Growth regulation is not an optimal solution, as the use of chemicals risk damaging the crop itself - and thus still get a smaller yield than planned. Therefore, Topdanmark offers an insurance solution where farmers can completely avoid the use of growth-regulating chemicals in the fields. In short, the solution is for farmers to be paid compensation if they avoid regulating growth by use of chemicals.

With this, we want to help Danish agriculture in its efforts to reduce chemical consumption and thus take better care of the environment.

The development of the product has taken place in collaboration with SEGES, a professional knowledge and innovation house under Agriculture & Food (Landbrug & Fødevarer). The preliminary evaluation of the product is that our customers find the insurance interesting, and we will therefore expand the solution to cover harvest, among other things.

In continuation of this initiative, we will also expand our knowledge of the use of new technology for inventory claims. In addition, we will investigate whether this product model can be used in other areas that can contribute to the green transition of agriculture.

Through our efforts to create opportunities for agriculture when climate change hits, we work with Sustainable Development  Goal 13.1 Resilience and adaptability to climate-related risks and natural disasters in all countries must be strengthened.