Australia - Multi-peril crop insurance workshops spur interest among SA farmers

13.03.2015 260 views

Multi-peril crop insurance provider Latevo International says its workshops have been well attended in South Australia.

The Australian company partnered with insurer Allianz last year, to offer the program which was taken up by 29 farmers nationally.

Eight of those will receive payments following bad seasons in their areas.

Latevo is holding information workshops across the country and was in South Australia this week.

Latevo International chief exeuctive Andrew Trotter said they were trying to inform people about the product.

"We'd like to see that we're insuring well over 100 clients this year, the real aim and you get really good balance in multi-peril program is when you get 250 to 300 farmers and that's where we want to get to over the program so it does stand on its own two feet," he said.

The workshops are now being held in Victoria, New South Wales and Queensland.

Source - http://www.abc.net.au/

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