Foot-and-mouth outbreak could see insurers launch new schemes

The government may try to encourage insurers to launch schemes for the farming industry in response to the recent foot-and-mouth disease outbreak, according to an industry expert.

Currently, there is a statutory scheme that allows the government to compensate farmers who have lost livestock, or have had to put them down.

Andrew Welch, head of litigation at Stephensons Solicitors, said many farmers had received payments under the scheme in 2001, however, it only helped those who were directly a