Crop Risk Services Announces Precision Farming Service
March 29 2018 - 8:30AM
Business Wire
Crop Risk Services (“CRS”) today announced a value-added service
for clients that delivers precision farming capabilities bundled
with its federal and private insurance offerings. The new facility
will capture agricultural technology driven precision planting
records to improve insurance coverage, through mapping advantages
over Farm Service Agency (FSA) and more accurate actual production
history (APH).
“Our clients understand the promise of technology in
production,” said Brian Young, President of Crop Risk Services.
“With insurance informed by precision farming data, they’ll see
time savings in making claims, record keeping, and auditing. We
believe these benefits extend to our agents and adjusters as
well.”
Farmers will benefit through potentially higher crop insurance
coverage and lower premiums, quicker and more accurate claims, and
reduced record keeping during an audit. Crop Risk Services agents
are invited to participate in the 2018 pilot now, with the offering
extended to all agents and clients for fall 2018 policies. The
service utilizes TruAcre Technology’s precision farming
capabilities.
Kevin Boeckenstedt, Special Projects Manager, added, “CRS is
committed to utilizing emerging technology to bring new
capabilities to our clients. This offering builds off an
established record of doing so, expanding available capabilities
beyond our Aeros solutions, Hail Probability, AgriText, and
Unmanned Aerial Vehicle resources.”
About Crop Risk Services
Crop Risk Services is a leading primary crop insurance managing
general agent, serving North American farmers with affordable crop
income protection. The company is headquartered in Decatur,
Illinois with offices in Council Bluffs, Iowa and Chicago,
Illinois. Together our employees have over 100 years of combined
multi-peril crop insurance (MPCI) experience. The company is a
wholly owned subsidiary of Validus Holdings, Ltd.
Contact Crop Risk Services
About Validus Holdings, Ltd.
Validus Holdings, Ltd. (NYSE: VR) is a leading global provider
of reinsurance, insurance, and asset management services. Validus
companies maintain a worldwide presence with more than 1,000
employees in 17 offices. Learn more at validusholdings.com.
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