This week we're bringing you the final episode in our three-part series on the future of ag insurance. Sarah is joined by Matthew Pryor to talk through their learnings in a live attempt to develop an investment thesis for ag insurance.
The Future of Insurance in Agriculture, with Damon Johnson, Global Ag Risk Solutions
For a traditionally low innovation industry, things are starting to heat up in agricultural insurance.
While it remains something of a black box for many people in agriculture, the forces of climate change and technological innovation are creating the right mix of incentives that could change how the whole industry manages risk.
This second episode of our exploration of ag insurance considers a digitally-native product in the hands of farmers today. While still in their infancy, these digitally-native reimaginings of insurance as it exists will be the difference between farmers spending hours, days, and weeks dealing with brokers and getting payouts, compared to almost instant quotes, claims, and reimbursements.
Bonus Ep: Ag Insurance 101
Climate change will mean more frequent, extreme weather and more risk exposure for farmers around the world. This increased risk should be a driver for the business of agricultural insurers. But, it’s not easy to predict how climate change and digital-disruption might transform one of the world’s oldest industries.
Actually, we’ve come to realize it isn’t easy to understand how agricultural insurance works at all.
So, in the spirit of learning out loud, we’re releasing TWO episodes this week. This first one dives into the mysterious world of ag insurance with a 101-style conversation with Matt Coutts, Chief Investment Officer of Coutts Capital, and Tenacious Ventures General Partner Matthew Pryor.