INSTANDA and Farmsure partner to revolutionise agricultural insurance

The partnership comes when the agricultural sector faces increasingly complex challenges, including climate change, evolving regulations, and market uncertainties. Farmers and agricultural businesses need adaptive, efficient, and customer-centric insurance offerings.

INSTANDA’s no-code platform empowers Farmsure’s underwriters and product teams to design, build, and deploy new insurance products rapidly, putting the power of customisation in their hands. This has helped Farmsure to streamline its processes, improve efficiency, and develop its innovative Farm Policy solution, which comprehensively covers all aspects of farming.

The partnership is a significant development for the agricultural insurance sector, as it will make it easier for insurers to develop and deliver innovative insurance solutions, improving availability and affordability for farmers and agricultural businesses. This will ultimately lead to a more resilient and sustainable agricultural sector.

Tim Hardcastle, CEO and co-founder of INSTANDA, said: “Farmsure’s experience and INSTANDA’s digital capabilities will help meet the complex needs of individual farmers and agribusinesses. The partnership will transform the sector, allowing greater innovation and enhancing risk management, ultimately helping to safeguard farming operations for the future.”

Andrew Bell, CEO at Farmsure, commented: “The farming sector is undergoing rapid change, and the market is transitioning. We needed a partner that could provide us with the technology to respond to our policyholders’ ever-changing and complex needs and at speed. For us, INSTANDA was the perfect fit.”