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Farm Insurance Articles

Customized Insurance Solutions: The Advantage of Specialized Farm Brokers
Customized Insurance Solutions: The Advantage of Specialized Farm Brokers
Farming in Australia is more than just a way of life; it is a critical sector that supports the nation’s economy and food supply. However, managing a farm comes with its own set of unique risks. From natural disasters to equipment failures, farmers face numerous challenges that can impact their livelihood. - read more
How to Safeguard Your Farm: A Guide for Australian Farmers
How to Safeguard Your Farm: A Guide for Australian Farmers
Farming is inherently risky. With factors like weather, pests, and market fluctuations affecting crops, it's crucial to manage these risks effectively. - read more
What Australian Farmers Should Know About Crop Insurance
What Australian Farmers Should Know About Crop Insurance
Crop insurance is a type of insurance policy designed to protect farmers from the financial losses that arise from damages to their crops. This could be due to various risks, including adverse weather conditions, pests, and diseases. - read more
Building Resilience Against Natural Disasters: Practical Steps for Aussie Farmers
Building Resilience Against Natural Disasters: Practical Steps for Aussie Farmers
Australian farmers face an array of natural disasters that can threaten livelihoods and disrupt the delicate balance of agricultural ecosystems. From devastating bushfires and droughts to powerful storms and floods, these catastrophic events pose serious risks to the farming community. Understanding and preparing for these forces is not just about survival; it's about building a sustainable future for farms across the continent. - read more
The Modern Farmer's Checklist for Assessing Farm Equipment Insurance Needs
The Modern Farmer's Checklist for Assessing Farm Equipment Insurance Needs
As the backbone of Australian agriculture, farm equipment plays an essential role in day-to-day operations across our expansive and diverse landscapes. From the vast wheat belts to the tropical fruit farms, machinery ensures efficiency and productivity in the face of constant challenges. But with reliance on such equipment comes significant risk—the financial burden of damage or loss can be devastating to a farmer's livelihood. - read more
Agroforestry Insurance Guide: Protecting Your Investment in Australia's Sustainable Future
Agroforestry Insurance Guide: Protecting Your Investment in Australia's Sustainable Future
Agroforestry is a transformative approach to land management that integrates trees into agricultural landscapes. In Australia, where farmers contend with variable climates and environmental challenges, agroforestry offers a resilient pathway to productivity and sustainability. - read more
Future-Proofing the Farm: What Every Tech-Savvy Australian Farmer Needs to Know About Insurance
Future-Proofing the Farm: What Every Tech-Savvy Australian Farmer Needs to Know About Insurance
Welcome to the first steps in future-proofing your farming legacy. When we think about the hustle and bustle of daily farm life, it's easy to overlook the critical importance of estate planning. For the Australian farmer, estate planning is not just a matter of securing your assets; it's about ensuring the survival and progression of your hard-earned labour to the next generation. - read more
Risk Management and Insurance Options for Farmers
Risk Management and Insurance Options for Farmers
Risk management is the practice of identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events. In farming, risk management involves various strategies to protect the financial health and operational stability of the farm. - read more
Insurance for Hobby Farms: Finding the Right Coverage
Insurance for Hobby Farms: Finding the Right Coverage
Hobby farming has become increasingly popular in Australia, with many individuals and families embracing the joys of growing their own produce, raising livestock, and enjoying a rural lifestyle. Whether it's a small vegetable garden, a few chickens, or a larger mixed farming operation, hobby farms offer both relaxation and a connection to nature. - read more
A Farmer's Guide to Essential Farm Insurance Terminology
A Farmer's Guide to Essential Farm Insurance Terminology
Farming is a vital industry in Australia, requiring significant investment in equipment, crops, livestock, and labour. As with any major investment, protecting it is crucial. That's where farm insurance comes in. - read more

Insurance News

Rising Insurance Costs Threaten Australian Small Businesses
Rising Insurance Costs Threaten Australian Small Businesses
13 Apr 2026: Paige Estritori
Small business insurance premiums in Australia have surged by up to 60% since 2019, rendering coverage increasingly unaffordable for many enterprises. The Insurance Council of Australia attributes this escalation to outdated liability laws, escalating legal costs, and governmental red tape. - read more
Significant Decline in Australian Commercial Insurance Rates in Late 2025
Significant Decline in Australian Commercial Insurance Rates in Late 2025
13 Apr 2026: Paige Estritori
In the fourth quarter of 2025, Australian commercial insurance rates experienced a notable decline, with prices dropping by 12%. This marks the most significant decrease among the eight regions monitored by Marsh's Global Insurance Market Index. The primary driver behind this trend is heightened competition within the market, as international insurers have expanded their presence, providing additional capacity that has contributed to the rate reductions. - read more
Queensland Small Businesses Struggle with Escalating Insurance Costs
Queensland Small Businesses Struggle with Escalating Insurance Costs
13 Apr 2026: Paige Estritori
Insurance affordability has emerged as one of the most pressing challenges facing small businesses across Queensland and increasingly across Australia. A recent submission by Business Chamber Queensland to the Parliamentary Joint Committee on Corporations and Financial Services outlines why insurance products are not keeping pace with the realities small businesses face, and what can change. - read more
Harland Green Unveils All-Risk Farm Insurance for Large-Scale Operations
Harland Green Unveils All-Risk Farm Insurance for Large-Scale Operations
13 Apr 2026: Paige Estritori
In a significant development for Australia's agricultural sector, Harland Green, a newly established Lloyd's coverholder, has introduced an all-risk farm insurance package tailored for large commercial farming operations. This initiative seeks to address the complex and often underserved insurance needs of substantial agribusinesses. - read more
WFI Insurance Observes Significant Reduction in Farm Liability Claims
WFI Insurance Observes Significant Reduction in Farm Liability Claims
13 Apr 2026: Paige Estritori
WFI Insurance has reported a notable decrease in farm liability claims across various categories, signaling a positive shift in safety practices within the Australian agricultural sector. This trend underscores the industry's commitment to enhancing on-farm safety and reducing incidents. - read more
How Reinsurance is Protecting Australian Insurers from Massive Losses
How Reinsurance is Protecting Australian Insurers from Massive Losses
13 Apr 2026: Paige Estritori
In recent years, Australia has faced a surge in natural disasters, leading to significant financial challenges for the insurance sector. To navigate these turbulent times, Australian general insurers have increasingly turned to reinsurance—a strategy that has proven to be a financial safeguard against substantial losses. - read more
Collaborative Efforts Needed to Address Insurance Affordability in Australia
Collaborative Efforts Needed to Address Insurance Affordability in Australia
13 Apr 2026: Paige Estritori
The Australian insurance industry is facing mounting challenges related to the affordability of insurance premiums, prompting calls for collaborative efforts between insurers, government bodies, and local communities to find sustainable solutions. - read more
ASIC Highlights the Need for Trust Rebuilding in the Insurance Sector
ASIC Highlights the Need for Trust Rebuilding in the Insurance Sector
13 Apr 2026: Paige Estritori
The Australian Securities and Investments Commission (ASIC) has emphasized the urgent need for the insurance industry to rebuild trust with consumers following a series of claims handling failures. Speaking at the Insurance Council of Australia Annual Conference, ASIC Commissioner Alan Kirkland highlighted the importance of enhancing consumer protection and restoring confidence in the sector. - read more
AIA Australia Highlights Impending Structural Changes in Life Insurance
AIA Australia Highlights Impending Structural Changes in Life Insurance
12 Apr 2026: Paige Estritori
Damien Mu, CEO of AIA Australia, has cautioned that the life and health insurance industries are on the brink of significant structural changes. Speaking during the company's online 'Thrive for Life' presentation, Mu pointed to mounting mental health claims, rising premiums, and ongoing cost-of-living pressures as key drivers of this transformation. - read more
AIA Australia Honoured as Life Insurance Company of the Year
AIA Australia Honoured as Life Insurance Company of the Year
12 Apr 2026: Paige Estritori
AIA Australia has been recognised as the Life Insurance Company of the Year by the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) for the third consecutive year. This accolade underscores the company's unwavering commitment to enhancing customer wellbeing and its leadership within the insurance industry. - read more

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Coverage:
The amount of risk or liability covered for an individual or entity by way of insurance services.