Coverage For Your Hemp

Using Praedictus' crop modeling technology, Diversified Crop Insurance Services (DCIS) plans to offer Parametric Hemp Production Coverage policies across the lower 48 United States for the crop year 2020.

Parametric Hemp Production Coverage is designed to provide protection from climatic conditions for hemp crops. This parametric insurance utilizes a proprietary version of the pSIMS model framework, which uses temperature, precipitation, and solar radiation data within a biophysical crop growth model to assess each season's viability for growing hemp.

Features of the product include:

  • Coverage for all counties in the continental US where it is legal to grow hemp
  • Unlimited coverage amounts per acre
  • Choose from five different planting dates (May 15 - July 15)
  • Choice of irrigated vs. non-irrigated
  • Flat rate on-line of 12% for all policies

We anticipate that policies will start becoming available for sale at the end of January 2020, with sales closing on May 1, 2020.

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We’d love to hear from you! For more information, please contact us at 708-202-9845,, or by using the form below.

Find Your Policy

IMPORTANT: These sheets are for informational purposes only, and provide absolutely no guarantee policies will be offered consistent with the figures presented in these sheets, or at all. Pending state regulatory approval, policies will become available for sale. States will be listed here as they are approved. Currently approved states are: Illinois, Michigan.

About Us

Praedictus Climate Solutions

Praedictus Climate Solutions (PCS) is an advanced agricultural forecasting company. We enable clients to more accurately model and forecast the combined impacts of weather, technology, environmental conditions, and climate changes on crop yields globally. Our proprietary pSIMS technology powers the innovative Parametric Hemp Production coverage being introduced in 2020.

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Diversified Crop Insurance Services

Diversified Crop Insurance Services is a fast-growing, innovative crop insurance company focused on providing excellent customer service to our customers. Our staff and agents have a deep understanding of, and an appreciation for, the challenges and concerns that each producer and farm manager face every day.

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The PCS Team

Joshua Elliott
Chief Executive Officer
Josh Perlman
Head of Product
Chris Brisch
Head of Business Development
Ian Foster
Chairman of the Board
David Kelly
Chief Technology Officer
Mike Norton
Product Designer

pSIMS: Capturing The Realities Your Crop Ecosystem

pSIMS is the agronomic model upon which the policies are based and will be used to settle policies in 2020 based weather realized during growing season. In order to tailor the model’s general capabilities to hemp, we worked with top hemp agronomists through the University of Kentucky, incorporating their research and expert advisory into the model framework to set parameters that reflect the biology and phenology of hemp as closely as possible.

pSIMS takes information as input that is similar to what you might see in a standard weather index product: temperature, precipitation, and solar radiation. In contrast, while a standard weather index product simply measures individual weather variables in isolation, pSIMS captures plant-weather-environment interactions. pSIMS integrates weather variables with each other, with the biology/phenology of the plant, and with environmental conditions (e.g. soil, topography) to simulate crop growth day-by-day from planting through maturity and thus produce estimates of yield.

Because pSIMS captures plant-weather-environment interactions, it gives a much more realistic picture of yield compared to simply measuring weather variables. For example:

  • Interaction between weather variables and phenology timing
    • Temperature affects phenology timing (e.g. when the plant emerges, flowers, matures, etc)
    • The plant's sensitivity to temperature and precipitation depends on phenology timing; heat and drought at flowering is very different than heat and drought at maturity
  • Interaction between precipitation, temperature, soil type, and plant characteristics
    • Soil water availability, rather than precipitation alone, is what determines the potential for drought stress on a plant
    • Soil water availability depends on precipitation, temperature, soil type, and topography
    • Soil water availability requirements for good yields depend on the plant; some plants are more drought tolerant than others
  • Interaction between precipitation, soil type, and soil fertility
    • Precipitation impacts soil fertility through nitrogen leaching
    • The vulnerability of a soil to precipitation-induced nitrogen leaching is a function of soil type

Diversified Crop Insurance Services, DBA CGB Diversified Services Inc. is an Equal Opportunity Provider.