Achmea Australia has teamed up with Angus Australia, a registered breed organisation, to support the future leaders of Australia's beef and agricultural industries through the GenAngus Future Leaders Program.
The deal will see the specialist rural insurance company mentor young entrepreneurs on how to better identify, reduce, prevent, and manage their on-farm risks; develop and offer tailored beef cattle and stud stock insurance products; and provide funding over three years to help set up and sponsor the program.
The comprehensive program will help develop the leadership and entrepreneurial skills among the future agri-leaders by providing them with a range of opportunities, including creating a business plan and using knowledge gained in business resilience, insurance, and farm risk management.
“We hope this industry partnership will be first of many aimed at helping to protect and enhance our agricultural communities, and we’re delighted to be involved in this much-needed initiative,” Achmea Australia CEO Emma Thomas said.
Angus Australia CEO Peter Parnell stressed the importance of the initiative to bridge the generation gap between people finishing youth programs and those taking up industry leadership roles.
“We find that while a lot of youth programs tend to focus on the 16-25 age group, there aren’t many programs for 25-40 year-olds,” Parnell said. “It means that a lot of younger people are hesitant to take on leadership roles, because they feel they don’t have enough experience. It’s our goal to equip our young members with the knowledge they need to run a successful beef business, and develop their knowledge and skills so they can more effectively establish, advance, and promote our breed, and the beef industry as a whole.”
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