West Des Moines, Iowa (AgNewsWire) – Farm Bureau Mutual Insurance Company announced today that it has acquired the Des Moines-based Crop1 Insurance Direct, Inc.
“This acquisition will help us to expand service to our farmer market,” said Bruce Trost, Farm Bureau Mutual Executive Vice President. “Crop1’s technology and proven savings will help us provide innovative and affordable crop insurance to meet the unique needs of crop producers throughout our marketing territory -we’re a winning combination that’s great for agriculture,” he added.
Billy Rose, Chief Executive Officer for Crop1 Insurance, says “We’re delighted that this transaction allows Crop1 to offer a savings to more crop producers across a broader geography.”