American Agricultural Insurance Company

American Agricultural Insurance Company

About American Agricultural Insurance Company

Simplify's Rating
Why American Agricultural Insurance Company is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Food & Agriculture

Financial Services

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Schaumburg, Illinois

Founded

1948

Overview

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Simplify's Take

What believers are saying

  • Increased focus on climate risk insurance aligns with global trends in 2023.
  • Growing interest in parametric insurance solutions offers quicker payouts and reduced costs.
  • AI-driven underwriting processes enhance accuracy and efficiency, following industry trends.

What critics are saying

  • CEO transition to Andrew Boris may lead to strategic shifts or instability.
  • Doug Nuehring's hiring might shift underwriting strategies, affecting client relationships.
  • New cyber coverage product may face regulatory challenges and increased competition.

What makes American Agricultural Insurance Company unique

  • AmericanAg launched a personal cyber coverage product, expanding its insurance offerings.
  • The company hired Doug Nuehring, enhancing its underwriting and marketing expertise.
  • Andrew Boris, new CEO, brings legal expertise to AmericanAg's leadership.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Flexible Spending Account

Health Savings Account

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Parental Leave

Hybrid Work Options

Employee Assistance Program

Company News

Coverage
Jan 18th, 2024
Americanag Launches Personal Cyber Coverage Product

AmericanAg <i class="fa fa-info-circle company-popover" data-content="h3AmericanAg/h3. div. table

The Insurer
Nov 19th, 2021
Janet Katz will retire from AAIC Incorporated as executive vice president and CEO on Apr 1st 22'.

American Agricultural Insurance Company has announced that executive vice president and CEO Janet Katz will retire on 1 April 2022, with general counsel and secretary Andrew Boris succeeding her.

The Insurer
Jun 17th, 2021
AAIC Incorporated hires Doug Nuehring as assistant vice president for underwriting/marketing

American Agricultural Insurance Company (AmericanAg) has hired EMC Reinsurance Company veteran Doug Nuehring as assistant vice president for underwriting/marketing.

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