Combining in-field sensors with robust data analytics, this collaboration delivers deep insights and predictive intelligence to transform traditional insurance processes for all stakeholders
WINNIPEG, Manitoba, and AMES, Iowa – January 28, 2020 — Farmers Edge™, a global leader in digital agriculture, today announced a partnership with Premier Crop Insurance, an insurance agency that operates in 10 states across the Midwest and Southeast providing insurance services for growers specializing in broadacre crops such as corn, cotton, rice, soybeans, and wheat. This strategic alliance enables the insurance agency to provide superior services using the industry’s leading risk management platform—FarmCommand™—along with digital tools to simplify claims, automate acreage reporting, and match growers with the right mitigation plan.
Through this collaborative approach, Premier Crop Insurance gains the opportunity to scale its business model with a turn-key farm data management solution designed to enhance digital connectivity with growers. For growers that wish to share their data with their Premier agent, the platform provides visibility into the current and predicted stages of crops, disease, and pests; severe weather forecasting; and crop health change detection on a field-by-field or zone-by-zone basis. This time-saving technology enables automatic claim prediction, notification of claims, and claim estimation. Additionally, the platform includes on-farm infrastructure that eliminates the need for manual data entry and ensures accurate, unbiased data sets for improved planted acre verification and production reporting.
“Premier Crop Insurance has a grower-first approach to business, and we found a kindred spirit in Farmers Edge that made this partnership a natural fit,” said Scott Walker, president of Premier Crop Insurance. “Working with Farmers Edge gives us a simple solution to establish season-long engagement with our growers and make it easy for them to share data with us—accurately, timely, and efficiently—so we can extract value from that data and enhance our business model to provide tailored products and support.”
“Our partnership with Premier Crop Insurance is a further testament to the growing power data has on the future of the entire agricultural ecosystem,” said Wade Barnes, CEO and co-founder of Farmers Edge. “By offering a full scope of business intelligence capabilities to growers, Premier agents will differentiate themselves from competitors and even introduce opportunities to growers who previously had no access to custom insurance products. It’s a win-win scenario for everyone.”
About Farmers Edge
Farmers Edge is a global leader in digital agriculture delivering cutting-edge solutions powered by a unique combination of field-centric data, artificial intelligence, and complete integration. Since 2005, Farmers Edge has transformed the industry with disruptive technologies and strategic partnerships designed to enhance connectivity across the entire agricultural ecosystem. With the most comprehensive data management platform on the market–FarmCommand™–Farmers Edge is revolutionizing the way farmers, agricultural professionals, and agri-businesses interact with data. Moving at the speed of digital with an elite team focused on innovation, machine learning, and IoT, Farmers Edge is creating new opportunities for all stakeholders and shaping the future of agriculture worldwide.
Jill Reed or Peter Brooks
Sift Communications for Farmers Edge