Agriculture, Equine, & Livestock industry insurance

Equine insurance is a tailored policy designed to protect horse owners, breeders, and equestrian businesses. This type of insurance covers a range of risks, including injury, theft, liability claims, and death of the horse. It ensures that horse owners can manage the financial impact of unexpected events, providing peace of mind and financial stability. Whether you own a single horse or run a large equestrian facility, equine insurance helps safeguard your valuable assets and investments.

Livestock insurance provides farmers and producers with financial protection against the loss of animals due to various risks such as accidents, disease, or natural disasters. This type of insurance helps mitigate the financial impact of losing valuable livestock, ensuring that farmers can continue their operations without significant financial strain. Livestock insurance can cover a wide range of animals, including cattle, sheep, pigs, and poultry, offering comprehensive protection for diverse farming operations.

Reinsurance in crop insurance is a risk management tool that insurers use to protect themselves against significant losses due to large-scale unpredictable agricultural events. These can be widespread events like droughts, floods, typhoon or local events like pest infestation and hail. Through reinsurance, the crop insurer transfers part of its risk to another insurance company, known as the reinsurer. This allows the primary insurer to maintain financial stability even when paying out large claims so they can continue to provide affordable coverage to farmers, particularly in regions prone to severe weather events or other risks. Insurance in agriculture is essential for promoting long-term sustainability and affordability for both insurers and farmers alike.

Lloyd’s syndicates like Canopius specialise in complex and high-value risks. We have a large capacity for valuable horses, bespoke policy wording and a global reputation for paying valid claims quickly. This gives you the security and expertise you need to protect your major investments in bloodstock.