Agriculture is in changing times and farmers are exploring alternatives to managing risks more efficiently. Many farmers have utilized their own captive insurance company, which allows farmers to self-insure and manage their risks to fit their individual needs. A captive can be utilized to protect the crops, capture profits, and produce benefits that will help farmers maintain resilience in this highly competitive industry.
We have developed a system that will give farmers ultimate control over their risk management program.
The team at AgriCap Group, LLC. has brought together re-insurers, captive insurance managers and service providers for a platform designed to allow agricultural professionals to benefit from managing their own risk.
Captive Insurance Advantages Include…
- Control & manage insurance costs (Crop, Property, Liability, Cyber, etc.)
- Customize deductibles for self-insured retention
- Custom designed coverage for specialty risk
- Capture underwriting profit & investment income
- Direct access to the reinsurance markets
- Manage claims & administration
- Premium stability & deductibility
- Eliminate coverage limitations
- Improve risk management
- Asset protection
WHAT IF YOU COULD OWN YOUR CROP INSURANCE
COMPANY AND KEEP YOUR PROFITS ON THE FARM?
- Change the way you buy Crop Insurance
- Rely less on the government for Crop Insurance (more privacy for your farming operation)
- Own your own insurance company
- Tailor your Crop Insurance policies
- Capture the underwriting profit and investment income
- Control the 30% that insurance companies typically use for administration expense
- Transfer those profits to your bottom line
- Buy Crop Hail coverage on a blanket basis
- Premium Finance the start of this company with excellent terms
- Maximize your working capital
- Have a positive effect on your cash flow and balance sheet
Our team has cultivated relationships with top insurance companies to develop unique and cost-effective insurance solutions. By bringing together top re-insurers, captive insurance managers, and service providers we help farmers retain the investment and tax advantages being lost to commercial insurance companies.
We are experienced professionals with a ‘hands-on’ approach to Farm Risk Protection and Succession Planning. Our reinsurers have earned an ‘Excellent’ rating from A.M. Best for over 50 years. This rating proves that they have the financial strength to pay your claims and give you peace of mind when you need it most.