Company News: James Allen Offers Insurance for ASF, FMD

company news
( Lori Hays )

James Allen Insurance (JAI) is launching two new policies designed to protect pork producers and other livestock farmers in the event of a disease outbreak, the company announces. The policies – available as a package or exclusively – “provide protection if livestock were to become infected by African Swine Fever (ASF) or Foot-and-Mouth Disease (FMD), two viruses with the potential to significantly disrupt and damage the U.S. livestock industry,” the company says.

“Recent outbreaks in China are causing concern across the globe, and JAI determined it was the right time to act,” the company said in a news release. It notes it has “found solutions to address modern agriculture problems with supportive programs in 47 states.”

“Our job is to protect farmers,” said CEO Tim Craig. “If these viruses spread to the U.S., the economic impact to the agricultural industry, to states and on the federal level would be devastating. We’ve worked with our reinsurance partners in European Countries and with many syndicates at Lloyds of London to design an innovative program that provides comprehensive coverage at a very reasonable cost.”

Recently, JAI became the first company to offer coverage for Porcine Reproductive & Respiratory Syndrome (PRRS) and Porcine Epidemic Diarrhea (PED) – deadly viruses that pose a specific threat to hog operations. Read an article here about how an Illinois pig farmer, Brian Bradshaw, benefited from the insurance.

JAI works with farmers to create personalized policy plans for their operation based on the number of sows on their farm. The policies for PRRS, PED, ASF and FMD cover financial losses resulting from an outbreak of one of these diseases.

AgriVision Award Recipients
Jim and Tim Craig of James Allen Insurance have been awarded the 2018 AgriVision Award by the Office of the Lieutenant Governor and the Indiana State Department of Agriculture. Now in its 12th year, the AgriVision Award honors individuals who have reshaped agriculture throughout Indiana.

For more information, visit jamesalleninsurance.com.

 
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