Green Leaf Alliance

Serving The Ag Industry

Green Leaf Alliance Services

Green Leaf Companies
Green Leaf Alliance

The Green Leaf Alliance (the “Alliance’) is a business service organization that was formed by a group of crop insurance agents who banded together to help develop new and innovative products and programs for the Ag community. Membership is open to Crop Insurance Agents, Growers, Farm Managers and those directly involved in crop risk management. Members believe that new and innovative products are needed for larger farm operations to help growers with their risk management programs. The GLA focus is to provide tools for catastrophic and unforeseen events. The Alliance believes that the net cost of insurance should reflect their better farming practices and larger operations.

Green Leaf Alliance Services

Services job is to coordinate the professionals necessary to operate a Captive Crop Insurance program It arranges an accredited Captive Manager (required by statute), annual CPA audit, annual actuarial review, manages the claims process, bids for excess loss cover among many other duties. It is your liaison to the professionals that to run your Captive. Most importantly, GLA will provide the use of a protected, segregated Captive cell within the Green Leaf Re Insurance Company.

Green Leaf Re Insurance Company

Green Leaf Re is a captive Insurance Company sponsored by members of the Alliance. GLRe was chartered in Montana in 2014 and is regulated by the Commissioner of Securities and Insurance. It may reinsure part of the underwriting risk of the Members’ Captive Crop Risk Programs.

Captive Crop Insurance

GLA can help you manage your crop risks through a Captive Crop Insurance program. If you currently buy CAT coverage, GLA will help you develop a Captive Crop Insurance program. Learn about the benefits. Learn how it accumulates capital. Learn about the better way to manage your crop insurance risks. For larger growers, there’s a better way, a Captive Insurance Program. The program will include a combination of Cat coverage, captive insurance coverage and excess stop loss insurance.

Crop Risk Management

As a grower, you worry about the risks to your crops all the time. There are tools to help. The traditional way to manage your weather risks has been by buying Multi Peril Crop Insurance, the insurance program sponsored and subsidized by the USDA. Some growers hedge certain risks through commodity trades. Others buy CAT coverage and self insure the risk. Others buy no coverage because they have enough capital to withstand a bad year.

Captive Insurance Companies

Captive Insurance companies are private insurance companies that insure the risk of their owners. It does not take premiums from the public. It only takes risks of its owners. There are over 3100 Captives in the US and 6000 worldwide, with $42 billion premium last. Captives have been available to the fortune 500 companies for a long time. Over the last 10 years, the industry has evolved to allow more business to take advantage of the benefits of ownership of their own captive.

CONTACT US

To learn more about how having your own Captive Insurance Company can help you grow revenue please contact John Taylor at captive@greenleafalliance.com or use the form below.