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: [wpaudio url=”http://traffic.libsyn.com/zimmcomm/cirb17-torrey.mp3″ text=”Interview with Michael Torrey, CIRB Executive Vice President”]