AmericanAg® analytics staff can deliver a wide range of services to help Farm Bureau® insurance companies analyze their risk and achieve their financial objectives.
Actuarial Analytics
Our analytics staff can provide assistance with catastrophe experience analysis, reinsurance structuring, and economic capital modeling – delivering insight into your company’s catastrophe risk and capital needs, along with options and solutions to help you best achieve your financial objectives.
Catastrophe Modeling
Our catastrophe modeling services include pre-modeling data analysis and validation, detailed exposure reports including year-to-year comparisons, comprehensive modeling summary reports, annual support for reinsurance placement, and primary ratemaking model support. AmericanAg® utilizes models from two of the most widely recognized catastrophe modeling companies – Verisk and RMS®.
Exposure Management Tools
AmericanAg® offers a range of proprietary and customized third-party tools to help Farm Bureau® insurance companies understand their current exposures and gain an accurate view of current or recent events. These tools – along with the expertise of our exposure management team – can also help you make informed decisions about current exposures and potential new business.
ICA Assistance Program
The Intercompany Cat Adjuster (ICA) Assistance Program was developed as a way for the Farm Bureau® insurance companies to support each other in preparing for and responding to a catastrophic claim event. The program is facilitated and coordinated by AmericanAg®.
Enterprise Risk Management
AmericanAg® offers a variety of enterprise risk management services, tools, and resources exclusively for our Farm Bureau® clients. Our team can help you analyze the process, controls, and culture you have in place and also assist you in enhancing your capabilities and developing new strategies to help manage uncertainty.
Farm Connection
Farm Connection is a collaborative, comprehensive site featuring the latest information about farm exposures, trends, and products. Resources include our self-paced Farm Course, designed to give insurance professionals a foundational understanding of farming operations, so that they in turn can serve as trusted advisors to farmers and ranchers. Completion of all six Farm Course modules results in designation as an AgAdvisor.