ICAT is continuing to monitor Hurricane Milton. In the past 24 hours, Hurricane Milton has rapidly intensified from a Tropical Storm to a Category 4 hurricane with winds reaching 150 mph. This significant strengthening is attributed to warm Gulf waters, a moist atmosphere, and reduced wind shear. The National Hurricane Center anticipates that Milton may intensify into a high-end Category 4 or even Category 5 hurricane. As the storm moves northward, increasing wind shear and dry air are expected to weaken Milton before landfall on the Florida coastline. Despite weakening, it is still expected to maintain major hurricane intensity through landfall. For more details, visit the National Hurricane Center: https://lnkd.in/eRW9bZE #HurricaneMilton
About us
At ICAT, we have a single goal: help business owners and homeowners recover from a disaster. Since 1998, ICAT has provided catastrophe insurance coverage to home and business owners throughout the United States. From day one through today, we remain a highly specialized, disciplined underwriter of catastrophe property insurance risk. ICAT has over 200 employees and serves more than 65,000 customers in 42 states through its online quoting system, www.icat.com and through traditional broker submissions. The ICAT brand offers the promise of “Security, Service, Recovery” to policyholders and brokers in providing insurance solutions to protect against natural catastrophe events. ICAT continues to expand through new products such as its Residential Earthquake product in California, which helps homeowners protect their largest asset in the event of an earthquake. ICAT underwrites on behalf of a diverse line up of strong carrier partners and Lloyd's of London syndicates. Claims administration services are provided by ICAT’s sister company Boulder Claims. Boulder Claims was founded in 2005 and in its short history has successfully adjusted and settled over 23,000 claims, including claims from Hurricanes Charley, Frances, Ivan, Jeanne, Katrina, Rita, Wilma, Dolly, Gustav and Ike. ICAT is based in Broomfield, CO with additional offices in Tampa and Honolulu. ICAT is owned by The Schinnerer Group. The Schinnerer Group is one of the largest and most experienced underwriting managers of specialty insurance programs in the world. The Schinnerer Group includes Victor O. Schinnerer & Company and ICAT in the United States, ENCON in Canada and other MGA enterprises globally.
- Website
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http://www.icat.com
External link for ICAT
- Industry
- Insurance
- Company size
- 51-200 employees
- Headquarters
- Broomfield, CO
- Type
- Privately Held
- Specialties
- Lloyds of London, insurance, commercial, catastrophe, property and casualty, residential, hurricane, earthquake, general liability, and homeowners
Locations
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Primary
385 Interlocken Crescent
Suite 1100
Broomfield, CO 80021, US
Employees at ICAT
Updates
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🩷October is Breast Cancer Awareness Month🩷, and we are grateful to one of our Underwriters for sharing her story to emphasize the importance of early detection. Please read her story below. Carrie Kollmar Underwriting Services Manager, ICAT Breast cancer, with no family history, struck me at age 34. I ignored a lump in my breast for over a year because I was so busy with my family duties. Plus, I didn’t believe breast cancer struck younger women. By the time it was discovered, it had spread and had become metastatic, or what they call Stage 4. Though I have been NED-No Evidence of Disease for 19 years now, I’ll never be considered “cured”; I will always need regular oncology appointments and medications. I will forever have challenges directly related to treatment. My advice: As busy as you are taking care of everyone else in your life, do not miss annual screenings. Make sure your screenings include a full breast exam, regardless of age. Most importantly, never discount those nagging intuitions that something is not right with your health. Early detection is lifesaving, and I am proof that healing truly is possible at any stage. For more information on the warning signs of breast cancer, please visit: https://bit.ly/3XUfRmD
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At ICAT, we're all about Halloween and the fun decorations it brings. However, homeowners must ensure their decorations are safe and will not cause damage, so we're bringing you Spooky Facts for homeowners! Did you know there have been insurance claims for 12-foot Skeletons 🩻 crashing through windows and roofs? Anchor your decorations securely to prevent accidents. If a storm is coming, take them down to avoid property damage. #SpookyFacts #HomeownersSafety
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Our hearts go out to all those affected by the devastating impact of Hurricane Helene. As a category 4 hurricane with maximum sustained winds of 140 mph, Helene made landfall at 11:10 PM EDT. Helene is the strongest hurricane to make landfall in the Big Bend Region of Florida and the fourth landfalling hurricane experienced by the U.S. this year. Our thoughts are with all those impacted. To report a claim, visit: https://lnkd.in/gWiFYWYM
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With hurricane Helene approaching, we understand the importance of preparedness for homeowners in its path. As the storm is expected to make landfall today, it is crucial to prioritize safety. Ensure all necessary precautions have been taken, such as securing loose items, reinforcing windows and doors, and gathering essential supplies. Stay informed by monitoring local authorities and weather updates. Stay safe! #HurricanePreparedness #NationalPreparednessMonth
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The National Hurricane Center (NHC) has provided the latest forecast, indicating that Hurricane Helene is projected to make landfall in the Florida Big Bend region late Thursday as a major hurricane. The storm is currently interacting with a frontal system over the Central Mississippi Valley, which will pull it northward toward the Gulf Coast. As Helene progresses northward, its forward motion will accelerate, resulting in a shorter duration of impacts. However, this also means that hurricane and tropical storm-force winds are expected to reach Georgia and Alabama inland regions. #HurricaneHelene
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🌀Storm Watch🌀 ICAT is monitoring Tropical Cyclone 9, which has the potential to develop into a hurricane as it travels up the Gulf Coast. For more details, check out the National Hurricane Center: https://lnkd.in/ebkhtxuh Photo Credit NOAA National Ocean Service