Farm Bureau® Reinsurance
AmericanAg® has been providing a broad range of tailored reinsurance products and services for the Farm Bureau® insurance companies for 75 years. We engage with each company individually, developing an understanding of their unique risk position and organizational strategy, so that we can collaborate with them on solutions specific to their needs and goals.
Our analytics staff can provide assistance with catastrophe experience analysis, reinsurance structuring, and economic capital modeling. Our catastrophe modeling team’s expertise in mathematics, meteorology, primary insurance, and geographic information systems (GIS) allows us to effectively analyze catastrophe risk and create customized solutions.
Our experienced claims and underwriting teams are trusted partners for the Farm Bureau® insurance companies, enhancing each company’s in-house resources and providing valuable outside perspective. The AmericanAg® claims team leverages its strong working relationships with the Farm Bureau® companies to facilitate intercompany assistance following a catastrophe. Our contracts team breaks down complex reinsurance programs into readable agreements using clear, concise, and industry-leading language.
Working with AmericanAg®, clients have access to a number of innovative proprietary tools and pooling solutions, which can help companies interested in diversifying their portfolio and achieving additional geographic spread of risk. Turnkey products allow companies to quickly and efficiently begin protecting their customers from new exposures.
We also own and operate a licensed brokerage operation – American Agricultural Insurance Agency (AmericanAg® Agency) – to assist Farm Bureau® insurance companies in providing coverage for executive risks and developing solutions for unique programs.