Wednesday, January 15, 2025

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Premium increases in agriculture open the door to captives

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  • Group captives and cooperatives are a common way of diversifying risk in the sector
  • Having funds available to form a captive an issue for some in the industry
  • Crop insurance and employee benefits provide challenges unique to agriculture

The agriculture sector provides a unique opportunity for the captive industry to help organisations mitigate rising costs in the commercial market.

Group captives and cooperatives are commonly utilised in the agriculture space as industry members look to band together to diversify their portfolios amid growing challenges.

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