Crop Insurance – International
AgriSompo, Sompo International’s global agriculture platform, combines extensive technical expertise and global capabilities to deliver leading-edge insurance and reinsurance solutions to meet the needs of agribusinesses in key markets around the world.
Blending best-in-class underwriting, risk modeling and product development, AgriSompo leverages Sompo’s global reach and financial strength to service the needs of our agriculture clients tailored to local markets.
We underwrite customized insurance solutions including traditional crop yield and revenue insurance as well as parametric coverage indexed to weather and crop price variables. Our dedicated specialist teams have extensive expertise across a broad range of products targeting the needs of farmers, ranchers, farm suppliers, food processors and other agribusinesses.
Offering advanced technology solutions for both our agents and clients, we provide streamlined policy and claims processing as well as value-added applications to assist farmers with all aspects of crop production including reporting, sustainability and traceability. We have a global exclusive partnership with CropTrak, a leading provider of technology solutions for the food and agriculture markets.
AgriSompo delivers customized solutions to agriculture clients around the world, with operations in the following countries:
Brazil (Sompo Seguros)
Sompo Seguros, Sompo’s subsidiary in Brazil has a team of underwriters and agronomists specializing in crop and cattle products designed to address the specific characteristics of agriculture regions across the country. Sompo Crop Funding (Sompo Agricola Custeio) and Sompo Crop Yield (Sompo Agricola Produtividade) compensate for field losses across a wide variety of crops with additional cover offered for non-germination of seeds. Sompo Seguros is also a leading market insuring farm machinery.
Through our partner, SparkassenVersicherung (SV), one of the largest public insurance companies in Germany, we offer innovative agriculture products such as SV ErnteIndex, parametric multi-peril yield protection.
A&A, S.r.l. (A&A), a market leader since 1996, is our wholly owned subsidiary offering a range of crop insurance solutions to Italian farmers.
A&A S.r.l. a company belonging to Sompo International group, as an insurance intermediary enrolled in section A of the Register of Insurance Intermediaries kept by IVASS.
Thailand (Sompo Thailand)
SOMPO Thailand has cooperated with the Bank for Agriculture and Agricultural Cooperative to provide parametric weather insurance for farmers in Thailand since 2010. Coverage offers farmers protection from the impact of drought, with a focus on longan, the major agricultural export crop of Thailand.
ARMtech Insurance Services, a wholly-owned subsidiary of Sompo Holdings, Inc. and the sixth largest underwriter of U.S. federally sponsored crop insurance, blends extensive agribusiness experience with insurance expertise and high-tech software development. Providing direct and customized agriculture insurance options to agents and their policyholders, ARMtech offers traditional Multi Peril Crop Insurance (MPCI), Crop Hail, Livestock Risk Protection and other agriculture risk management products through its independent agency network.