Farm and ranch MGA and wholesale insurance broker Stroud National Agency, Inc. is excited to announce an expansion of our specialized irrigation insurance program with Aegis Agribusiness. Agents can now write admitted irrigation coverage in Oklahoma, New Mexico, Arkansas, Iowa, Montana, North Dakota, Oregon, and Utah—bringing Aegis Ag irrigation coverage to all 18 states in Stroud National’s service area.
With this latest expansion, Stroud National further solidifies its position as a leading wholesale irrigation insurance broker, ensuring agents and clients have access to top-tier coverage.
Admitted and Non-Admitted Coverage:
Aegis Agribusiness offers both admitted and non-admitted irrigation coverage, ensuring flexibility for diverse agricultural operations.
NOTE: Aegis strives to offer their admitted program to as many clients as possible. However, certain accounts may not qualify for the admitted program and be better served by the non-admitted program.
Admitted Aegis Ag Irrigation:
Carrier:Â Accelerant National Insurance Company
Coverage Type:Â Replacement Cost or Actual Cash Value
Disqualifiers for Admitted and Actual Cash Value (ACV) Coverage:
- More than 3 losses in last 3-year experience period
- Risks with greater than 70% of scheduled pivots 30 years old or older
- Risks where greater than 50% of scheduled locations include corner systems
Available states in Stroud National service area:
- Oklahoma
- Kansas
- Nebraska
- New Mexico
- Missouri
- Colorado
- Arkansas
- Wyoming
- Minnesota
- Oregon
- Arizona
- Idaho
- Iowa
- Montana
- North Dakota
- South Dakota
- Utah
Non-Admitted Aegis Ag Irrigation:
Carrier:Â Accelerant Specialty Insurance Company
Coverage Type:Â Replacement Cost
Available states in Stroud National service area:
- Texas
- Kansas
- Nebraska
- New Mexico
- Missouri
- Colorado
- Arkansas
- Minnesota
- Arizona
- Iowa
Key Features of Both Programs:
Regardless of whether the coverage is admitted or non-admitted, Aegis Ag irrigation insurance includes:
- Special perils protection – including flood, collapse, collision, theft, and earthquake
- Replacement cost loss settlements – no depreciation on partial losses; full payment on total losses up to policy amount
- Mechanical and electrical failure coverage
- Standardized per occurrence deductible on all covered losses
- Underwritten by a carrier rated A- IX (Excellent) for Financial Strength by A.M. Best
Quoting Aegis Ag Irrigation:
To start the process of quoting irrigation with Aegis Ag, please send the following to Stroud National Agency, Inc.:
- Aegis Agribusiness Inland Marine Application
- 3-year hard copy irrigation loss runs
More Market Options for Irrigation Insurance:
Stroud National’s long-standing relationship with Aegis Agribusiness, formerly known as Mid-America Risk Managers (MARM), complements our strong irrigation partnership with Chubb.
Now, Stroud National offers two top-tier irrigation market options across the midwestern, southwestern, and western U.S.
- Aegis Ag
- Chubb
Additional Resources & Contact Information:
To learn more about our irrigation offerings, check out the following resources:
Please also feel free to message Shannon Thompson or contact her by phone at 800-654-4056 x 1008.
Exciting Times for Stroud National:
These developments with Aegis Agribusiness come at an exciting time for Stroud National.
In addition to this news, we have recently announced that we are writing Travelers farm and ranch insurance in Wyoming, Minnesota, and Oregon and that Travelers farm and ranch policies will have additional deductible options beginning July 1st, 2025.
We’re also preparing for another exciting announcement coming soon, so please stay tuned!