Agriculture
GAP product released for agriculture sector
Two specialist agriculture guaranteed asset protection (GAP) products have been launched by the XS Cover Company, via Malta-based protected cell company Building Block Insurance.
Technology: The future of farming
The rural idyll of the UK's farmlands may be the last place many would expect to find a technological revolution. However, as the Internet of Things continues its steady creep into every aspect of life, Britain's agricultural industry has not been left…
Zurich to spend up to £702m on US agricultural insurer
Zurich's subsidiary, Zurich American Insurance Company, will buy US agricultural insurer Rural Community Insurance Services for up to $1.05bn (£702m) from Wells Fargo, which will strengthen its top five position in US commercial insurance.
Rural Insurance growth keeps firm on track for £100m target
Harrogate-based agricultural specialist Rural Insurance saw its revenue grow 13.3% in the past six months, staying on track to become a £100m business over the long-term.
Ironshore opens New Zealand office
Ironshore International has opened a New Zealand office in Auckland today.
Axa replaces RSA in agricultural tie-up with Towergate's BIBU
Axa has agreed a five year joint venture with Towergate’s BIB Underwriting for farm, estate and motor schemes, Post can reveal, in a deal that will result in a change to Axa’s distribution model for agricultural business.
Cobra Holdings acquires BKG West
Cobra Holdings has acquired independent commercial insurance broker BKG West.
Axa aims to challenge mid-market status quo with sector-specific proposition
Axa has signalled its intent to secure a much larger share of mid-market risks in 10 key trade sectors with the introduction of a tailored broker proposition.
Typhoon Chan-hom leaves China with 8bn yuan losses
Last weekend's powerful Typhoon Chan-hom has left a trail of destruction mainly across Zhejiang province in China.
Dual enters UK agricultural market
Hyperion's underwriting arm Dual has entered the UK agriculture market as part of its strategy to provide more specialised products to SMEs.
Interview - Gilles Galludec: Learning to share
Index insurance has come of age from its humble beginnings but more knowledge sharing is required if the market is to reach its potential, according to Gilles Galludec, program manager for the World Bank’s Global Insurance Index Facility.
Australian farmer claims A$944,000 for crop failure
The first payout for multi-peril crop insurance in Australia is A$944,000 (£504,000) to a Queensland farmer.
Rural looks to Gallagher for COO hire
Rural Insurance has hired former Arthur J Gallagher operations director Peter Cooper as its chief operating officer.
Rural launches Darlington office with six Towergate recruits
Rural Insurance has opened a new Darlington office led by six underwriters from Towergate-owned BIB.
Claims Club Monthly Missive: Driverless cars, connected homes and PPOs
From Tennessee to London, over the past few months I have heard a considerable amount about the future of insurance.
Comment: Spontaneously combusting hay bales
The summer harvest period is a busy time of year for farmers – and consequently a busy time for the agriculture segment of the commerical lines market. Peter Thompson, divisional director at McLarens company Agrical, explains some of typical challenges…
Catlin provides capacity for Rural's revamped farm cover
Agricultural specialist Rural Insurance has re-designed its farm combined product in collaboration with new capacity provider Catlin Insurance Company.
Axa recruits three in Scottish agriculture growth drive
Axa has recruited a trio of underwriters as part of a bid to drive growth in North East Scotland, with a particular eye on the agricultural sector.
Agrical forms board of directors amid exec changes
Loss adjuster Agrical has expanded its senior management team with the formation of a board of executive directors.
Index-based insurance: Protecting the vulnerable against weather uncertainty
There is growing recognition that extreme weather events are not just an environmental problem but an economic one as well.
Rural plants seeds of expansion with second Farm Web swoop
Rural Insurance has expanded its regional development underwriter team with the appointment of Sarah Robinson from NIG Farm Web.
Agriculture: Hard times
With a predicted increase in extreme weather events expected to add to the many difficulties already faced by farmers, how can the insurance industry better support the beleaguered sector?
Tributes paid to Agrical’s Collinson following death
Agrical managing director Nigel Collinson has been described as an “inspirational and close friend” by his business partners of 18 years.
Farms face cover threat after Defra confirms their exclusion from Flood Re
Biba calls for rethink over decision to exclude small businesses from legislation.