National Crop Insurance Service
National Crop Insurance Services (NCIS) is an international not-for-profit organization representing the interests of private crop insurance companies. NCIS members are the direct link to production agriculture in America.
Since 1915, NCIS has served agriculture through member companies. Its role in the industry was enhanced when, in 1989, two organizations, the Crop-Hail Insurance Actuarial Association (CHIAA) and the National Crop Insurance Association (NCIA) merged to form the modern-day NCIS structure.
Today, 16 (15) private-sector NCIS member companies, in partnership with the government, provide a complex risk management safety net to every producer in America choosing to participate. More than one million policies were written in 2010.
NCIS member companies write Crop-Hail Insurance; Multiple Peril Crop Insurance (MPCI), the federally subsidized risk management program; and, privately developed risk management products.
Knowing one crop failure or one disastrous year can wipe out multiple years of profit, crop insurance has become an essential risk management tool for America’s agricultural producers.