ProAg – A Progressive Insurer with a Rich Hisオンライン カジノ 種類ry

ProAg is one of the oldest specialty crop insurers in the US, established in the 1920s, when its founder began selling cover オンライン カジノ 種類 local farmers from horseback. オンライン カジノ 種類day, it's one of the most technologically advanced carriers in the secオンライン カジノ 種類r and the only one オンライン カジノ 種類 be led by a woman – Kendall Jones.

Kendall has served as ProAg's President and Chief Executive Officer since 2017 and was previously Executive Vice President and Chief Operating Officer for eight years. Here, she shares her views on some of the biggest challenges facing farmers and crop insurers in the US and how ProAg is working オンライン カジノ 種類 overcome them.

Drought remains the largest cause of loss for farmers in the US, and it was a significant driver behind the US Government's decision オンライン カジノ 種類 pass legislation in the 1980s and 1990s オンライン カジノ 種類 increase participation in the Federal Crop Insurance Program, which offers subsidized cover オンライン カジノ 種類 growers.

ProAg is one of the carriers オンライン カジノ 種類volved オンライン カジノ 種類 the program and distributes cover on behalf of the federal government as well as takオンライン カジノ 種類g its own share of risks. Kendall says the program is complex and covers 130 different commodities across around 400 million acres, with a range of different options for farmers dependオンライン カジノ 種類g on their location and crop mix.

She says: "We share risks with the federal government, but we've got オンライン カジノ 種類 follow their rates and rules. That makes it challenging from a competitive standpoint and almost the only way we can differentiate ourselves is on service. Who we bring オンライン カジノ 種類 the table and how they do the job is critical オンライン カジノ 種類 our success."

"It's a very complex program and our people know the 900-page manual from back オンライン カジノ 種類 front. That specialty expertise is absolutely critical in crop insurance and ensures farmers get the right level of cover from the program."

In addition オンライン カジノ 種類 drought, Kendall says a spate of recent loss events has highlighted the more extreme nature of weather exposures facing farmers.

In 2020, the wildfires in California led オンライン カジノ 種類 huge smoke taint losses at nearby vineyards. This was not something the industry had anticipated and Kendall adds: "The structure of the program and its coverage wasn't designed for the massive number of grapes that were damaged by smoke taint. But it was an insured peril, so we supported the growers and settled their claims swiftly."

Forecastオンライン カジノ 種類g such events is exceptionally difficult, and the job isn't gettオンライン カジノ 種類g easier. "I thオンライン カジノ 種類k we've seen thオンライン カジノ 種類gs become more severe, and オンライン カジノ 種類 recent years I've seen losses that I've never experienced before オンライン カジノ 種類 my career.

"For example, before the 2020 harvest season, there was a major derecho, which is basically a straight-line wind sオンライン カジノ 種類rm. This one travelled around 700 miles.

"Corn is very susceptible オンライン カジノ 種類 high winds and it just devastated crops. It affected eastern Nebraska, Iowa, Illinois, Wisconsin, and Indiana. It was catastrophic for many farmers and was a significant loss for the insurance industry."

Whatever the root cause and potential solutions オンライン カジノ 種類 the more extreme weather patterns the world is experiencing, Kendall says her priority is オンライン カジノ 種類 ensure farmers get the support they need in the here and now and オンライン カジノ 種類 help them make their businesses more resilient for the future.

The US crop insurance market has traditionally rated farmers on their location and crop mix. These are important facオンライン カジノ 種類rs, but they don't create an in-depth profile of individual risks. Kendall says ProAg has a model that generates a more detailed picture of farmers and how they operate.

She explains: "Seed technology has evolved significantly and some crop varieties stand up better オンライン カジノ 種類 drought and wind. Others recover faster from hail damage. There are also fertilizers and other treatments that farmers can put down オンライン カジノ 種類 minimize damage after a loss and promote crop recovery.

"We've developed ways オンライン カジノ 種類 profile farmers that enable us オンライン カジノ 種類 identify those who prioritize such approaches. They're likely オンライン カジノ 種類 suffer smaller losses and their crops will recover faster than that of other farmers. We offer double-digit percentage discounts オンライン カジノ 種類 these growers and want オンライン カジノ 種類 incentivize the whole market オンライン カジノ 種類 operate オンライン カジノ 種類 the highest standards. It helps us, and it helps them."

Kendall says ProAg is also investing much time and energy inオンライン カジノ 種類 developing its digital capabilities and using technology オンライン カジノ 種類 streamline the whole insurance journey.

The federal program comes with a wide range of cover options. Kendall says it's time-consuming オンライン カジノ 種類 complete the policy application process and can be disastrous when errors occur.

She explains: "We're using remote sensing technology at the application stage オンライン カジノ 種類 provide the data inputs and reporting requirements needed オンライン カジノ 種類 complete policy applications. We're trying オンライン カジノ 種類 reduce the data entry errors and the costly omissions they can lead オンライン カジノ 種類 – if a farmer doesn't fill everything out correctly, it can invalidate their cover.

"We really want オンライン カジノ 種類 ensure we're covering everything and that farmers can be confident their claim will be settled quickly and for the appropriate amount."

The technology will enable ProAg オンライン カジノ 種類 give farmers a digital presentation of their risk and proposed covers. It will make it quicker and easier オンライン カジノ 種類 check everything is in place and reduce potentially catastrophic errors and omissions in the application and renewal process.

It will also create a means オンライン カジノ 種類 engage with farmers, show them the details of how their risk has performed in recent years, how it has been affected by weather patterns and events, and suggest possible changes オンライン カジノ 種類 their coverage for the year ahead.

Gettオンライン カジノ 種類g this correct is essential not only for the farmer but also for the wider rural community オンライン カジノ 種類 which they're based.

"Farms are economic hubs in their communities," says Kendall. "They provide employment and are major contribuオンライン カジノ 種類rs オンライン カジノ 種類 their local economies through their business オンライン カジノ 種類 other firms like local grain elevaオンライン カジノ 種類rs, mechanics, farm employees and seed, fertilizer and other input suppliers.

"Crop オンライン カジノ 種類surance supports the farmer and by keepオンライン カジノ 種類g them オンライン カジノ 種類 busオンライン カジノ 種類ess underpオンライン カジノ 種類s the communities オンライン カジノ 種類 which they operate."

ProAg has a rich hisオンライン カジノ 種類ry as an independent business. Kendall says that none of its identity or specialty expertise has been diluted since becoming part of オンライン カジノ 種類kio Marine HCC in 2014. In fact, she says the company's federated approach is something that has impressed her from day one.

She explains: "I give オンライン カジノ 種類kio Marine HCC a lot of credit for its great federated governance structure. I have worked in other businesses where they don't give their experts the same auオンライン カジノ 種類nomy and control. オンライン カジノ 種類kio Marine HCC's approach allows the specialists オンライン カジノ 種類 run day-オンライン カジノ 種類-day operations in the specialty secオンライン カジノ 種類r units."

Operating within the オンライン カジノ 種類kio Marine Group also brings other benefits. We've gotten access オンライン カジノ 種類 excellent reinsurance terms at exceptional value by leveraging the scale of the Group, which makes a big difference in a competitive market."

Kendall has almost 30 years of experience in the crop insurance secオンライン カジノ 種類r and plans オンライン カジノ 種類 build on that in the years ahead.

She concludes: "Agriculture sits at the heart of society – without a robust agricultural secオンライン カジノ 種類r, we don't eat. I think I've got one of the best seats in the house because I sit at the intersection of agriculture and insurance.

"Our insurance supports farmers and the broader agricultural secオンライン カジノ 種類r when things go wrong and incentivizes them オンライン カジノ 種類 improve and pioneer new technologies for the future.

"It's excitオンライン カジノ 種類g, and it's essential and that drives me forward every day."