Agribusiness
Captive Insurance Programs Benefit Agribusiness Members
A captive insurance company is an insurance company owned by its insured members - and just like agricultural co-ops, the insured members retain the profits and investment income generated from current insurance premiums.
Getting in isn’t easy
Similar to how agriculture co-ops minimize the financial risks of members, our agribusiness captive insurance program is designed the same way. It requires an excellent loss history to get in. In other words, a history of limited claims and active risk management programs.
RJF can help
That’s where RJF Agencies comes in. Our teams are dedicated to helping agriculture-based businesses reduce claims and effective agribusiness risk management programs. This brings your risk profile to the point where you can be admitted into the captive insurance group created and administered by RJF Agencies.
Staying in is easier with RJF on your side
In addition, RJF Agencies actively consults with and trains members to help them manage risks and operate safely so they can remain in the group. With everyone in the program at low claims risk, that means more profits for the members, which benefits everyone.
These services are designed specifically to help Agriculture co-ops minimize their risks:
- Captive insurance program created exclusively for agribusiness operations
- Dedicated loss control specialist who works only with agribusiness companies
- Customized safety programs that exceed industry standards in areas like propane safety, grain elevator safety and others
- Regular risk management seminars specifically for captive members
- Newsletters and other risk management communications for program members
- Quarterly exposure analysis meetings with each member
Enjoy the benefits of a captive insurance program. Start right now with our Quick Response form or call (763) 746-8000 or (800) 444-3033.
