June 2009

   
   

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2009: Raising the Standard for Success

The first few months of 2009 have been our most successful to date. In fact, based upon our writings and commitments, by the end of the second quarter we will have doubled the amount of written premium we had for all of 2008. More important to us than the premium, however, is the fact that we are helping our customers find solutions in a challenging market. Our “Success Stories” are a direct result of the expertise and creativity of our team, our ability to deploy superior technology and the consistent pursuit of our mission to deliver a customized product for sustained customer success. As we continue to develop the business through 2009 and beyond, we hope to further affirm our unique value proposition characterized by intellectual capital, breadth of product offering, leading technology and strong financials. We recognize that our customers’ success is our success and are grateful for your contribution to our Collective Purpose.

Best regards,

Geo Estes, Chairman & CEO 
and Kevin Costello, President & COO

 
   


SPARTA Technology
 

It is a CIO’s dream to create the technology infrastructure for a new organization. When we started SPARTA Insurance Company in May 2007, we literally started from scratch - pens and paper in a borrowed conference room. There was no personal computing equipment, hardware, software, network or hot site. On our first day together as a team, we were handed large briefing binders that set forth the vision, mission and strategic plan of the company. I was delighted to see that Information Technology (IT) was one of the pillars upon which the value proposition of the company had been articulated to the investment community. The business plan posed a daunting but exhilarating IT challenge heightened by time constraints imposed by a mid-summer A.M. Best on-site review.

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By: Patricia Shea, SPARTA Chief Information Officer SPARTA Insurance Company

Group Captive Demands in a Dynamic Market
 

As an underwriting and marketing professional focused on the group captive market, I continue to witness some of the change in dynamics that emerge with the ebbs and flows of the insurance cycle. And having recently participated in a host of annual captive industry conferences and group captive board meetings representing SPARTA Insurance Company, two trends are apparent to me.

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By: Philip R. Cameron, CPCU, VP of Marketing
SPARTA Insurance Company

 

 
     
 

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