PRECISION RISK MANAGEMENT PARTNERS WITH CLEAR BLUE INSURANCE GROUP

Sioux Falls, SD – July 1st, 2024 – Precision Risk Management, acting as managing general agency, is excited to announce its partnership with Clear Blue Insurance Group as their fronting carrier for the delivery of the Federal Crop Insurance Program.

Clear Blue’s wealth of knowledge and experience in licensing, reinsurance, and the federal program, aligns perfectly with PRM’s vision of delivering cutting-edge risk management solutions to the American grower. The combined strengths of PRM’s crop insurance team approach and Clear Blue’s robust capabilities will continue to provide the highest level of service to PRM’s insureds.

Precision Risk Management’s previous partner, Church Mutual Insurance Company, will focus on their primary product line of property & casualty insurance and will no longer participate in the federal program.

“PRM and Church Mutual experienced great success for both companies in our partnership. For the future, we are delighted to have a partner in Clear Blue specializing as a crop insurance fronting carrier to continue to provide PRM’s customers with the industry’s best risk management strategies,” said Jeff Svennes, CEO and President of PRM.

“Our goal is to allow PRM to continue to bring profound value to their customers and give PRM capacity to continue their rapid expansion,” said Jerome Breslin, CEO and President of Clear Blue.

About Precision Risk Management (PRM):

Precision Risk Management is at the forefront of providing the Federal Crop Insurance Program directly to farmers by cutting out the inefficiencies of the traditional process. By harnessing the power of advanced precision technology and a PRM-employed team approach, PRM equips farmers with strategic insights to effectively navigate risks and ensure the longevity of their farming operations.

Learn more at: PrecisionRiskManagement.com

About Clear Blue Insurance Group:

Clear Blue owns and operates four US-domiciled property and casualty companies, two admitted companies and two surplus lines companies. Clear Blue’s companies are broadly licensed for most lines of business and can offer admitted paperwork in Washington DC, Puerto Rico, and 49 states. Clear Blue is rated “A- Excellent” by AM Best with a financial size of VIII.

FOR FURTHER INFORMATION CONTACT:

Ryan Jones, Director of Marketing | (515) 991-2976 | [email protected]