AgricultureNewsProvincial
New Insurance Options For Farmers
Source: Robin Booker, producer.com, February 7, 2022
The company is already working with insurance providers Acturis and Wawanesa Life.
Farmers Edge founded a new company called DigiAg Risk Management that offers parametric products, insurance and group benefits plans.
Parametric insurance provides pre-specified payouts based upon a trigger event, and because Farmers Edge has access to data sets from broad-acre farms, the new company is positioned to monitor triggering events in the agriculture sector.
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