Understand the agribusiness-specific nuances of risk management, learn where
standard insurance programs have unique implications for farms and
agribusinesses, and stay on top of emerging strategies for managing
agribusiness risks.
This go-to reference will be updated quarterly, and any new content is
automatically included with your subscription. Planned enhancements include
expanded content addressing the following topics:
Agribusiness Risk & Insurance covers these topics.
- Farm Property
- Farm Liability
- Farm Auto
- Workers Comp
- Umbrella Policies
- Agribusiness Insurance Coverage Checklists
- Access to ISO and AAIS farm forms
Download Table of Contents
Agents, Brokers, and Account Support Staff
- Identify common gaps in agribusiness insurance policies and specify
policy endorsements needed to properly cover unique agribusiness
exposures.
- Recognize the vehicle-related loss exposures agribusinesses face and
the various ways in which they can be insured.
- Identify key property exposures that farm and agribusiness accounts
face and recognize the insurance form and/or endorsement(s) that can be
used to address a given exposure.
- Understand the effect of various farm liability policy and umbrella
policy conditions and recognize how each should apply in a given
situation.
- Determine additional coverages your agribusiness client needs, such
as equipment breakdown insurance, mobile farm equipment insurance,
pollution insurance, animal mortality insurance, and/or crop
insurance.
- Quickly and competently answer your customers' questions about
how their policies apply.
Risk Managers, Financial Executives, and Insurance
Buyers
- Identify common gaps in your insurance policies and work with your
agent or broker at applying endorsements needed to properly cover unique
agribusiness exposures.
- Recognize situations in which workers compensation laws apply to
agribusiness operations, identify the impact of those laws, and
understand the coverage alternatives.
- Get quick answers and solutions to risk management questions and
problems.
- Determine if your agribusiness or farm needs insurance coverages such
as equipment breakdown insurance, mobile farm equipment insurance,
pollution insurance, animal mortality insurance, and/or crop
insurance.
- Recognize the need for and the functions of excess and umbrella
liability insurance policies.
Underwriters
- Helps answer tough questions and solve problems posed by your agents,
brokers, and insureds.
- Provides third-party support to your answers and recommendations
reinforcing client trust.
- Helps identify hidden exposures and provide coverage options.
- Deciphers the impact of requested endorsements or other coverage
modifications to enable underwriting decision making.
- Serves as an excellent training tool for your staff about the unique
risks of agribusinesses and the appropriate risk management
strategies.
Attorneys
- Helps you answer tough questions and give proper guidance to your
agribusiness clients.
- Identify coverage best practices for agribusinesses to help increase
your value-added service to clients.
- Evaluate standard industry practices as a basis of comparison to the
realities applicable to your cases.
- Gain valuable insight to what the policies do and do not cover in
absence of legal precedent.
Consultants
- Identify common gaps in your client's insurance programs and what
endorsements to use to properly cover unique agribusiness exposures.
- Recognize why many agribusinesses and farms need coverages such as
equipment breakdown insurance, mobile farm equipment insurance, pollution
insurance, employment practices liability insurance, animal mortality
insurance, and crop insurance.
- Provide valuable insight to help justify your fees and enhance client
trust and referrals.