Farming

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Livestock can represent a significant portion of a farm’s assets and as market prices for cattle and other livestock fluctuate, it is imperative for policyholders to keep their sum insured up to date and accurate.

The recent changes to Inheritance Tax (IHT) announced in the Autumn Budget 2024 have significant implications for farmers and landowners. We asked Chris Binns, Business Development Manager at Independent Financial Advice firm, Moneyweb Limited, to explain this and the implications further.

Our in-house Claims Team recently managed to negotiate a successful settlement for a farming client who was experiencing difficulties with their insurer following the destruction of their shelter pen due to severe weather conditions.

Don’t miss your chance to enter McClarrons’ Prize Draw at the Driffield Show 2024!

Here, we discuss real-life cases of cow trampling and explore how risk mitigation techniques can help rural businesses prioritise the wellbeing of others while also protecting themselves from legal risks.

In 2022, livestock theft cost an estimated £2.7 million, a near 10% increase in livestock rustling compared to 2021. Understanding the depths of this problem, actionable strategies and the role of Livestock insurance can help farmers protect their herds and minimise the financial impact of theft.

Winter’s chill is on the horizon, and for farmers, this signals a shift in operations. Preparing your farm for the winter is not just about safeguarding against the unpredictable British weather; it’s a strategic move to ensure the continuity and resilience of your agricultural endeavours.

Every year, over 1000 electric shock or burn incidents are reported to the Health & Safety Executive and it remains one of the leading causes of workplace fatality in the UK. Here, we look at the role electrical inspections have to play and their importance when it comes to your insurance.

Vehicle theft is a highly prevalent and ongoing issue for farmers; with a 300% increase in this type of crime in the first quarter of 2023, we outline preventative measures that you can take to reduce the likelihood of your vehicles being targeted.

A recent report shows that 64% of farmers don’t feel valued by the general public meaning the need for support of our farmers is more important than ever.

After a recent report from the MET Office about England and Wales seeing the wettest March in over 40 years*, we have outlined the importance of hailstorm insurance and collated a series of preventative measures that farmers can take to reduce the impact.