Agriculture is an important starting point of the food supply chain in any society. Its financial resilience is crucial for the further processing and distribution of food.
Our clients in agriculture are:
- Field crops farmers
- Orchards & Vineyards
- Livestock and bloodstock breeders
- Fisheries
- Seeds, fertilizers and chemicals producers and suppliers
- Agricultural machinery producers and distributors
- Agricultural traders and logistics
- The other companies, who cater services to agricultural industry
- Forestry and wood processing
Understanding Your Risks
We speak the language of our agricultural clients, because in most countries GrECo employs experts with agronomic or veterinary background, who specialize in Food & Agriculture every day. On the one hand our specialists have practical experience inside this industry. On the other hand, they possess good expertise in insurance. Many agricultural associations work with us.
What questions do our agricultural clients ask us?
Innovative Insurance Solutions
- I want my business to grow, can I add insurance to my products?
- Is it possible to increase farmers´ yields?
Support of International Operations:
- Is there a way to effectively handle insurance in my group with several foreign subsidiaries?
- How can you smooth out the increase in insurance costs in an internationally hardening insurance market?
Professional Advice and Assistance
- What are the typical hidden problems in insurance policies?
- I need an independent opinion on whether my assets and liabilities are well protected?
- How can I get agricultural insurance subsidies more quickly and easily?
- I would like to receive a favourable offer from the association of which I am a member of.
New Risk Challenges of Nowadays
- Can you evaluate a potential loss in case of cyber attack in precision farming and grain logistic operations?
- What are the ways to prevent and mitigate the loss caused by drought and epizootic diseases?
- Are there best practices on how to manage Covid-19 in agriculture?
- Can I insure my business against mistakes and dishonesty by my personnel?
The Convinient Way to Take out Insurance:
- What can you do, if the insurer rejects to pay the indemnity?
- How can I check if my insurance partner offers the best solution?
Alternative Risk Management Solutions:
- I need tools to identify and evaluate all my risks!
- Why do I need a business continuity plan in the event of epizootic diseases or natural drought disaster? What are the first steps to start?
Providing Tailored Solutions
Besides versatile experience in standard property & liability and personal lines, we possess local and global expertise in special agricultural insurance solutions, like:
- Crop insurance
- Livestock & Bloodstock
- Aquaculture
- Alternative risk transfer – parametric and captive solutions against drought and other natural disasters and animal diseases
- Programs aimed to hedge the price of agricultural commodities
- Insurance programs aimed to improve relations between farmers and agricultural traders/ inputs suppliers
Responding to the complexity of risks in crops growing and livestock breeding, climate change and spread of epizootic diseases, GrECo Group offers innovative risk management programs such as:
- Bio-security audits of farms;
- Business continuity plans;
- Risk engineering services;
- Analysis of weather impact on business profitability;
- Adverse weather alert tools;
- Automatic scoring and monitoring of farming suppliers’ reliability.
Creating Added Value
Our holistic risk mapping approach helps our clients in agricultural industry:
- to realize full variety of risks, attributable nowadays in their industries;
- determine the most appropriate risk management strategy;
- fill in existing gaps in insurance coverage;
- stay financially stable at the bottom line.
What Our Clients Say
“For every little concern, GrECo’s experts are available and our questions are answered promptly. The enormous savings on our insurance policies are the icing on the cake.
Matthias Heinze
General Manager at F.G. Rákó
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