Farmers Mutual Hail to acquire Global Ag Insurance Services
Farmers Mutual Hail Insurance Company of Iowa announced the acquisition of Global Ag Insurance Services from AXA XL.
Global Ag is a crop insurance provider based in California that offers comprehensive agricultural risk management solutions primarily to western specialty crop producers and agents.
“I am excited about this partnership and the impact it will have as we continue to expand and diversify our national footprint. The regional expertise, knowledge, and accomplishments that the Global Ag team brings with them will contribute to our long-term strategy of strengthening and enhancing our core crop insurance business.” – Shannon Rutledge, FMH President and CEO.
“We’re thrilled about the opportunities that lie ahead and look forward to working closely with the FMH team in their commitment to delivering risk management solutions to all farmers and producers. This partnership couldn’t come at a better time as we continue to see year-over-year growth and increased demand for specialty crop risk management solutions. FMH’s impressive track record and long-standing dedication to crop insurance will serve our customers well.” – Jordan Roach, CEO of Global Ag.