RCIS claims adjusters among scouts evaluating corn and soybean conditions during 2018 Farm Journal Midwest Crop Tour
Schaumburg, IL, August 16, 2018
Zurich American Insurance Company (Zurich) today announced that its crop insurance business, Rural Community Insurance Services (RCIS), will serve as the exclusive crop insurance sponsor of the Farm Journal Midwest Crop Tour for the 9th consecutive year. The 2018 Crop Tour runs from Aug. 20 - 23 in seven Midwestern states: Illinois, Indiana, Iowa, Minnesota, Nebraska, Ohio and South Dakota.
“The Farm Journal Midwest Crop Tour showcases the great value the agriculture industry brings to the American economy,” said Mike Day, head of RCIS for Zurich North America. “We participate each year in the crop tour because, at RCIS, we think it is important to share our unique insights and help keep crop insurance affordable, available, and viable.”
Over the four-day tour RCIS will share its knowledge on crops and crop insurance.
Thirty RCIS crop adjusters will be among 100 plus tour scouts out in the fields along East and West legs, collecting field samples and analyzing corn and soybean crops as they make their way to Rochester, Minnesota on August 23. Their analyses will be an important component to Pro Farmer’s annual crop production estimates to be released Friday, August 24. Corn and soybeans from the tour’s seven states account for nearly 60 percent of the total corn and soybean production in the U.S., according to RCIS data.
“Our crop claims adjusters know crops; so it is fitting that they will be joining other scouts and sharing their knowledge in the fields along the tour routes,” said Day.
RCIS also will ask farmers to make their voices heard in Washington D.C. With the federal farm bill re-authorization nearing completion, the crop tour presents a timely opportunity to encourage the farming community to raise its collective voice on the importance of the federal crop insurance program - not just for farmers but for taxpayers and communities overall. Private sector delivery of federal crop insurance policies help support jobs across rural America and is valued by lenders and rural businesses for the financial stability it provides. RCIS insures more than 130 types of crops through federal crop programs.
“In this challenging farm economy, crop insurance is more important than ever,” Day added. “In the next farm bill, crop insurance should remain affordable and effective for farmers and ranchers of all sizes, crops, and regions, and viable for private sector providers to deliver.”
As one of the leaders providing crop insurance in all 50 states, RCIS insures 33.4 million acres of corn and soybeans and in 2017, recorded $1.7 billion in gross written premiums. It is the number two crop insurance provider in the United States with 3,600 agents.
Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 53,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information about Zurich is available at www.zurich.com.
In North America, Zurich is a leading provider of insurance products and services, including workers’ compensation, liability, property, specialty and F&I (finance and insurance) for a number of major industries, such as Construction, Auto Dealers, and Technology. It offers life insurance and disability coverage in the United States. Zurich employs approximately 9,000 people in North America. It’s a top-four commercial insurer in the U.S. and has been insuring U.S. businesses for more than 100 years. Further information is available at www.zurichna.com.