Primacy welcomes the Australian Government’s Agricultural Competitiveness Whitepaper

Melbourne, 7 July 2015

Primacy, Australia’s largest provider of crop insurance, welcomes the Australian Government’s Agriculture Competitiveness Whitepaper and its $29.9m commitment for farm insurance and advice.

According to Bernie Mayers, Managing Director of Primacy Underwriting Management, “The Government’s whitepaper provides Australian Agriculture with a solid roadmap for growth, sustainability and success.”

“Farmers are facing increased risks from variability in climatic conditions. Crop Insurance products provide growers with a degree of certainty in an ever changing environment.”

“The Government’s $29.9m support for farm insurance advice and risk assessments will assist primary producers to select the optimal insurance solution to help them mitigate against drought and severe weather events.”

“These solutions including Primacy’s market leading Multi-Peril Crop Insurance product built for Australian farmers - PrimeGuard”.

“Primacy looks forward to working with the Australian Government to finalise the details of the whitepaper recommendations to help grow Australia’s primary producers”.

About Allianz Australia
General Insurance Company of the Year 2014, 2013, 2012, 2011, 2009*
Best General Insurance Company of the Year 2014, 2012, 2010, 2007, 2006**

Allianz Australia delivers a wide range of personal, commercial and corporate insurance products and services to more than 2.5 million policyholders. Over 50% of Australia's top 200 BRW-listed companies have some form of insurance cover with the group and the group provides workers compensation services to around one-fifth of Australian employees.

*Australia & New Zealand Insurance Industry Awards
**Australian Banking and Finance Insurance Awards