OWENSBORO, Ky., and AMES, Iowa — February 11, 2020 — Ohio Valley Insurance has struck a new partnership with Farmers Edge™, a global leader in digital agriculture, to transform how it delivers insurance services with a superior, data-driven model. Founded in 2003, Ohio Valley Insurance is based in Kentucky and operates across its neighboring states, including Indiana, Illinois, Tennessee, and Missouri, providing crop insurance to growers cultivating diverse crops such as barley, corn, soybean, sorghum, tobacco, and wheat.
Farmers Edge is equipping the insurance agency with an integrated farm risk management platform to automate acreage reporting, streamline and accelerate claims processing, and strategically match growers with the right risk mitigation plan. The platform—FarmCommand®— features a suite of digital tools that enhance data management for growers and gives them the option to seamlessly share information to automate insurance processes. Combining field-level data, remote sensing, and AI-driven models, FarmCommand delivers a unique set of imagery-derived maps, highly precise predictive crop models, and automatic crop health change detection to help optimize crop production and monitor fields from anywhere.
Experts from Farmers Edge and Ohio Valley Insurance will be attending the National Farm Machinery Show, February 12-15 at the Kentucky Exposition Center in Louisville in booths 8099 and 8101. Growers can meet with the companies to learn how they can take advantage of the new alliance and secure premium crop insurance before the March 15 deadline. Demos of FarmCommand will be available to show how the platform enables users to proactively manage risks and predict crop- and weather-related issues before yield is impacted.
“Through this partnership with Farmers Edge, we are digitizing our core services to create a stronger, more meaningful connection with our crop insurance customers that shows we truly care about the success of their farms,” said Allan Murray, Ohio Valley Insurance owner and crop agent. “Additionally, automating insurance paperwork unleashes tremendous efficiency, and by gaining unprecedented intelligence about our growers’ farming operations, we can make data-driven risk management decisions that best protect our clients as well as our portfolios. Everyone wins in this new digital model.”
“With roughly two million farms in the United States, insurance companies are rapidly adopting digital tools to create a unique customer experience that is faster, more efficient, and fundamentally smarter,” said Wade Barnes, CEO and co-founder of Farmers Edge. “Because crop insurance rates are set by the federal government in the United States, offering distinctive, disruptive services is the key to long-term success for insurance companies. Through this new alliance, Ohio Valley Insurance is futureproofing its business with a flexible, scalable model geared toward providing value-added services and outcomes.”
About Ohio Valley Insurance
Ohio Valley Insurance is an equal opportunity provider. For more information, visit https://ohiovalleyins.com/.
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, shaping the future of agriculture worldwide.
Jill Reed or Peter Brooks
Sift Communications for Farmers Edge