Return-Path: Delivered-To: directory@aicenergycorp.com Received: from server.64xmedia.com by server.64xmedia.com with LMTP id p7cIGDD2AmJQfQAAdUq3JA (envelope-from ) for ; Tue, 08 Feb 2022 18:01:04 -0500 Return-path: Envelope-to: directory@aicenergycorp.com Delivery-date: Tue, 08 Feb 2022 18:01:04 -0500 Received: from wsip-24-234-235-53.lv.lv.cox.net ([24.234.235.53]:54542 helo=DESKTOPSLEKULP) by server.64xmedia.com with esmtpsa (TLS1.2) tls TLS_ECDHE_RSA_WITH_AES_256_GCM_SHA384 (Exim 4.94.2) (envelope-from ) id 1nHZTs-0008LA-9B for directory@aicenergycorp.com; Tue, 08 Feb 2022 18:01:04 -0500 From: To: References: <04669f1f-5d93-4504-b53d-5759a09d9981.2b7e011f-c3cd-4be4-b6b6-f2500c87f97a.13b6748c-bd08-4734-8dfe-da3ee1e6f43f@emailsignatures365.codetwo.com> In-Reply-To: Subject: FW: Today's Collar / Hedge Discussion Date: Tue, 8 Feb 2022 15:01:03 -0800 Message-ID: <011c01d81d3f$bf837c00$3e8a7400$@aicenergycorp.com> MIME-Version: 1.0 Content-Type: multipart/related; boundary="----=_NextPart_000_011D_01D81CFC.B161E9B0" X-Mailer: Microsoft Outlook 16.0 Thread-Index: AQMrBKSR3Zhed/bfyNN1VN/Nxvq4tgJ485efqdCujoA= Content-Language: en-us This is a multipart message in MIME format. ------=_NextPart_000_011D_01D81CFC.B161E9B0 Content-Type: multipart/alternative; boundary="----=_NextPart_001_011E_01D81CFC.B161E9B0" ------=_NextPart_001_011E_01D81CFC.B161E9B0 Content-Type: text/plain; charset="US-ASCII" Content-Transfer-Encoding: 7bit From: Kenneth Hallacy Sent: Friday, January 28, 2022 2:59 PM To: John Melk ; smelk@aicenergycorp.com; Jennifer Wilson ; John Lee Cc: Desiree Westmoreland ; Travis Brock (Travis@EthosVentures.com) Subject: Today's Collar / Hedge Discussion Hello John and AIC team, I wanted to send a follow up to our call today. After hearing your specific concerns today, I went back to get a few more details on insurance products that could help solve your issue. I think the following products could potentially help with your specific concern. 1. Weather Derivative - I believe the most likely scenario of soybean or canola exceeding your ceiling price would be due to weather or specifically a drought. There is an insurance product called a weather derivative that can be purchased that would be based off of specific counties in a region. If said county has a rainfall below x amount of the average rainfall, it would trigger a claim for this product and you would be able to get paid from the policy. These weather derivatives can be custom built to the most likely weather scenario that would cause increase in pricing for your feedstock. The approximate price of something like this would be for 10-15% of limit. 2. Captive Insurance Product - This is something that one of our captive experts can explain in more detail but can have some creativity behind how it is triggered. Depending on how it is set up, there can sometime be a reinsurance panel that sits behind it. There are also some creative ways to make this a tax free product. It is essentially self-insuring very specific risks. The money invested in this product can then be creatively used towards other business expenses as well. However, the limits on something like this would likely be much much less than what you would like. It also takes a lot of work and effort to set up. Travis and I both have some very strong contacts in the hedging/collar world if you need some people to filter through as well. Thanks and have a great weekend! Go Chiefs! Kenneth Hallacy MBA NPN17886762 Business Development 430 E DOUGLAS AVE, SUITE 400, WICHITA, KS 67202 Office (316)267-9221 | Direct (316)266-6370 | MOBILE (913)777-9176 Kenneth.Hallacy@imacorp.com Access IMA 's COVID-19 Alert Center Here This communication, including attachments, is for the exclusive use of addressee and may contain proprietary, confidential or privileged information. If you are not the intended recipient, any use, copying, disclosure, dissemination or distribution is strictly prohibited. If you are not the intended recipient, please notify the sender immediately by return mail and delete this communication and destroy all copies. Please remember requests to bind or change coverage cannot be considered bound until you have received confirmation from an authorized IMA representative. CORnerstone Risk Solutions, LLC; IMA Acumen, LLC; California Licenses: IMA, Inc dba IMA Insurance Services #0H64724; Towerstone, Inc. dba Towerstone Insurance Services #0F60676; IMA Select LLC dba IMA Select Insurance Services LLC 0G50619 ------=_NextPart_001_011E_01D81CFC.B161E9B0 Content-Type: text/html; charset="US-ASCII" Content-Transfer-Encoding: quoted-printable

 

 

From: Kenneth Hallacy = <Kenneth.Hallacy@imacorp.com>
Sent: Friday, January 28, = 2022 2:59 PM
To: John Melk <jmelk06@yahoo.com>; = smelk@aicenergycorp.com; Jennifer Wilson = <jwilson@aicenergycorp.com>; John Lee = <John.Lee@trin.net>
Cc: Desiree Westmoreland = <desiree.westmoreland@imacorp.com>; Travis Brock = (Travis@EthosVentures.com) = <Travis@EthosVentures.com>
Subject: Today's Collar / = Hedge Discussion

 

Hello John = and AIC team,

I wanted to send a = follow up to our call today. After hearing your specific concerns today, = I went back to get a few more details on insurance products that could = help solve your issue.

 

I think the = following products could potentially help with your specific = concern.

  1. Weather Derivative = – I believe the most likely scenario of soybean or canola = exceeding your ceiling price would be due to weather or specifically a = drought. There is an insurance product called a weather derivative that = can be purchased that would be based off of specific counties in a = region. If said county has a rainfall below x amount of the average = rainfall, it would trigger a claim for this product and you would be = able to get paid from the policy. These weather derivatives can be = custom built to the most likely weather scenario that would cause = increase in pricing for your feedstock. The approximate price of = something like this would be for 10-15% of limit.
  2. Captive Insurance Product – This is something that one of = our captive experts can explain in more detail but can have some = creativity behind how it is triggered. Depending on how it is set up, = there can sometime be a reinsurance panel that sits behind it. There are = also some creative ways to make this a tax free product. It is = essentially self-insuring very specific risks. The money invested in = this product can then be creatively used towards other business expenses = as well. However, the limits on something like this would likely be much = much less than what you would like. It also takes a lot of work and = effort to set up.

 

Travis and I = both have some very strong contacts in the hedging/collar world if you = need some people to filter through as well.

 

Thanks and = have a great weekend! Go Chiefs!

3D"IMA,

 

 

Kenneth Hallacy MBA NPN17886762
Business = Development

3D"2021

 

 

430 E = DOUGLAS AVE, SUITE 400, WICHITA, KS 67202
Office (316)267-9221 | = Direct (316)266-6370 | MOBILE (913)777-9176 =
Kenneth.Hallacy@imacorp.com 

 

Access = IMA’s COVID-19 Alert Center Here


This = communication, including attachments, is for the exclusive use of = addressee and may contain proprietary, confidential or privileged = information. If you are not the intended recipient, any use, copying, = disclosure, dissemination or distribution is strictly prohibited. If you = are not the intended recipient, please notify the sender immediately by = return mail and delete this communication and destroy all copies. = Please remember requests to bind or change coverage cannot be = considered bound until you have received confirmation from an authorized = IMA representative. CORnerstone Risk Solutions, LLC; IMA Acumen, = LLC; California Licenses: IMA, Inc dba IMA Insurance Services #0H64724; = Towerstone, Inc. dba Towerstone Insurance Services #0F60676; IMA Select = LLC dba IMA Select Insurance Services LLC 0G50619 =

 

------=_NextPart_001_011E_01D81CFC.B161E9B0-- ------=_NextPart_000_011D_01D81CFC.B161E9B0 Content-Type: image/png; name="IMA_Logo_66e1b748-ce01-4788-81fc-ab8f3374604e.png" Content-Transfer-Encoding: base64 Content-ID: iVBORw0KGgoAAAANSUhEUgAAAMIAAAA+CAYAAAB5scRTAAAAGXRFWHRTb2Z0d2FyZQBBZG9iZSBJ bWFnZVJlYWR5ccllPAAAAyZpVFh0WE1MOmNvbS5hZG9iZS54bXAAAAAAADw/eHBhY2tldCBiZWdp bj0i77u/IiBpZD0iVzVNME1wQ2VoaUh6cmVTek5UY3prYzlkIj8+IDx4OnhtcG1ldGEgeG1sbnM6 eD0iYWRvYmU6bnM6bWV0YS8iIHg6eG1wdGs9IkFkb2JlIFhNUCBDb3JlIDUuNi1jMTM4IDc5LjE1 OTgyNCwgMjAxNi8wOS8xNC0wMTowOTowMSAgICAgICAgIj4gPHJkZjpSREYgeG1sbnM6cmRmPSJo dHRwOi8vd3d3LnczLm9yZy8xOTk5LzAyLzIyLXJkZi1zeW50YXgtbnMjIj4gPHJkZjpEZXNjcmlw dGlvbiByZGY6YWJvdXQ9IiIgeG1sbnM6eG1wTU09Imh0dHA6Ly9ucy5hZG9iZS5jb20veGFwLzEu MC9tbS8iIHhtbG5zOnN0UmVmPSJodHRwOi8vbnMuYWRvYmUuY29tL3hhcC8xLjAvc1R5cGUvUmVz b3VyY2VSZWYjIiB4bWxuczp4bXA9Imh0dHA6Ly9ucy5hZG9iZS5jb20veGFwLzEuMC8iIHhtcE1N OkRvY3VtZW50SUQ9InhtcC5kaWQ6MkQ5QzRGMzJFNEM2MTFFNzk0NDhEMzgxMjUyNDBGNzciIHht cE1NOkluc3RhbmNlSUQ9InhtcC5paWQ6MkQ5QzRGMzFFNEM2MTFFNzk0NDhEMzgxMjUyNDBGNzci IHhtcDpDcmVhdG9yVG9vbD0iQWRvYmUgUGhvdG9zaG9wIENDIDIwMTcgKFdpbmRvd3MpIj4gPHht cE1NOkRlcml2ZWRGcm9tIHN0UmVmOmluc3RhbmNlSUQ9InhtcC5paWQ6NDI4Mjc4N0FFNDI2MTFF N0FDQUNGMDY5QTY5QzJFOUQiIHN0UmVmOmRvY3VtZW50SUQ9InhtcC5kaWQ6NDI4Mjc4N0JFNDI2 MTFFN0FDQUNGMDY5QTY5QzJFOUQiLz4gPC9yZGY6RGVzY3JpcHRpb24+IDwvcmRmOlJERj4gPC94 OnhtcG1ldGE+IDw/eHBhY2tldCBlbmQ9InIiPz7P3c8kAAAQLklEQVR42uxdCXhVxRWesISIClQW QVGwiju4g6jggrjVhWoFK7Z1KUYjWj43ivoBal2qWNGqCFhKNa3Wal1oNVrL5oKisrigVqwoSBED CEIISTD9f99/vwzjve/dF96DvJc533e+uXfmztxZzpkzZ+bMTEFtba3x4KGxQ7M4HxUUFPia2sJw 2MBr2sLZG7jozcfv/MLXSP0gbkdfEOdDzwhbnAnaw1kAbCevCuBC4EfAecA5wLlgkC99bXlGaKhE 3AROB+COwB8AC4EthXzeCPxGn9OtBH4FXAbCXqM0RsEZHeN3nwGnC6ch/me+BTwjbElibwrnh8D9 hPsCuwE7Azmk+R/wUyB77BUi9K+B64DVQjLA9kpyO2ArMQvTvkLP6QKlyBThLDDGt54RPCNkkvBb wOkJ7CM8QoS7BPgWhykasnzAXhoEWLUZ//oFnMkZyDbzVgp8BPlZ4BnBM0J9CZKEfgpwgFz23suB zwfDERDYoiz8l+P/gzKc7BvAe4FPbA6TekZoJIwAImRBjwMWA8/QmH4p8DHg08BXszncwP87iWDb Sc9oK10jU7AMeA/wPpRjrWcEzwguAW4DZwjwcuAeUmg5zv4DJQCIZuNWzFsRnK7CbtJJugP31/Cs PkC9ZQyZAmVb7xmhkTOCGIC9/3BgRyCHDX8kkYBAFuaA9OI6w5HA3sBjgbulmQyHdleirE95Rmik jABCOgfOXcCd5PUIcEQuL16hTHvBOVHDumOATWJGpd4zJB8X7jwjRBPLznAmSAEmzAdeDCKYnWeM Th1jIPDnfI0RZSXwEtTD3zwj5DkjgDhOhfOwSSx0Uem9Ezgy32dSUO5D4JQAzwUWpficyvRVW1Mv 8oyQXWK4Ds4teuWK7iA09vOmEYFmpYZLL0rGEGWqnzWeEfKEEaRUckpyqLw4Dj4FjfyOaaSg4SFn jc5J8tnrwH6opwrPCPnBCFSIr9QrTR2OSDYjhO93V4/Y3gnqgnirQ76fZjZdAFsFPAvfzomRN65Z TDabToO+iLgD0yDoR01iOjVoJA75esaZ9UL8o+FMMglzkTCYpk6jMt8ZoYnJY0BDF1tMQPueM2IQ yMkmsZbQ2sGCkPRpD9TH+a4r9Y6YWbwZuIsT/7g0iniX/t/Gik/954Y4kVEXM+AcKL0pDDglO64x SMkmecwEPTQkCuAGNPysGFGbpfGbQ03CSM6FU/H/nVLkj734ESFBbRG2Z4zy0dAvSnKch/A9YjLD N0DaNw2TNHHhfKQ1xDNC7uoFD5mEiQThPfWemYbeEf5kjotTxL00SdjhMf49PExKWf8fnU5BwAyc LTo7ghnGoE539IyQezDIbDp3fmOWpgN7Jwm7SObaYYxKA77z6pmuUW8/OEXezpXUSIcZ/s58hwRR h7nDM0LuwZXWMxXkbJkQJCNY7k04NSLsp6ZuL0LajCAdoGmqOY40dBWbGai8j4lgrJ09I+TOsGgX Rxo8lw1poNmlDik+K47wL0kRrzvS3y6JNAiTJtNC/AamKxUsRns3RHcq9oyQO9DLeX97K0iDAE4C Ie7mEDLzd0CMdumZhjTgtO6ZJrHvIBNSYQOca0OCTvGMkDvgzpYsydJ/wmZ8Pg4hxCExlOSP4yjM YKJdI6TBWBDv1xEKMqXC/vUo3wuaZLDhYKTV3DNCbkA7570wS/8Jm9n5FdC1778QxFMoQt5BirwN 3Nc8KiajXRciDWgsN1Y9eVmEVPhNPaQCV6KeCElre88IuQHuOkD7LOgH28Lp4XjTcG8q8HHHn9OO A/RMS1DXxoebf2akYjRJgwtDvrtT0iCAMKlwBuLXZ/vnv0P8Cj0j5Aa4hmKHZeEfvUJ65jkaWz8Q 8v0lWttwh0XsdScgHreDLnbC3IU1SoOwYUk/fPd0gPyXSeywc2FUPcq52DQSyEdGWOm899dZQ9ke Fr2qIQX3Ncx3wo7VjIu7YvycdRbRrKj/JJEGhONNYiOOjU0zJBVWh/hVekbIDXjfee8k4si2ovy6 9Rxmn/P7EL/x1nMYIwQzU9dGSIN0IV2p0NZ5p6RZ6xkhN2B+iN+IDEuFMInwmvX8lxCCcXWXz4H/ TMEIvbSH4KIM5ZtS4fA0vj/QZXZIsBrPCDkAaKjlUlpdPeGyDCnKe4b0lIs1zg/ywI0/pSmSmugc DcNDwjY431AhvylEwebw5LMYGLaxZnQaxT3JeS81eQrN8rRcHJq45sy3gYhfBvHN28y0e0fpByHD nksi0mCv+pDDwFXI31xH2nCs/8swCYfvx8Zg2qPgvOx4n0ipgPivp4hL0257qpdHwDzileXcAhqP uRtjOOU5BQ3cOQv6wawQyTTP0RtseArhy+KkEwKLTcw9AvjHKyaxMFYfqXC12XTN4Hqkt84zQm4N jzjkGBYSRCaY7po9xAAORSqSSIQZEfHGR/g/GOE/NUZebtU07eYoyCcm0xUQtp8YIQDaMU00eQz5 OjQiM7yMBuUpFdc4QTSWY9iZEUe4cHhyj/VOpirT0IUdx78cguWp0/MjssHFNdoV2fsGKky4gZyR 8szh1D5JhlST0qyHN5Dvs/DY1wnaLUxiyUScR7q0kBdNVAbn+8naeb1nWXYxJLojQ4K5EnwV8H6Z EzR60KnfPNnjWHmVU9dC/bybq2Xye5YTveF3+5RN4t4AF2gqwLn9l+Jua8xzJmgVwgQn5zITeInw /UburOFMtyQ6wN3AOxy7ncbCBDxDleYZe8mL9zychrr4JNfL5o9z+X5jt9cYPJntEZmAesWDIIKV jYQJzjeJQw6CGSIuBhbny7HxnhHCG72llM1BKT6lKfWfgOMzsO7QUOuiq0nMap0gLy5EXoHy/jWf yukZITkRcGZmrDUzkgx4Ih4Xkp4EkXyaB2Xnfg1aspao/JyJ4rrEKJRvVb4xvGeE1ARBUwnOjfdN IxoN+qZI35iVS8MH6Um8CIWdABXjajH4bQ39LgjPCNknDhbsApM4HLhjmtFpicmLBLknep7wg4bE HFr34LGOPGPpJyaxbkQ7KF6Gchfy+nm+60CeEdIjGJpf8AiYq039r2MKgMfHsIddpHE3cQmI7uEt yNwHm8RhXTz7KDApmWkSu+GezGdTCc8ImSEiGppxA82wekiIZFAK4vtZFvPN7aA0sOO5rT9S3mtE /BzKPZMP+o1nhC3PEC00lKDl5zEZSLIvTT4yyKzdhYeKAbppqEZTD+6L4L9ebIxrIp4RsscUXHXm yXQ8cLc+x6LQVof3mpEoV0cNS3SxIZF7HXaQy7WPLqbuVk3aSXHbJmd3uOi1QAo8V3/faCxXxnpG 2PpMQUKkyUY/KaHbxog2Vgo1CbudReQbhW2tdDZKmSWzcC2DhE1TB5psfyFcCoIv963hGaGhMEWh hiY0Zz5Mz67NEqVAl3y4gskzgmeEdJiDK9dcn9hLszUvgAne8zXjGcGDh5xghCa+qjx48IzgwYNn hAAGnj+0KXC7Bpan1o2k7htEOZvFzGxXPXIajyYI5Y9Pvu9b+HNFkyYFPISKU4A83px27ZUIr1Jc hrXE+yf8Hu6XcHlOD+fMW1vptlN+VuKbNYpLhbMI7wtFqPyGK6acPmwB/9Xw53QkZ2d2tdLqICbn d0V6bqlw7jPgjA/zvgBp1CrPPMxquv7L/3DqspB54TvccrhMl9OdH9KVH+uDG3s45888/odpwp// a648chFsPZ43ML9wV8ItlGLN07BrFbcCYcuVT+4Ue1r5Yf54W81SJz+cpeI06wrVHTf1t0LYCsXj CvNytVVHuMsCf+u5A/+p+q1iu9nh+oZ12xR+n+rZrtvV8K+GP8u/Sm1E/2CmbA3Ca1SnRRbNLYN/ pV1Oi15Yho+sumqj9thZdbpQfsQq0UTQvhWivzVqr+WZlAgTTGKFlT+eDOyPn3A/8FsigPtN4nQH zpnzjM59VSie/kxrx9PxzAsrLoPL8zev18yKne69eraPW+FpD30Rh9ewcqWX6R0uLGNPbhIXYbTS v+088pmEwGuQuBB2q+Ifom8PMdEnO4/RP6bgH6yjMWog3iPWU40ZXK8UlJdhPBz4bvnTTOO31vOt eh4pYipVvvZRWseY6AU7nnRH84mJalzmh/ck0J7oYOWV9cMLE3ex4j0G7INvuVL+NolHBD8b7u76 5h11OIy/r76dCfcAlh1IA70BanPWxQNW3bKswc2eU9Wm9ymcTDrCJPaF23VaarWT2+Huo/YMLkkZ adVfZ9HL0fjuFvkxz4c67ctO+wGV87ZsDY3IfTQo491gXC2drQJxEWim+f7Z+f3BmaOAd1vEcrV6 wA+ddANY60isTurl3W95AsMVIXlk/GpJie9MDPD/qcrrsyZhhkBJ9BF76BTl5dlIJUqvRtKAUqQ6 5Fv2zEtN3Wl1JHb2xNvonc9BA9PuaDTSeQw4M6LsLnypeg6mQdaI6N/UOy1M5yI9eyPROyLi003C 7KKN3m8WExF4KsdNVpwTxMCDxGRctZ6k+mvh5JXtchTK1VvftXHaiXltL8lVjbzxvoWFcCfbEseC SjFY1C1HFfqnXf9VdvviebZocaLV+WSMEZZo2LBWhWsqrv6HCs/hyfEW9wdgn8q8EZlkfPuAKjvd cj3bq6Z85mFdwfbKt4SEGepNg+MXFyl+cAbRIhNycjNFrUmYTAxBA/VIUe7gQm4Ow75SvKGIxz2+ wdHrlCrrxLS8wX4xwrurQUk4wXVLv1MvVhUxLJ2uTiYKWms4uULleFY9cnBGEg8HOx7/tue6a5WH Xuqx20iysMPqo29WqE776f00tWcvqw05pLlcPf4y5ZWdTHOVnUz1pNKvVPgi1Q2J8df6Lilw6CXp d5MkcCCxi9QJNFebf2h1hmE7CCdpKPpJphlhd/UkeyhOmXrIVSr8V/jpRGCww2kwCsK7AJ6Bey/w dlN3SG6lqbtVxk63k55t4mynhvvCGjfbl2yPNHUHbu2t+F00bp0nxnPFL8OLVblxjNJGanjGvA4R ATPdtfDjDTk8t+i/TAv/myCmPVvSaqh640BiTBazlKqxyVTBzZvM+3FJ8kFC5204B6kcTLe/2sCo Rw7uRwigQL3jekmQLtLvyJRzxNDBELSbGK0W4dy3/ZyYgJL8UnU4NZJ0A0SQpIWnRAPL5bZUeB+r 45luYpi3czhmEldjVaszaw4/MmBH6T3lGv6dZEmvH4cwVI0JP/d185RlU3esOjN3rcR/mSWmbcvK cVaFUlFkhTbhs8Jvt4YPdrqDVbF2L36uJMlqKZctLbFcICWthxr6HIWtM5veWlli5asGcTYiDglx HJ4rIspbop47+Md+cNfBfRR+4xkPz8PEvPcrzRGKe6kao0KNy3cejrUBfi/i/RXF56FbO4mApqr3 izppepzC3hdxl6gOKXXGy+81Kbr27NdwfdfU6vjK9BwMh0ZImT5a+Zwr/3vUbhdIMWU7fIPns/W/ 9erp10ui1IhRnxFdkZhfUlp/lmQ3JsmNokh/PtIvVx1zYqFYZQwuXynRRESJ8lpk0eA4p/5GpMMI BXFX3jx48OsIHjzkOfxfgAEArT1LPC/BEb4AAAAASUVORK5CYII= ------=_NextPart_000_011D_01D81CFC.B161E9B0--