Zurich North America’s crop insurance business has connected to farm data management software John Deere Operations Center, through John Deere’s API Services. The connection expands Rural Community Insurance Services’ (RCIS) existing precision agriculture offerings and allows its insureds to electronically connect their field data to RCIS systems for a more seamless, accurate and secure crop insurance reporting experience.
Zurich North America has announced that its crop insurance business, Rural Community Insurance Services (RCIS), is now connected to John Deere Operations Center, a farm data management software, through John Deere’s API Services. The connection expands RCIS’s existing agriculture offerings and allows farmers insured through RCIS to electronically connect their field data to RCIS systems for more seamless, accurate and secure crop insurance reporting.
Gujarat Chief Minister Vijay Rupani on Thursday approved a scheme for compensating farmers for crop loss caused due to natural calamities in the kharif-2021 season. Under the 'Kisan Sahay Yojna - 2021', the state government will compensate farmers for crop damage in the kharif season (June to November) without collecting any premium or registration fees, said an official release.
The Office of the Provincial Agriculturist (OPA) in Negros Occidental on Thursday urged farmers who incurred losses brought by Tropical Storm Dante to file for indemnity claims under the province’s crop insurance program. Provincial Agriculturist Japhet Masculino issued the call as his office’s final report on Wednesday afternoon showed a total of PHP19.6 million in crop damage and losses among affected farms across the province.
Ahead of the new kharif season, the Beed model of implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY), the central government’s flagship programme which cushions farmers from crop loss, is again gaining attention. According to officials, states have asked the central government to allow them to implement this model, in which insurance companies reimburse portion of the premium collected back to the states.
Chief Minister YS Jagan Mohan Reddy on Tuesday released Rs 1,820.23 crore under the YSR Free Crop Insurance scheme benefiting 15.15 lakh farmers, who suffered crop loss in Kharif 2020. Speaking on the occasion, Jagan reiterated that his government was committed to the welfare of farmers and development of agriculture and allied sectors.
Smallholder farmers in Africa are subject to many risks, some of them made worse by climate change. Well-targeted weather forecasts and crop insurance can help to limit losses and improve food security. It makes sense to link both services. Droughts, storms and floods are threats to farmers everywhere.
This document provides an overview of the actual impact caused by COVID-19 pandemics to agricultural insurance markets in 29 countries. It is based on the survey conducted by AgroInsurance International in July 2020 – February 2021. Survey questionnaire responses were complemented with the personal communication notes and analysis of industry-related public sources.
Allianz experts estimate that the value of the agriculture insurance segment to stand at $10 million but say it holds the potential to grow to $30 million. They aim at partnering with aggregators such as banks, cooperatives, agro-dealers, and commodity Associations to deploy the solution, said Lovemore Forichi, Senior Underwriter of Agriculture at Allianz Re.
Last year, Hafizur Rahman's entire rice crop drowned in floodwaters that followed heavy rain in northern Bangladesh. The loss forced the 30-year-old farmer from Kurigram district to look for daily labouring work, hoping to scrape together enough money for seed to plant a new 8-acre (3-hectare) rice crop this year.
Due to the uncertain situation relating to COVID-19, the seminar on «Hail and Frost Damage on Berries» will unfortunately not be able to take place in Switzerland this year as planned. However, the seminar will be held in Switzerland in spring 2022 within the usual setting. In preparation for this, we would like to invite you to participate in the following event: Online Loss Adjusters' Seminar on Hail and Frost Damage on Berries 22nd June 2021 | 1 to 4 pm (CEST)
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