Specialty Insurance Designed for
Seed Certification Agencies &
Crop Improvement Associations

What are the Key Features of this Insurance Program?

This specialist insurance cover is written on a claims-made basis, which means it covers claims first reported during the policy period, provided they do not arise from circumstances already known before your cover incepted, or mistakes made before the Retroactive Date. Underwriters define Seed Certification Agencies and Crop Improvement Agencies as professionals who provide a service for a fee. This comprehensive protection includes Certifying Seed Lots, Field Inspections, verifying varieties, Grow Out Testing. It also covers operational liabilities arising from advice or reports regarding Laboratory Testing, Administering Certifications and quality control to name a few.

To protect your balance sheet, your policy limits and deductible include defence costs and legal expenses. Underwriters set your deductible based on your organisation’s turnover and claims history to create the most effective risk transfer solution. Our experienced brokers work closely with you and Lloyd’s of London Underwriters, taking a flexible approach when tailoring your policy. Together we assess your operations individually to provide a tailored policy that support your activities.

This program is specifically designed for United States based Certification Agencies and Crop improvement Associations; although the standard wording will cover most of your activities in special cases, Underwriters may be able to extend the scope of your cover.

In the event of a claim the Lloyd’s process is designed to work for individuals, and businesses of all sizes. Which means, whomever you are, and whatever the nature of your claim, you can be confident we shall deal with it in the most suitable way. When you secure your policy with Lloyd’s of London, you can be certain you are in safe hands. Lloyd’s has built its global reputation by upholding its promise to pay all valid claims for more than three centuries. This is what sets Lloyd’s apart, and it is done by providing unparalleled security, global strength, exceptional service and world-class expertise for customers globally.

What Sort of Claims do Certification Agencies Attract?

Errors & Omissions Cover designed for those Seed Certification Agencies & Crop Improvement Associations Involved with:

Certifying Seed Lots
Approved Seed Processing
Field Inspections
Grow Out Testing
Research and Development
Verifying Varieties
Seed Sampling & Lab Testing
Administering Certification
Standards & Procedures
Quality Control
Foundation Seed Sales

Do I need Certification Agencies Errors and Omissions Insurance?

Everyone who is involved in the cultivation of crops which can cause or contribute to the loss in whole, or in part, of the customer’s crop should have Certification Agencies Errors and Omissions Insurance.

It has been established in earlier litigation that Seed Certification Agencies do not have government immunity because they are funded by the farmers. So, it is this liability exposure which our Underwriters are willing to protect.

Any professional may suffer from a lapse in standards by being distracted at the wrong moment, which can seriously impact a company’s balance sheet if there is no adequate insurance.

Contact Us

Contact our team of specialized experts today to learn more about how we can secure your enterprise through our deep industry knowledge and collaborative risk strategies.