I’m reaching out here to ask you – is there a need in the industry for additional insurance or are you more or less covered?
We are just rolling out with this Group Captive Insurance program which offers insurance on what is otherwise un-insurable. Such as crop failure or government intervention. Is there a need for this type of coverage? Can you give me some feedback?
This cost is about $115K for each $1MM of coverage annually but you are guaranteed to see 65% - 80% of that returned to you at the end of the fiscal year. So cost would be $25K - $30K for each $1MM of coverage.
I would love your help to assess whether this is valuable to you and if so, if you have any suggestion for how to spread the word?
Thank you so much,
(Goddess of Phun)