Controlled Environment Agriculture: Emerging Risks & Opportunities for P&C Insurers

Controlled Environment Agriculture: Emerging Risks & Opportunities for P&C Insurers

Controlled Environment Agriculture (CEA) is reshaping the future of food production. Techniques like hydroponics, aquaponics, aeroponics, and vertical farming offer a compelling response to the vulnerabilities of traditional farming.

For the Property & Casualty (P/C) insurance industry, this evolution brings both challenge and opportunity. CEA operations are unlike conventional farms in both structure and exposure, and standard farm policies may fall short in addressing all the risks.

Whether it’s a multi-million-dollar vertical farm in a warehouse or a high-tech greenhouse in a rural area, CEA operations demand fresh thinking from underwriters and claims professionals alike.