richardcounsell
Member
- Location
- London
I would ask what risk is there that the insurance company could go bust if they guarantee a price and the market goes against them they then cannot pay up
You're right this is a risk yellow belly. It's something we thought long and hard about when building Stable. Stable is backed/underwritten by the biggest insurers in the world so farmers are contracting with global reinsurers, not a local merchant or tech start up. We're also governed by the FCA as an insurance company.