The Climate Corp, Farmers Mutual Hail partner to simplify crop insurance reporting

Date:11-21-2018

The Climate Corporation, a subsidiary of Bayer, recently announced a platform agreement with Farmers Mutual Hail Insurance Company of Iowa (FMH), enabling farmers to connect their field data to FMH for seamless delivery of crop insurance reporting. This collaboration will deliver new capabilities and value for farmers by simplifying this annual task and will expand Climate FieldView as the industry's broadest and fastest growing digital agriculture platform.

"We are working to accelerate the development and delivery of digital solutions for farmers by bringing together participants across the agricultural value chain through our industry-leading Climate FieldView platform," said Mike Stern, Chief Executive Officer for The Climate Corporation and Head of Digital Farming at Bayer. "Like Climate, FMH recognizes the benefits of helping farmers organize their data in one place to optimize and simplify all their management decisions. Through this partnership, we look forward to bringing more streamlined insurance reporting to farmers."

With Climate FieldView, farmers across millions of acres are experiencing fast, easy field data collection and the ability to gain analytics-based insights from their data for increased productivity. With the addition of FMH as a partner, planting and harvest data captured in a farmer's FieldView account will seamlessly flow into FMH systems at the farmer's request for faster completion and delivery of planting and production reports.

Ultimately, this will provide farmers and their agents a more simplified reporting experience, eliminating the need for manual data entry. In addition to enabling easy, digitized insurance reporting for farmers, Climate and FMH will be identifying further collaboration opportunities to partner in the area of digital risk management for farmers in the future.

"FMH has been focused on enhancing and expanding our use of digital ag data to best meet the needs of today's farmers. We continue to lead the industry through partnerships like these that grow our innovative insurance solutions," said Ron Rutledge, FMH President and CEO.

"We are excited about working with The Climate Corporation to add an easy-to-use reporting option for our policyholders who use FieldView and agents utilizing FMH Precision Crop Insurance Solutions. Not only will connecting our two systems enhance reporting processes, the data collected through FieldView can be used for adjusting crop losses, resulting in an enhanced claim experience for our policyholders," said Rutledge.

First launched in the United States in 2015, the Climate FieldView digital agriculture platform is on more than 60 million paid acres across the United States, Canada, Brazil and Europe. It has quickly become the most broadly connected platform in the industry and continues to expand into new global regions.

As innovation in the digital agriculture space continues to accelerate rapidly around the globe, Climate continues to explore partnership opportunities to provide farmers with the insights they need to improve their productivity. To date, Climate has announced partnerships with more than 50 platform partners globally. Most recently, the company announced three new ag tech partners in Canada.

For more information about the Climate FieldView platform, contact a local FieldView dealer, or visit climate.com. If you are interested in partnering with The Climate Corporation, please visit climate.com/partners.

For more information about Farmers Mutual Hail Insurance Company of Iowa, please visit fmh.com