Collaborative resources and agriculture-specific tools for a broad range of risks
(Re)insurance offers the agriculture sector important financial stability in the face of weather and environmental threats. Public and private sector insurers bring the stability that producers and the industry require however, insurers can incur heavy financial losses, making appropriate reinsurance cover essential.
Our Agriculture team provides customised and fully integrated risk management solutions to further strengthen agriculture resilience for a broad range of climate and disaster risks.
We collaborate with colleagues in more than 80 offices worldwide to ensure clients have access to the most relevant information, tools and insights required to navigate crop and livestock-based challenges and opportunities. Our agriculture insurance and reinsurance professionals deliver customised solutions for the insurance ecosystem including professionals of the food and agriculture industry, academia and government.
We develop agriculture reinsurance solutions that meet your needs
Individual countries, risk sectors and populations require differentiated approaches to building financial resilience, including the requirement to develop unique (re)insurance risk management solutions.
Our Agriculture team delivers analytics, advisory and risk transfer solutions to help address catastrophe and systemic threats, constantly adapting to clients’ business needs and evolving risk environments. We support all areas related to agriculture (re)insurance with our offerings:
- Portfolio assessment. We evaluate the unique characteristics of each client’s portfolio and quantify exposure to natural perils using our proprietary agriculture analytics platform. Our agriculture modelling comprises a full range of in-house and licensed models.
- Insurance and reinsurance program design. In addition to structuring tailored reinsurance solutions, our services also include:
- Support for risk management (policy) design
- Insurance product design
- Financial modelling
- Parametric product structuring, modelling and reinsurance placement
- Advisory toward public-private agri-insurance schemes
- Stable and sustainable capacity. Trading annually with more than 80 unique counterparties, our understanding of, access to, and relationships with capacity providers help us secure competitive terms for clients.
- Dynamic reinsurance optimisation. With CropCast, our proprietary, fully customisable, actuarial benchmark pricing tool, we're able to apply selected frequency and severity models to stress test virtually an unlimited number of reinsurance programs, in real-time, against each client’s unique risk management requirements. The tool is web-based, which means we can compare the benefits of different reinsurance structures from anywhere, at any time.
