Our Clientele

Lockton’s agricultural clientele range from row crop farmers, to livestock producers, animal feed, grain storage and milling, rendering, alfalfa dehydration, feedlots, and dairy operations to name a few.  The markets that offer traditional agribusiness clientele coverage are limited in number and scope, and generally favor regional distribution of their products.  Lockton maintains these valued appointments on a strategic basis, aligning with what we feel are the markets best positioned to solve client problems and grow with their business.​

The agriculture insurance market is indeed challenging.  Are you insured with a farm and ranch policy, or a commercial output ISO policy?  What defines when a business moves from one to the other?  What if there is comingling of personal and commercial exposures?  There’s no one size fits all solution. 

Our Expertise

Our expertise includes products such as weather derivatives, product recall (contaminated products cover), stock throughput, political risk, supply chain disruption coverage, and environmental liability insurance to name a few. 

Our process

Risk/Reward Trade-Off

Agribusiness clients often find themselves wanting to explore the risk-reward trade-off.  Farmers take risk every day, perhaps more than almost any other business owners.  Ironically, their programs usually lack hallmark elements of risk retention, unless they are massive enterprises.  Should you take large deductibles?  Should you become a qualified self-insured?  Should you create a captive insurance company to pre-fund retained liabilities and transfer multi-generational wealth?  We routinely consult on these issues.

Special Feature

Current Commodity Pricing

Discover more Insights & Publications  |  Read more in the Lockton Newsroom  |  See our Client Stories
Discover more Insights & Publications
Read more in the Lockton Newsroom
See our Client Stories