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CUNA Mutual and Producers Ag Insurance Group (ProAg) have formed a partnership to provide federally sponsored Multi-Peril Crop Insurance (MPCI) and private Crop Hail Insurance coverage to family farmers and agricultural producers nationwide.
Details on our Partnership
CUNA Mutual is the lead reinsurer for the ProAg crop insurance portfolio. ProAg currently is licensed to do business in 30 states. CUNA Mutual’s financial strength and 70 year history of delivering on its promises to policyholders will enable ProAg to expand its business nationwide. ProAg will sell and service the crop insurance policies, bringing its industry-leading technology and unmatched service standards to new regions of the country.
Introduction to ProAg
ProAg is an organization viewed as the premier provider of crop insurance in the markets it serves. ProAg is a family-owned crop insurer based in Amarillo, Texas, that has provided insurance protection for farmers for more than 80 years. ProAg is also known as an industry leader in the technology arena so critical in today's marketplace. ProAg is the 9th-largest writer of MPCI and the 6th-largest writer of crop hail coverage in the country.
A credit union is a financial services cooperative that is owned and controlled by its customers, or “members”. Credit unions serve groups that share something in common, such as a place of employment or a particular geographical location. They exist to provide a safe, convenient place for members to save money and to get loans at reasonable rates. While credit unions provide many of the same services as a bank or a savings and loan, they are operated as not-for-profit organizations. Credit unions are closely regulated, and member deposits are insured up to $100,000 by the federal government. Find a credit union in your area.
Pioneers of the credit union movement established the CUNA Mutual Insurance Society in 1935. It is the parent organization of all companies that together form the CUNA Mutual Group.
The CUNA Mutual Group is the leading provider of financial services to credit unions and their members worldwide, offering lending, protection, financial, employee and member solutions through strategic partnerships, technological innovations and multiple service channels. The mutual insurers of the CUNA Mutual Group are owned by their policyholders and operate to serve their best interests.
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