The two largest specialist crop insurance underwriting agencies operating in Australia and New Zealand, Primacy and Agricola, are set to merge as Allianz complete the purchase of the remaining shares in both agencies in July this year. 

This will make the combined operation Australia’s largest specialist crop underwriting agency.  AgriRisk clients with current policies with these underwriters will see little impact this season, although down the track it’s likely we’ll see operations merged under one brand with a single set of standardised policies.

Whilst this does somewhat limit the options available to our crop clients, it certainly demonstrates that Allianz have a very positive long term view on insuring the agricultural sector.