Intercompany Cat Adjuster Program Overview
As part of our service to the Farm Bureau® insurance company family, AmericanAg™ facilitates the Intercompany Cat Adjuster (ICA) program.
The program has three components:
- ICA Assistance Program – a mutual assistance program in which property claims personnel from one Farm Bureau® insurance company provide support to another Farm Bureau® company (virtually or in person) following a catastrophe.
- ICA Designation – a program designed to recognize Farm Bureau® insurance company property claims adjusters who possess a superior level of experience and skill. ICA designees enjoy a number of benefits, including higher per-day bonus compensation when serving as part of the ICA Assistance Program.
- ICA Review Board – a rotating group of senior claims managers representing several Farm Bureau® insurance companies, who administer the ICA Designation process.
ICA by the Numbers
Derecho – August 2020
15 property adjusters from 5 Farm Bureau® insurance companies assisted Farm Bureau® Property & Casualty in Iowa
Hurricane Laura – August 2020
18 property adjusters from 4 Farm Bureau® insurance companies assisted Louisiana Farm Bureau® Casualty Insurance Company