Risk Management

Risk is defined as the unexpected potential loss of benefits or wellbeing of an individual, caused by an adverse event. This term has a negative meaning as it relates to danger or damage; however, it is something that must be taken into account in any business.

Insurence is an agreement or contract with which the insured party transfers the risk to a third party (an insurance company) in exchange of an amount of money paid as premium or due. The insurance company taking the risk also carries the responsibility of compensating and indemnifying the loss or damage caused when the risk is realized. The above explains why an insurance contract is an instrument that meets the protection needs of all human beings.

The legal definition of reinsurance, is that it is an agreement of wills throughout which the reinsured party (i.e. the direct insurer) transfers to a reinsurer part of the risk or risks accepted by the insurer, in exchange of the payment of a premium.

Current market needs demand better approaches to superior risk management with more efficient operations. We are constantly exploring and researching new risk management concepts that can be used in the design of farmer’s coverage protection of needs and therefore increase the area of opportunity into markets currently unattended.

Research and Development

In order to offer products and services that will actually meet the needs of the population, insurance companies must carry out all sorts of surveys and studies on the many factors influencing, direct or indirectly, the wellbeing of human beings. Our research and development processes result in the creation of new protection plans available to our clients.

The Development of these plans implies the analysis of the market in order to determine which products must be created to meet the needs of the sector; all developed plans are supported on sound statistics and techniques that guarantee their viability. This process requires the involvement of all stakeholders: users, financial institutions, federal, state and regional official authorities and the private sector.Iniciativa Privada.

Transfer of Risk Management Technology

AGROASEMEX also offers Technical Counseling in insurance for the farming sector to insurance funds, private national and international insurance companies and professional services renderers.

As part of this transfer of technology strategy, AGROASEMEX offers training for the employees of insurance funds and its supporting offices.