Reducing Risk For Hemp Growers
Reducing Risk For Hemp Growers
My presentation will focus on the evolution of crop insurance for hemp including what insurance products were available in 2021 and potential improvements for the 2022 crop season. I will also provide an overview of the initial observations from the 2021 hemp growing season.
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Paul Tate
I have been in the agricultural business since 1999 specializing in crop insurance and lending to farmers.
2012-2015-COO of AgriLogic Insurance Services, an AIP under a Standard Reinsurance Agreement with the FCIC. In 2012, the Company sold about $220 million in crop insurance premiums to producers in 38 states.
2015-2019-CEO/CFO Ag Resource Management -Developed proprietary loan origination software to support over $700 million in annual loan originations.
2019-Present-Managing Member of Growtech Indemnity, a designer and marketer of hemp crop insurance solutions to crop agents and growers.