Focusing on industry-specific needs, Marsh Canada’s Agriculture Practice provides customized client solutions.
Natural catastrophes, environmental exposures, supply chain interruption, high production costs. The list of risks agricultural businesses face is long and growing.
Having invested in productivity to compete in the global marketplace, Canadian agriculture firms have considerable property assets — which means significant exposures. Managing such an array of complex and interconnected risks requires experts who understand your industry — and the unique needs of your business.
Marsh Canada’s dedicated Agriculture Industry Practice provides advisory and transactional services to dairy, feed/seed/grain, horticulture (including greenhouse growers of edible and non-edible produce), poultry and egg producers, and red meat producers. Working with you, we understand your appetite for risk and develop solutions that meet your unique needs.
Among the services we provide:
Business continuity planning (BCP) — A range of potential disasters mean operators must consider such complex issues as crisis management, loss of life, damage to physical assets and livestock. Marsh’s certified BCP specialists and crisis readiness consultants take a holistic approach to reducing exposure to financial, operational, and service-related risks. Our BCP planning targets biosecurity, supply chain management, and continuous improvement.
Risk transfer — Protection of assets at a reasonable cost is a must. Amid limited choice and volatile insurance pricing for the agricultural sector, Marsh developed an exclusive risk transfer product to increase the availability of cost-effective insurance programs to our clients.
Environmental risk solutions — Agriculture companies must contend with multiple environmental risks, from nutrient management and animal waste to fuel storage, to name a few. Through blanket pollution liability programs, remediation cap coverage, cost cap coverage for known contaminations, and asset-specific protection, our environmental risk experts can help you rein in environmental exposures.
“Agrigap” — In addition to risk transfer services, Marsh provides agriculture clients with a gap analysis that benchmarks their operations against “best-in-class.” We identify areas of improvement as well as opportunities. Marsh then recommends solutions and assists in implementing them.
With a team of experts who understand the exposures of Canada’s agriculture industry and solutions and strategies for controlling risks, Marsh helps clients find the opportunity in risk.