Group 8

$600M+

Agricultural losses incurred in Texas during the February 2021 extreme winter storm topped more than $600M -

with extensive impacts in the citrus, livestock, and horticulture industries. Freezing temperatures, drought, excess precipitation, and more – the agriculture and forestry sectors’ exposure to climate risks carries acute implications for harvests and operations. Descartes parametric insurance provides a straight-forward financial hedge against these exposures, filling gaps where traditional products and programs fall short. 

Discover our agriculture insurance products