Patriot Underwriters, Inc. Reaches Distribution and Service Agreement With Advantage Specialty Inc.

Patriot Underwriters, Inc. Reaches Distribution and Service Agreement With
Advantage Specialty Inc.

FORT LAUDERDALE, Fla., Oct. 29 /PRNewswire/ -- Patriot Underwriters, Inc., a
subsidiary of Patriot Risk Management, Inc., announced today that it has
signed a distribution and service agreement with Advantage Specialty, Inc. to
produce workers' compensation insurance for SPARTA Insurance Holdings, Inc.
This agreement will allow Patriot Underwriters, Inc. to distribute SPARTA
Insurance Holdings, Inc. (A- Excellent) workers' compensation insurance
products in the states of Delaware, Florida, New Jersey, New York and
Pennsylvania.

Patriot Underwriters, Inc. will provide sales, distribution and marketing
services. Advantage Specialty, Inc. will provide policy administration and
underwriting services, and its sister company Scibal Associates, Inc. will
provide claims services. Patriot Risk Services, Inc., another subsidiary of
Patriot Risk Management, Inc. will provide nurse case management and cost
containment services for Scibal Associates, Inc.

"This agreement strengthens Patriot Underwriters' workers' compensation
insurance product line in these states, and complements our other distribution
and service relationships," said Dean Watters, Executive Vice President of
Sales and Marketing for Patriot Risk Management, Inc.

About Patriot Risk Management, Inc.
Patriot Risk Management, Inc. produces, underwrites and administers
alternative market and traditional workers' compensation insurance plans, and
provides claims services for insurance companies, segregated cell captives and
reinsurers. For further information, please visit www.prmigroup.com.

About Advantage Specialty, Inc.
Advantage Specialty is a managing general agency that underwrites workers'
compensation and package policies on behalf of regional insurance companies.
In conjunction with Scibal Associates, Inc., a sister company, Advantage
Specialty focuses on loss prevention and aggressive claims management. For
further information, please visit www.sciadvantage.com and www.scibal.com.

About SPARTA Insurance Holdings, Inc.
SPARTA, which is an acronym for Specialty Program and Risk Transfer
Alternatives, is located in Hartford, CT and underwrites property and casualty
insurance for the specialty and alternative risk program market. For more
information about SPARTA, please go to www.spartainsurance.com.

Media Contact:
Diana Cruz
Patriot Risk Management, Inc.
954-670-2900
dcruz@prmigroup.com

SOURCE Patriot Risk Management, Inc.

Diana Cruz of Patriot Risk Management, Inc., +1-954-670-2900,
dcruz@prmigroup.com