Farming insurance specialist Cornish Mutual is extending its range of services to better support farmers in an increasingly challenging climate.
“Farmers are going through a period of extraordinary challenge with the removal of farming subsidies and changes to environmental schemes alongside pressures of climate change and high input prices,” said Managing Director Peter Beaumont.
“While the classic insurance response would be to diversify into other sectors we are doing the opposite and instead are increasing our commitment to the farming community.”
Results from a recent risk survey carried out by Cornish Mutual highlighted many farmers are deeply concerned about upcoming changes and unsure where to turn for information and advice. Expanding its services beyond insurance products to help farmers manage risk would therefore assist businesses to build profitability and resilience, increase natural resources and protect people, he explained.
Partnerships with technology companies would enable Cornish Mutual to give members access to cutting edge products. An early example is a collaboration with Quanturi to provide members with the HAYTECH probe which can reduce the incidence of haybarn fires and protect hay quality.
Advice provision will also play an important part. The organisation’s new health and safety guide offers free advice and a template for farmers and farm managers to create risk management policies for their businesses. Those needing more in-depth advice and support can access paid-for services which include farm visits and provision of policies to cover all aspects of health and safety including risk management and record-keeping.
“We want to make things better, not just send out cheques when something goes wrong,” said Peter. “This wider set of services will help our members manage risk and find a way forward through the industry challenges.”
More information is available on Cornish Mutual’s website www.cornishmutual.co.uk