{"id":1419,"date":"2015-12-29T17:23:07","date_gmt":"2015-12-29T22:23:07","guid":{"rendered":"https:\/\/silveuscropins.com\/?p=1419"},"modified":"2024-03-11T13:57:22","modified_gmt":"2024-03-11T17:57:22","slug":"cargill-crop-insurance-agency","status":"publish","type":"post","link":"https:\/\/silveuscropins.com\/2015\/12\/29\/cargill-crop-insurance-agency\/","title":{"rendered":"Silveus Insurance Group Buying Cargill Crop Insurance Agency"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p><em>Acquisition by <a href=\"http:\/\/silveusfinancial.com\">Silveus Insurance Group<\/a> is first significant purchase the agency has made in the crop insurance area; helping accelerate growth and fuel additional innovation for farmer clients<\/em><\/p>\n<p><strong>WARSAW, Indiana, December 29, 2015 \u2013<\/strong> <a href=\"https:\/\/silveuscropins.com\">Silveus Insurance Group<\/a> (SIG), one of the largest crop insurance agencies in the United States, and <a href=\"http:\/\/www.cargill.com\">Cargill<\/a> announced today that they have reached an agreement under which Cargill will sell its crop insurance agency, Cargill Crop Insurance LLC (CCI), to SIG. The transaction is expected to close in mid-January. Terms were not disclosed.<\/p>\n<p>\u201cMy family has helped farm clients manage risk for four generations,\u201d said Tyler Silveus, CEO of SIG. \u201cWe look forward to getting to know and welcoming to Silveus Insurance Group each farm family, agent, and staff member that has been associated with<strong> Cargill Crop Insurance<\/strong>.\u201d<\/p>\n<p>Cargill entered the crop insurance agency business in 2007. \u201cThe mission of our grain and crop inputs businesses is to effectively and efficiently help farmers make the most of their investments in agriculture, and help them manage their risks.\u201d said Dave Baudler, president of Cargill AgHorizons U.S., which includes the company\u2019s network of grain elevators and farm service centers in the country. \u201cWe believe we can accomplish this mission through our core grain marketing and risk management programs without being directly involved in the sale of <a href=\"https:\/\/silveuscropins.com\/revenue-protection-with-harvest-price-exclusion\/\">crop insurance<\/a>\u201d.<\/p>\n<p>Jeff Klock, president of Cargill Crop Insurance, said: \u201cCargill chose Silveus Insurance Group because of their strong focus on crop insurance, exceptional capability to serve their customers, and the industry leading tools it has developed to help farmers manage risk. Our customers will have an opportunity to benefit from these tools immediately upon the close of this transaction.\u201d<\/p>\n<p>The acquisition of CCI is the first significant purchase SIG has made in the crop insurance area. Silveus continued: \u201cAcquiring the Cargill business will help us accelerate growth and fuel additional innovation that provides additional value to our farmer clients.\u201d<\/p>\n<p><strong>About Silveus Insurance Group<\/strong><\/p>\n<p>Silveus Insurance Group, Inc.\u2019s mission is to help the American farmer manage the financial risks associated with producing a crop.\u00a0 Our fourth generation family owned and operated business has over 80 crop insurance agents who build strong relationships with their farm clients, assisting them with crop insurance to help assure that their farms can thrive through turbulent times. We work with clients nationwide, helping to provide stability to the farm economy and the rural communities where our clients live and raise their families. Find out more at <a href=\"https:\/\/silveuscropins.com\">SilveusCropIns.com<\/a>.<\/p>\n<p><strong>About Cargill<\/strong><\/p>\n<p>Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and\u00a0150 years\u00a0of experience. We have 155,000 employees in 68 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. For more information, visit\u00a0<a href=\"http:\/\/www.cargill.com\/index.jsp\">Cargill.com<\/a>\u00a0and our\u00a0<a href=\"http:\/\/www.cargill.com\/news\/index.jsp\">News Center<\/a>.<\/p>\n<p>Contact Silveus Insurance Group with any questions at\u00a0<a href=\"tel:8005319909\">(800) 531-9909\u00a0<\/a>or email\u00a0\u00a0Daniel Manduka at <a href=\"mailto:daniel.manduka@cropins.net\">daniel.manduka@cropins.net<\/a>.<\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":1517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31],"tags":[36],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Silveus Insurance Group to Buy Cargill Crop Insurance 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