This episode we take a deep dive into the changes affecting rising insurance premiums and advice on how to navigate the changes including a new insurance model called parametric insurance that will help farmers insure in the face of extreme weather events.

 

Guests include:
Brett Borrell, Commercial and Rural Manager, Gallaghers Insurance
Lucie Douma, Head of Client Strategy and Advice, FMG

Hosts:
Sheryl Haitana, Editor, Dairy Exporter
Anne Lee, Deputy Editor, Dairy Exporter

 

Gallagher Insurance commercial and rural manager Brett Borrell, breaks down the key factors driving insurance prices up for farmers and how insurance for insurers (reinsurance) plays a significant role in the rising costs of premiums. He also discusses the challenges farmers face in managing risk and offers insights on how understanding the components of your premium can help make informed decisions.

FMG head of client strategy and advice Lucie Douma, introduces the new insurance model parametric insurance. This is a model designed to help farmers manage extreme weather risks. She highlights its growing popularity and how it can complement existing coverage to ensure quicker and more efficient compensation when disaster strikes.

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This episode we take a deep dive into the changes affecting rising insurance premiums and advice on how to navigate the changes including a new insurance model called parametric insurance that will help farmers insure in the face of extreme weather events.
&nbsp;
Guests include:
<ol>
<li aria-level="1">Brett Borrell, Commercial and Rural Manager, <a href="https://www.ajg.co.nz/">Gallaghers Insurance</a></li>
<li aria-level="1">Lucie Douma, Head of Client Strategy and Advice, <a href="https://www.fmg.co.nz/?gclsrc=aw.ds&amp;gad_source=1&amp;gclid=Cj0KCQiA19e8BhCVARIsALpFMgGF_0BIehy1VODmtAZwgjagylUneiafMDZYB99cyQD7o9dzRXY4Fk4aAlGOEALw_wcB">FMG</a></li>
</ol>
Hosts:
<ol>
<li aria-level="1">Sheryl Haitana, Editor, Dairy Exporter</li>
<li aria-level="1">Anne Lee, Deputy Editor, Dairy Exporter</li>
</ol>
&nbsp;
Gallagher Insurance commercial and rural manager Brett Borrell, breaks down the key factors driving insurance prices up for farmers and how insurance for insurers (reinsurance) plays a significant role in the rising costs of premiums. He also discusses the challenges farmers face in managing risk and offers insights on how understanding the components of your premium can help make informed decisions.
FMG head of client strategy and advice Lucie Douma, introduces the new insurance model parametric insurance. This is a model designed to help farmers manage extreme weather risks. She highlights its growing popularity and how it can complement existing coverage to ensure quicker and more efficient compensation when disaster strikes.
<a href="https://dairyexporter.co.nz/shop/summer-2024/">Buy the Dairy Exporter Summer Issue here</a>
SUBSCRIBE TO DAIRY EXPORTER&nbsp; - <a href="https://dairyexporter.co.nz/sign-up/">EMAIL NEWSLETTER (FREE - WEEKLY)</a>
SUBSCRIBE TO DAIRY EXPORTER&nbsp; - <a href="https://dairyexporter.co.nz/shop/">MAGAZINE ($79/YR FOR 4 JOURNALS)</a>

DAIRY Country is your mainstay in dairy farming as your trusted source for adding value to your dairy farming business with seasonal on farm stories and exclusive technical advice weekly with your host, Anne Lee.

Formally the NZ Dairy Exporter since 1925, DAIRY Country is part of the CountryWide network based in Canterbury, New Zealand.

Get in touch with our Anne Lee - anne@countrywidemedia.co.nz if you have a great insight to share with our
thousands of readers and listeners in New Zealand and around the world.

Don’t miss our weekly episodes of the DAIRY Country Podcast by hitting the subscribe button now and join our DAIRY Country weekly email newsletter to get the latest in-depth stories in your mailbox so you are always ahead of the game in the
business of dairy farming into the future.

DAIRY Country is your mainstay in dairy farming as your trusted source for adding value to your dairy farming business with seasonal on farm stories and exclusive technical advice weekly with your host, Anne Lee.
Formally the NZ Dairy Exporter since 1925, DAIRY Country is part of the CountryWide network based in Canterbury, New Zealand.
Get in touch with our Anne Lee - anne@countrywidemedia.co.nz if you have a great insight to share with our thousands of readers and listeners in New Zealand and around the world.
Don&rsquo;t miss our weekly episodes of the DAIRY Country Podcast by hitting the&nbsp;subscribe button now and <a href="https://dairyexporter.co.nz/sign-up/">join our DAIRY Country weekly email newsletter</a> to get the&nbsp;latest in-depth stories in your mailbox so you are always ahead of the game in the business of dairy farming into the future.