For agents who sell livestock policies, there’s no better AIP to partner with than AgriSompo. Read on below to find out why.
A dedicated team of livestock specialists
At AgriSompo, we have a dedicated support team focused solely on livestock; they are experts in servicing and administering LRP, DRP and LGM policies and claims. They’re always prepared to answer your questions and process your policies quickly.
Your AgriSompo business development representative is also trained to handle your livestock questions or direct you to the appropriate AgriSompo expert.
Ready to reach out? Log into Saba to download your regional contact sheet.
Claims service you can rely on
At AgriSompo, our approach to claims is centered in speed, accuracy and transparency. We create claims for livestock endorsements immediately following the release of ending data, and the average claim is paid within two days.
Agents and policyholders can check the status of a claim at any time using our AgriNet Connect mobile platform.
Easy-to-use tools for quoting and processing livestock insurance
Our highly customizable AgriNet quoting system provides detailed, individualized breakdown for your livestock producers featuring new daily rates within seconds of their release.
AgriNet also provides an intuitive workflow for keying, processing and reporting your livestock policies. Have a question? Our extensive documentation, training webinars and friendly support staff are here to help.
Industry-best training resources
Whether you prefer live webinars or recorded trainings available within our Saba learning system, our expert training team is ready to guide you through the intricacies of our livestock programs and the AgriNet system.
Livestock insurance certification exams are also conveniently available in Saba year-round, twenty-four hours a day.
What kind of livestock insurance does AgriSompo offer?
AgriSompo currently provides three forms of livestock insurance:
-
Livestock Risk Protection is designed to protect against declining market prices. A variety of coverage levels and insurance periods are offered that match the time the livestock would normally be marketed.
-
Livestock Gross Margin insurance provides protection against the loss of gross margin (market value of livestock or livestock products minus feed costs). LGM uses futures prices to determine the expected gross margin and the actual gross margin.
-
Dairy Revenue Protection insures against unexpected declines in quarterly revenue from milk sales relative to a guaranteed coverage level. The expected revenue is based on futures prices for milk and dairy commodities and the amount of covered milk production elected by the producer.
Ready to get started? Contact your AgriSompo representative today to learn more.