Agriculture is booming in Asia, climate change and weather notwithstanding. Research and innovation in agriculture is rapidly rising. Today, farming has taken on new forms with higher crop values, innovative products, cost-effective business models, new distribution channels and advanced technologies.

Hence, the agriculture sector is looking to insurers for help to manage the risks and challenges as climate change, rainfall patterns shift and extreme weather conditions like severe heat, drought and floods continue to threaten cultivation and cattle for both small-scale farmers as well as commercial farming enterprises. Can the insurance industry rise to meet the increasing demands for agriculture cover and translate such market potential to real growth? And how? Can the industry respond to the needs of the farmers? Many global players are also eyeing this sector of the pie. And this is being a game changer.

The 3rd Asia Agriculture Insurance Conference organized by Asia Insurance Review will take the debate a step further to look at the changing risk landscape of the farming communities in Asia and a clear role for the insurance sector to provide the right strategies to boost the agriculture sector’s resilience.