Geo Estes, co-founder, Chairman, and CEO of SPARTA Insurance Company. The article addresses Mr. Estes professional background, business philosophy, and the key attributes that he believes drive the success of SPARTA.
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.
