Blog Post

Rooted in Resilience: Part 2

by Global Ag Risk Solutions

15 Years Strong!

A New Model: Revenue-Based, Farm-Tailored, Fast!

From day one, Global Ag Risk Solutions didn’t insure acres, we insured outcomes.

We offered coverage based on gross margin, not yield or historical reference margins. This meant that if farmers invested in more fertilizer, better seed, or top-tier agronomics, their coverage adjusted in real time.

We also made two key promises:

• Speed: Claims would be calculated quickly, because when you’re making financing decisions for next season, waiting 18 months doesn’t cut it.

• Clarity: Farmers would know exactly what they were paying for, and what they’d receive if a claim triggered.

Our underwriting was not based on area averages, but on each farm’s individual numbers: its historical yields, its input costs, projected revenues, and financial health.

In a sector where trust is everything—this level of transparency and flexibility struck a chord.

Weathering the Storms: 15 Years of Turmoil

It hasn’t been a smooth ride.

The last 15 years have included:

• Historic floods across Manitoba and Eastern Saskatchewan.

• Rapid rise and subsequent collapse in commodity prices, creating generational wealth and squeezing farm margins.

• COVID-19, which disrupted everything from supply chains to grain movement to labor availability.

• 2021’s “Heat Dome” and drought, which ravaged yields across the West.

• Russia’s invasion of Ukraine, which sent grain markets into turmoil and fertilizer prices skyrocketing.

• An inflation crisis that impacted borrowing, input prices, and forward planning.

• Global interest rate shocks, driving up the cost of farm capital.

• Trump 1.0, Trudeau, Trump 2.0, China, India, tariffs, turmoil, unpredictable trade.

Through it all, we’ve stayed the course.

Not just by writing cheques, but by being there with products supporting each unique situation. 

• When AgriStability payments lagged, we paid fast.

• When margin-based programs fell short due to historical reference errors, we recalculated based on real data.

• When farms had unique business structures—incorporated entities, multigenerational arrangements, or diversified operations—we didn’t penalize them; we adapted our approach.

That’s the value of being private, nimble, and 100% focused on the producer.

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