AgriLogic Insurance Services evolved from AgriLogic, Inc., a company respected in agriculture for providing services in policy development, strategic planning, finance, information technology and management for both the private and public sectors. AgriLogic’s advanced technology, industry knowledge and modeling sophistication has been developed while working with multiple entities, including the RMA, to design crop insurance products and perform rating and program evaluation of pilot programs. AgriLogic Insurance Services’ strategy is to provide agents with customized risk management solutions that allow their producers to minimize their production risk and manage their farm operations. ALIS is committed to building long term relationships with crop insurance agents and agricultural producers.
AgriLogic Insurance Services, LLC, Expects to Pay Profit Share Bonus
Arlington, TX, February 9, 2012: AgriLogic Insurance Services, LLC, in association with Occidental Fire and Casualty Insurance Company of North Carolina, is pleased to announce we anticipate having an underwriting gain for the 2011 reinsurance year. In addition, we expect to meet all of the requirements identified in the Standard Reinsurance Agreement (SRA) Section III (a) (4) which will enable us to pay the Profit Share Bonus to all qualifying AgriLogic agents per the requirements outlined in Section D of the 2011 Agency Commission Schedule. AgriLogic will pay the Profit Share Bonus in accordance with the SRA guidelines and after the RMA’s final annual settlement.