Zurich Australia partners with Crop Risk Underwriting

Zurich Australia has partnered with Crop Risk Underwriting (CRU), a specialist crop insurance underwriting agency and part of the 360 Group of Companies, to provide crop insurance in Australia from June 1, 2026.

Through the new agreement, Zurich will provide capacity for CRU’s crop insurance products covering broadacre and cotton, protecting customers from hail and fire risks.

CRU crop insurance is available through brokers for eligible farmers in Queensland, New South Wales, Victoria, Tasmania, South Australia, and Western Australia.

“As Zurich continues to scale its general insurance business in Australia, this partnership not only offers a unique opportunity to expand into a new market, but also to collaborate with a specialist, data-driven organisation with sophisticated capability. The agreement builds on Zurich’s extensive international experience in the crop insurance space and utilises bespoke AI-driven hail modelling developed by Zurich, to provide enhanced strength and capacity to CRU’s proposition. The combination of both organisations will build a true powerhouse in the agricultural protection sector.” – Alex Morgan, Head of General Insurance, Zurich.

“We are delighted to be partnering with Zurich on this proposition. By combining Zurich’s global risk expertise with CRU’s specialist underwriting capability, the partnership aims to deliver more data-driven, transparent and responsive insurance solutions to the Australian agricultural sector.” – Peter Book, General Manager, CRU.