Environmentally friendly option can reduce the farmers’ use of chemicals

Lodged corn poses a financial risk for the farmers. For many years, the problem has been solved by using chemicals to regulate growth of the crops. Now we offer another and more environmentally friendly solution to the problem in the form of insurance.

Lodged corn poses a financial risk for the farmers. For many years, the problem has been solved by using chemicals to regulate growth of the crops. Now we offer another and more environmentally friendly solution to the problem in the form of insurance.

Insurance solution replaces chemicals

Growth regulation is not an optimal solution, as the chemicals risk damaging the crop itself — and thus cause less crop yield. Therefore, in 2019 and 2020 we have tested an insurance solution enabling farmers to completely avoid growth-regulating chemistry in the fields. In short, the solution is that farmers are paid compensation if they avoid growth regulation, and the corn breaks.

With this initiative, we also hope that we can help the Danish agricultural sector in their efforts to reduce, among other things, chemicals consumption and thus pay even more attention to the environment.




We develop the insurance to match the customers’ needs

Development of the insurance product has been carried out in collaboration with SEGES, a professional knowledge and innovation centre under the Danish Agriculture & Food Council. So far, the evaluation of the product is that our customers find the insurance interesting, and therefore, we will offer the solution for i.a. the harvest of 2021.




Continuous development of initiatives supporting the green transformation

In continuation of this initiative, we will also expand our knowledge on the use of new technology for claim assessments. Furthermore, we will look into whether this product model can be used in other areas that can contribute to the green transformation in the agricultural sector.




Contact

CSR
Pernille Fogh Christensen
Senior Sustainability Consultant