The Bayer and Monsanto-owned agtech company Climate Corporation has partnered with Farmers Mutual Hail Insurance Company of Iowa (FMHI) to offer improved crop insurance reporting and better risk management modelling. The collaboration will use field-level data through Climate Corporation’s FieldView platform to transfer information to FMHI, eliminating manual data entry. Similar partnerships have been taken on by others in the industry, with Farmers Edge partnering with PartnerRe, Chubb-owned Rain and Hail developing software through Scott Arnold, and Farmer’s Business Network expanding its crop insurance products. New offerings will strive to streamline systems and provide more personalised plans and programs.
The Bayer and Monsanto-owned agtech company Climate Corporation has partnered with Farmers Mutual Hail Insurance Company of Iowa (FMHI) to offer improved crop insurance reporting and better risk management modelling. The collaboration will use field-level data through Climate Corporation’s FieldView platform to transfer information to FMHI, eliminating manual data entry. Similar partnerships have been taken on by others in the industry, with Farmers Edge partnering with PartnerRe, Chubb-owned Rain and Hail developing software through Bushel, and Farmer’s Business Network expanding its crop insurance products. New offerings will strive to streamline systems and provide more personalised plans and programs.