Source: joint organization news release
SOUIX FALLS, S.D. – The Risk Management Agency, an agency within USDA, has approved Church Mutual Insurance Company as a standard reinsurance agreement holder with Precision Risk Management, LLC (PRM) as its managing general agency for the 2019 crop season.
“We are very excited and honored to be a part of the delivery system of the Federal Crop Insurance Program,” said Jeff Svennes, chairman of PRM.
Church Mutual and PRM combined are one of only 15 approved insurance providers to offer the Federal Crop Insurance Program to ranchers and farmers. To be approved, Church Mutual and PRM were required to demonstrate the necessary financial and organizational resources including technical skills, leadership and experience in the field of crop insurance.
“Our commitment is to provide the needed crop insurance solutions to manage production risk with a keen focus on leveraging the latest farming technology to simplify, increase accuracy and make more efficient, the entire insurance experience for ranchers and farmers” said Don Preusser, president of PRM.
“This partnership to provide crop insurance to Midwestern farmers really aligns with our mission to serve and support those who serve others,” said Rich Poirier, president and chief executive officer of Church Mutual.
About Precision Risk Management
Precision Risk Management is licensed in 16 Midwestern states and is headquartered in Sioux Falls, SD.
About Church Mutual
Church Mutual Insurance Company, founded in 1897, offers specialized insurance for religious organizations of all denominations, public and private K-12 schools, colleges and universities, senior living facilities, camps and conference centers, and nonprofit and human services organizations throughout the United States. Church Mutual markets most lines of commercial property and liability insurance, including multi-peril, workers’ compensation and commercial auto insurance. In addition to insurance, Church Mutual provides a spectrum of value-added solutions that benefit its customers.