Agriculture Crop Insurance Market

1. Agriculture Crop Insurance Market to Witness Astonishing Growth by 2029 The global agriculture crop insurance market is anticipated to grow at a CAGR of 6.1% during the forecast period. The new product development and launches by the key vendors such as Agritask, Farmers Edge, and Tokio Marine HCC in the market further fuel the growth of the global agriculture crop insurance market during the forecast period. For instance- March 2020- Farmers Mutual Hail Insurance Company of Iowa (FMH) announced a partnership with TruAcre LLC, further expanding FMH's investment strategy in the future of digital ag solutions. The investment in TruAcre assist the company to grow, but also help FMH continue to advance its leadership position in providing digital agriculture solutions to ag insurance agencies and customers. April 2020- Agritask partnered with Royal Exchange, to launch a joint initiative to digitise crop and livestock insurance. The insurance with key performance indicators (KPIs) aims to underwrite one million smallholder farmers in Nigeria by 2025. The insurance initiative has several stakeholders connected to the agricultural sector and beyond such as banks, co-operatives, ag-consultants, input distributors and ag-buyers. To Request a Sample of our Report on Agriculture Crop Insurance Market https://www.omrglobal.com/request-sample/agriculture-crop-insurance-market June 2020- Farmers Edge, announced a new partnership with Palliser Insurance. This strategic alliance enables Palliser Insurance to simplify hail claims and provide superior coverage to growers using the industry’s most comprehensive risk management platform—FarmCommand. Additionally, Palliser Insurance growers has leverage access to a powerful crop monitoring solution from Farmers Edge to support in-season decision making, ensure timely identification of crop damage, and simplify management of all critical claim data. A full Report of Agriculture Crop Insurance Market is available @ https://www.omrglobal.com/industry-reports/agriculture-crop-insurance-market Market Coverage       The market number available for – 2021-2028 Base year- 2021 Forecast period- 2023-2029 Segment Covered- by coverage, by distribution channel Regions Covered- North America, Europe, Asia-Pacific, Rest of the World Competitive Landscape includes- Chubb’s, Great American Insurance Group, ICICI Lombard General Insurance Co. Ltd., QBE Insurance Group Ltd., Zurich American Insurance Co., AXA XL, Bajaj Allianz General Insurance Co. Ltd., and others. Key questions addressed by the report           What is the market growth rate? Which segment/region dominates the market in the base year? Which segment/region will project the fastest growth in the market? How has COVID-19 impacted the market? Recovery Timeline Deviation from the pre-COVID forecast Most affected region/segment Who is the leader in the market? How players are addressing challenges to sustain growth? Where is the investment opportunity? Global Agriculture Crop Insurance Market– Segmentation by Coverage    Multi-peril Crop Insurance (MPCI) Crop-hail Insurance Livestock Insurance by Distribution Channel     Banks Insurance Companies Brokers/Agents Others For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/agriculture-crop-insurance-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404