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United States Department of Agriculture
The United States Department of Agriculture Risk Management Agency (USDA RMA) is the primary agency that operates and manages the Federal Crop Insurance Company (FCIC), providing crop insurance for American farmers and ranchers. USDA RMA develops and/or approves the premium rate and administers expense subsidies from private sector insurance companies who sell and service policies that cover $117 billion of annual crop liability on an annual premium base of $11 billion.
The heart of RMA’s operations are its Escrow processes. Annual indemnity payments have averaged roughly $13 billion over the last three years, with peak payment periods of more than $500 million per week.
Download this case study to learn how Appian Cloud was used drive definition and provide better requirements management for all FCIC Escrow transactions through agile application platform development.