Farm combined, public liability, employers liability, livestock, and machinery all-risks. This pool runs monthly — whenever your renewal falls, IQ runs a competitive market process 90 days out and delivers a competitive price before you are forced to renew on the incumbent's terms.
Farm insurance is renewed almost universally on autopilot. The incumbent insurer sends the renewal paperwork, the farmer adjusts the declared values marginally, and signs. The broker gets their commission. The insurer keeps the margin. The farmer pays a loyalty premium they were never asked to consider.
The farm insurance market is moderately competitive at the point of a genuine tender — there are multiple insurers and Lloyd's syndicates actively writing UK farm combined business. But most farmers never create that competitive pressure because the friction of a proper insurance review feels disproportionate to the perceived saving. A farm paying £8,500 per year on a policy that the market would price at £6,800 is paying £1,700 annually for the convenience of not reviewing it.
Farm combined (buildings, contents, machinery, produce), public liability, employers liability, livestock, motor fleet, and professional indemnity for farm diversifications. Each farm's risk profile is specified individually. The pool creates aggregated buying power with preferred insurers while maintaining individual policy terms tailored to each farm's specific situation.