Aspen acquires crop business, agricultural specialty firm

Aspen Insurance Holdings Ltd. said Wednesday that it has acquired AgriLogic Insurance Services L.L.C.

The terms of the transaction were not disclosed.

AgriLogic is an Overland Park, Kansas-based specialist U.S. crop business and agricultural consultancy.

AgriLogic’s President & CEO Joe Davis will continue in his role. Part of Aspen’s existing reinsurance operations will be made up of Aspen Re and AgriLogic and led by Michael Dicker, global head of agriculture reinsurance, Hamilton, Bermuda-based Aspen said in a statement.

“AgriLogic is a great business with strong prospects and is an excellent fit for Aspen, both strategically and culturally. We look forward to working with our new colleagues from AgriLogic as part of the Aspen family,” Chris O’Kane, Aspen Group CEO said in the statement.