#CIRB2017 Faces Change, Challenge, Opportunity

Cindy Zimmerman Audio, CIRB, Insurance

The 53rd annual meeting of the Crop Insurance and Reinsurance Bureau is officially underway with the theme of Change-Challenge-Opportunity and record attendance, according to Executive Vice President Michael Torrey.

“I think it reflects the theme,” said Torrey. “Obviously a transition is going on, there’s going to be a lot of new people, and we’re going to have a lot of folks who probably aren’t fully aware of what risk management is for America’s farmers and ranchers.”

And that change is both a challenge and an opportunity for the industry, especially as work begins this year on a 2018 farm bill. “As folks start looking at where to get the money to spend on some programs, I think one can safely assume they are going to look at crop insurance,” Torrey said.

Considering the mood in Washington right now, Torrey says there’s “obviously a lot of uncertainty, a lot of unknowns, and folks are just trying to find their way through all of this, but there’s excitement as well.”

Learn more about the CIRB meeting here: Interview with Michael Torrey, CIRB Executive Vice President

2017 CIRB Annual Meeting photo album

Audio, CIRB, Insurance