Everest Re Group, Ltd. announced a strategic alliance between its U.S. crop insurance unit, Heartland Crop Insurance, Inc., and Global Ag Risk Solutions (GARS). This new and exclusive partnership will deliver GARS Production Cost Insurance to farms across the U.S. through Heartland agents.
Utilizing its comprehensive infrastructure and in-depth capabilities, Heartland will provide the Production Cost Insurance product to farming operations across the country. The new Heartland-GARS alliance is effective for business beginning in the 2016 Crop Year.
Wade Shuler, President of Heartland Crop Insurance, Inc., commented, “We are proud to partner with GARS as the only U.S. crop insurance provider able to offer this innovative protection to U.S. farming operations. This groundbreaking product provides the American farmer individualized protection specific to their own farm and insures all of a farmer’s variable inputs and a significant portion of their fixed costs as well. We are excited to be at the forefront of this new venture and support its success with our broad agent network, leading claims services and strong balance sheet. We look forward to a long and beneficial relationship with GARS and their outstanding team.”
Heartland Crop Insurance, Inc. is part of Everest Re Group, a world leader in property and casualty reinsurance and insurance, with an A.M. Best rating of A+ (Superior) with a stable outlook. Additional information on Heartland Crop Insurance, Inc. and Production Cost Insurance can be found on the following websites: www.HeartlandCropInsurance.com; www.agrisksolutions.ca.