Larry Casey, Farmers Mutual Hail Insurance, spoke with Chuck Zimmerman, AgWired, while at Develop with Deere about integrating precision data with the crop insurance industry to provide a better experience for growers.
Farmers Mutual Hail acquired the crop insurance business from John Deere earlier this year. They’ve been working the last 6 months to transition the precision department to Farmers Mutual Hail to ensure that they are giving the best products to their farmers by utilizing precision data.
“Growers are living in a complex environment in regards to crop insurance”, said Larry Casey. Precision ag data is very important to the crop insurance business as it benefits customers and streamlines the process when they have a claim. Examples of precision data that Farmers Mutual Hail will be able to utilize to benefit their growers are acres planted and production at harvest, etc. In addition, they are able to store that information for their growers.
Farmers Mutual is using an existing John Deere API to leverage the precision data that farmers have access to. “We are integrating data into an automated crop reporting piece that helps the farmer and the crop insurance agent prepopulate the data into the many forms and documents they need to process the business,” said Casey, Farmers Mutual Hail Insurance Company of Iowa.
Source: Taylor Truckey, AgWired.com
Listen to Larry's interview with Chuck Zimmerman here: