The primary focus of insurance is the protection of property, products and people. But insurance, especially in the grain storage sector, can be complicated. The last topic discussed during the Agbiz Grain Grain and Oilseeds Value Chain Symposium, held in Pretoria, focused on insurability within the grain storage sector.
In his opening remarks, Wessel Lemmer, general manager at Agbiz Grain, noted that the insurance cost for silo operators escalated notably over the past decade. “The increase in insurance costs pertains to the cost at silos as well as for the grain during transport,” he said.
“What we wish to do during our panel discussion is to dissect all the elements that pertain to
