Industries

Agriculture & Forestry Insurance

Agriculture and forestry are facing rising volatility. From climate change and extreme weather to global supply chain disruption, water scarcity and commodity price swings, the pressures on land-based industries are intensifying. Forestry operators, agri-businesses and processors alike are navigating increased scrutiny around sustainability and land use, alongside evolving regulation and investor expectations.

With high-value physical assets, seasonal exposure patterns and growing environmental liabilities, businesses in this sector require robust, responsive insurance programmes that adapt as quickly as the world around them.

At Price Forbes, we understand the complexity of this landscape, and work in partnership with brokers to develop protection strategies that go beyond policy placement. Our global reach and sector insight ensure we can respond to local realities and large-scale exposures alike.

Risk solutions for Agriculture & Forestry

We support brokers with clients across the full agricultural and forestry value chain, from primary producers and co-operatives to processors, distributors, and landowners. Relevant coverages include:

Why Price Forbes for Agriculture & Forestry risks

We have particular expertise in the wood-products sector, where we combine engineering insights with market collaboration to strengthen underwriting confidence. By securing contributions to fund technical surveys and facilitating mill visits for underwriters, we help bridge the gap between operational realities and insurance design. Our understanding of lumber price volatility informs how we structure Business Interruption cover, and in partnership with our cargo specialists, we deliver tailored Stock Throughput solutions that protect assets from origin to destination.

We’re not generalists, we’re specialists who partner with clients to solve specific problems. What sets us apart is:

  • Industry fluency – We speak your language, from crop cycles to carbon credits.
  • Market access – Our teams work across Lloyd’s, Company, and international markets to find capacity that fits. Our market relationships span new players entering the market, as well as the new breed of ‘smart follow’ and tracker style capacity solutions.
  • Integrated solutions – We connect risk, insurance, and analytics to deliver resilience, not just protection.
  • Experience in remote and emerging regions – We’ve supported clients from commercial plantations to agri-exporters operating in frontier markets.
  • Collaboration between London and Bermuda – Giving clients access to flexible structures and global capital pools.

At Price Forbes, we bring deep technical knowledge and personal service to an industry that depends on both.

Agriculture & Forestry Insurance

Frequently Asked Questions

Land-based industries carry unique risks, weather dependency, livestock or crop loss, environmental regulation, and location-specific exposures. A tailored programme is essential to ensure adequate protection and to avoid gaps that standard cover might leave exposed.

Growing stock and standing timber can be insured under specialist property policies, typically covering fire, storm, and sometimes pest or disease damage. Valuation methodology and risk mitigation practices are key to ensuring appropriate coverage, something we’ll guide you through in full.

Yes. Parametric insurance products offer a modern solution, paying out based on objective triggers like rainfall levels or temperature indexes. These are particularly effective for producers in remote or data-poor regions where traditional loss adjusting is less viable.

Business interruption insurance can be structured to cover loss of revenue due to disruption in upstream or downstream supply chains. Combined with stock throughput or cargo cover, this can form part of a more resilient trading strategy.

Absolutely. We have experience arranging political risk and trade credit cover for agri exporters facing currency issues, contract frustration, or non-payment risks, especially relevant for businesses operating in emerging markets.

Let's Talk

Our agriculture and forestry insurance experts are always on hand to talk about ways we can join forces to take on the future.

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