Jamie Luce: Weather Risk Coverage | Ep. 71

In this episode of the AgCulture Podcast, Jamie Luce—CEO and Co-Founder of AIR Parametric—breaks down how parametric insurance is changing the game for managing climate risks in livestock and dairy farming. He shares how their data-driven tool, Milkshake™, helps farms get fast support during extreme heat, skipping the usual hassle of filing claims. It's a simpler, smarter way to get coverage, no matter the size of the operation. Tune in now on your favorite podcast platform!Meet the guest:Jamie Luce is the CEO and Co-Founder of AIR Parametric, bringing over two decades of leadership in commercial insurance. With a career spanning Liberty Mutual, QBE, and Jewelers Mutual, he launched AIR Parametric to build new protections for agricultural businesses against extreme climate events. Luce holds deep expertise in underwriting, insurance strategy, and innovation.Connect with our guest on Social Media: LinkedInWhat you will learn:(00:00) Introduction(02:11) Parametric insurance (04:42) Heat index triggers(07:07) Localized data models(10:24) Pricing and policy tiers(17:09) Rise of alt insurance(22:25) Closing thoughtsDiscover the world of agriculture with the "Ag Culture Podcast".  This podcast will be a gateway for those passionate about agriculture to explore its global perspectives and innovative practices.Join Paul as he shares his experiences in the agricultural industry, his travels and encounters with important figures around the world.Available on YouTube, Spotify and Apple Podcasts.Subscribe at ⁠http://www.agculturepodcast.com⁠ and keep an eye out for future episodes, bringing insights and stories from the vibrant world of agriculture.