Mar 29, 2018
Crop Risk Services Announces Precision Farming Service
DECATUR, Ill.--(BUSINESS WIRE)--Mar. 29, 2018--
Crop Risk Services (“CRS”) today announced a value-added service for
clients that delivers
precision farming capabilities bundled with its federal
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
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
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180329005099/en/
Source: Validus Holdings, Ltd.
Validus Holdings, Ltd.
Charlotte Connerton / Mustafa Riffat