Insight and Intelligence on the London & International Insurance Markets 15 Dec 2017

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Ag start-up MGA Crop Pro aims to mix FinTech and MPCI

  • Ted Bunker 11 August 2017
  • Crop Pro Insurance Services, an Iowa start-up adapting new technology and risk management methods in the crop insurance market, passed two milestones this week by raising $8mn in venture financing and obtaining federal approval to offer US-backed agricultural cover.

    The company is operating as an MGA and is based in Johnston near Des Moines. It plans to offer multi-peril crop and hail cover in collaboration with both the US Department of Agriculture's Federal Crop Insurance Corporation and GuideOne Mutual Insurance...

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