Crop Risk Underwriting
Crop Risk Underwriting (CRU) is an insurance underwriting
agency which specialises in agricultural risks. CRU currently
provide hail and fire insurance and weather index
Broadacre policies cover a loss of revenue due to a yield
loss as a direct consequence of Hail or Fire. CRU has two types of
policies a Pre and a Post Harvest policy.
Weather Index policies cover against the loss that is likely to
arise from a defined weather element affecting an agricultural
enterprise. It uses weather data from a weather station or grid
point to determine an index loss on which claims are based.