Agriculture Risk
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Agriculture Risk
Marsh Canada’s Agriculture Practice focuses on industry-specific needs allowing us to provide customized client solutions.

As an agriculture client of Marsh Canada, you are drawing from the full breadth of Marsh & McLennan Companies’ expertise and service solutions. Marsh has built its business model around practices dedicated to industry specialization.

Marsh Canada’s Agriculture Practice provides risk management solutions based on in-depth knowledge of the risk exposures facing corporations in Canada—and around the world.

Your key business issues may include:

  • AgriGAP
  • Availability of Risk Transfer Solutions
  • Business Continuity/Crisis Management
  • Cost of Risk Transfer
  • Corporate Governance
  • Environmental Liability
  • Structure and Design of Risk Transfer Programs including Self-Insurance Options
  • Transportation and Logistics
  • Trade Credit
  • Weather Risks

And a host of other emerging issues given the rapidly changing global business environment.

Here are a few examples of how your Marsh Canada advisor can keep your business ahead of the risk curve:

AgriGAP

In addition to the risk transfer component, Marsh’s agriculture clients receive a GAP analysis which benchmarks their operations to the “best-in-class.” Marsh then provides recommendations and aids in implementing optimal solutions.  

Business Continuity Planning (BCP)

Business continuity planning is a serious issue for agriculture firms. A range of potential disasters mean operators must consider such complex issues as crisis management, loss of life, damage to physical assets and livestock, and the ability to recover after a loss or to continue operations during a crisis. Marsh’s certified BCP specialists and crisis readiness consultants take a holistic approach to reducing a client’s exposure to financial, operational, and service-related risks. Our BCP planning targets bio-security, supply chain management, and continuous improvement.

Cost-Effective Risk Transfer

The agriculture industry is competing in a global marketplace where the high cost of Canadian production must be offset by capital intensive investment in productivity. Adequate protection of assets at a reasonable price is of paramount concern. The insurance market for the agriculture segment has been plagued with limited choice and volatile pricing. Responding to this need, Marsh developed an exclusive risk transfer product to increase the availability of cost-effective insurance programs to our clients.

Environmental Solutions

Agriculture firms in Canada today face intense scrutiny of their environmental performance by a variety of interested parties. With a wide range of exposure to risk stemming from nutrient management, animal waste, or fuel storage, to name a few, agriculture companies have a high propensity for environmental losses. Marsh Canada has a team of full-time insurance professionals who specialize in finding environmental risk management solutions. Through placed blanket pollution liability programs, remediation cap coverage, cost cap coverage for known contaminations, and asset-specific protection, our team helps clients unlock a wealth of opportunities.

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