NFU Mutual has collaborated with parametric specialist Skyline Partners, insurer Markel and broker Gallagher to create a parametric heat-stress cover for dairy farmers. If temperatures exceed pre-set limits, policyholders receive predetermined payments.

The payments are to cover losses in production and to pay for infrastructure that will help farmers to reduce heat stress on their animals. There are 4 levels of cover to suit the risk appetite, budget and herd size of farmers.

Chris Walsh, farm specialist at NFU Mutual, said: “Heat stress in cows is becoming a major concern for many dairy farmers as summers get hotter. Farmers are working to demonstrate even higher levels of animal welfare against a backdrop of growing concerns about the cost of heat-stress losses.

“To help our dairy farmers cope with this growing problem, we’ve talked to agricultural experts, dairies, farmers, and insurers across the world to develop an innovative product which operates simply and effectively. This product will help reduce the negative impacts that heat stress can have on a herd’s productivity and general welfare.”

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