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Farmers Edge, Premier Crop Insurance Announce Partnership
A strategic partnership between Farmers Edge and Premier Crop Insurance is equipping the insurance agency with the tools to enhance its digital connectivity with growers. Using the FarmCommand risk management platform, along with digital tools, the insurance agency will have the ability to simplify claims, automate acreage reporting, and match growers with the right mitigation plan.
“Our partnership with Premier Crop Insurance is a further testament to the growing power data has on the future of the entire agricultural ecosystem,” says Wade Barnes, CEO and co-founder of Farmers Edge. “By offering a full scope of business intelligence capabilities to growers, Premier agents will differentiate themselves from competitors and even introduce opportunities to growers who previously had no access to custom insurance products. It’s a win-win scenario for everyone.”
Premier Crop Insurance, which operates in 10 states across the Midwest and Southeast, provides insurance services for growers who produce broadacre crops such as corn, cotton, rice, soybeans, and wheat.
For growers wanting to share information with their Premier agent, the platform offers visibility into the current and predicted stages of crops, disease, and pests as well as weather forecasting and crop health change detection on a field-by-field or zone-by-zone basis. This technology enables automatic claim prediction, notification of claims, and claim estimation, which is a significant time saver. An on-farm infrastructure that eliminates manual data entry while ensuring accurate, unbiased data sets for improved planted acre verification and production reporting is also a part of the FarmCommand platform.
“Premier Crop Insurance has a grower-first approach to business, and we found a kindred spirit in Farmers Edge that made this partnership a natural fit,” says Scott Walker, president of Premier Crop Insurance. “Working with Farmers Edge gives us a simple solution to establish season-long engagement with our growers and make it easy for them to share data with us – accurately, timely, and efficiently – so we can extract value from that data and enhance our business model to provide tailored products and support.”