Global insurance group Tokio Marine has announced it has signed a definitive agreement to acquire Commodity & Ingredient Hedging (CIH), a provider of risk management solutions for the agricultural and commodity sectors, from Falfurrias Capital Partners.
Based in Chicago, CIH helps agricultural producers, grain merchandisers, and other businesses manage commodity price risk through an integrated suite of consulting, brokerage, and insurance services, all powered by a proprietary technology platform.
Through its proprietary offering, CIH combines weekly, education-driven advisory sessions with real-time execution capabilities across both insurance and derivatives markets, enabling clients to view, model, and manage their exposure through a single interface.
This integrated approach, paired with deep commodity expertise and a strong focus on client education, has established CIH as a trusted partner across the agricultural value chain.
“Through our partnership with Falfurrias Capital Partners, we’ve worked together to strengthen our technology, expand our service model, and position CIH for continued growth,” said Pat Gregory, CEO of CIH. “Joining Tokio Marine will allow us to extend our reach, broaden our capabilities, and deepen the support we provide to clients navigating complex commodity markets.”
Through this acquisition, Tokio Marine will add a highly complementary business that will enhance its specialty offerings in the US agricultural sector and expand its non-insurance risk solutions capabilities.
It is also expected to benefit customers in the agricultural economy by diversifying the group’s earnings and strengthening the capabilities of Tokio Marine HCC’s agricultural business.
Susan Rivera, CEO of TMHCC, commented: “We’re excited to welcome CIH. The team has built an impressive business that combines deep agricultural expertise with innovative technology to help clients manage price volatility.
“This partnership expands our ability to deliver comprehensive risk solutions beyond traditional insurance and supports Tokio Marine Group’s long-term strategy to grow through diversified, fee-based services.”
“Pat and the CIH team have built an exceptional business at the intersection of technology, risk management, and agriculture,” said Wilson Sullivan, Partner at Falfurrias. “We’re proud to have supported CIH’s growth and innovation and are confident that Tokio Marine is the ideal partner to advance the company’s next chapter.”
The transaction is expected to close during the first quarter of calendar year 2026, subject to customary regulatory approvals.
