| COMPANY PROFILE |
ARMtech Insurance Services
Q&A with ARMtech’s Jacob Rinehart
Tell us about ARMtech Insurance Services:
Founded in 1996 as a crop insurance software company, we began servicing
policies in 1999 as a Managing General Agency before purchasing American
Agri-Business Insurance in 2003. In 2007, we joined Endurance Specialty
Holdings (ENH), a Bermuda-based reinsurance company, as a wholly owned
business unit, gaining access to the financial strength necessary to operate amidst
today’s financial challenges. Through proactive and innovative solutions that
blend extensive agribusiness experience with insurance expertise and high-tech
software development, we have revolutionized the crop insurance industry with
fully-integrated proprietary software that allows agents to service crop insurance
policies as quickly and efficiently as possible. As a result, ARMtech is now the fifth
largest writer of federally sponsored crop insurance.
Jacob Rinehart
Vice President of Operations
What brought ARMtech to Kansas?
The need for diversification and a common mindset first drew us to Kansas.
From a business perspective, we obviously want to mitigate our risk as much as
possible, so branching out into every part of the country is vital if we want to limit
our exposure to any one weather or market event. While agriculture varies by
region, there can be no doubt that agents and insureds in the Great Plains and
Southwest experience some of the toug