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James Allen Insurance recognized as ag innovator in Indiana

James Allen Insurance awarded 2018 AgriVision Award by Office of Lieutenant Governor and Indiana State Department of Agriculture.

Jim and Tim Craig of James Allen Insurance have been awarded the 2018 AgriVision Award by the Office of the Lieutenant Governor and the Indiana State Department of Agriculture. Now in its 12th year, the AgriVision Award honors individuals who have reshaped agriculture throughout Indiana.

James Allen Insurance has developed numerous proprietary products designed to provide insurance protection to farmers. Jim Craig serves as chief underwriting officer and board chairman, while Tim Craig is the company’s chief executive officer.

Lt. Gov. Suzanne Crouch recognized the Craigs during an awards ceremony at the Indiana State Fairgrounds. “James Allen Insurance embodies the core values of family-owned businesses,” she said. “Tim and Jim are both true leaders throughout the agriculture industry in Indiana, and they will continue to share their visionary ideas with farmers around the state.”

Specializing in farm and ranch insurance products, James Allen Insurance is consistently rounding out coverage in emerging areas of need. Recently, the company became the first to offer coverage for porcine reproductive and respiratory syndrome (PRRS) and porcine epidemic diarrhea virus (PEDV) — deadly viruses that threaten swine populations throughout the country.

PEDV was first introduced to the U.S. in 2013 and can infect both suckling pigs and mature sows, resulting in a 60-100% mortality rate. Agents for James Allen Insurance work with each farmer to create a personalized policy plan for their operations based on the number of sows on their farm. The policy for PRRS and PEDV covers financial losses of the operation from actual mortality, reduction in weight and reduced value of a pig.

“The industry was in desperate need of this policy. During the past couple of months, we have received significant interest throughout predominantly hog-farming states and counties around the nation,” Tim Craig said. “We deeply appreciate the support from the Lieutenant Governor’s Office and the Indiana State Department of Agriculture and look forward to helping more hog farmers around the nation.”

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