Cannasure continues to enjoy nationwide growth with many different operators and opportunities in the Cannabis & Hemp/CBD marketplaces. We’ve highlighted a handful of our recent successes to share the robustness of our appetite, both from our MGA and Wholesale Brokerage units. We look forward to adding new successes in the final two months of 2021 and into the new year through your support. Thank you!
Vertically Integrated operations in CO and MI
Full Package coverages offered with >$100M Property values and $10M in General Liability & Products Liability limits – High six-figure annual premium
Cannasure won this opportunity due to our Multi State Operators appetite & industry leading Property capacity.
Builders Risk placement in WV
$5M build out – Less than $20K
Building will be geared for Growing & Processing.
Commercial Auto in CA
Dispensary deliveries direct to Consumer – $10K annual premium – $1M CSL
Saved client 20% on their Auto renewal.
MA based Grower/Processer
$50M Property limits & GL/Products Liability limits of $2M – Just under $175K
New business to Cannasure due to Property limits that exceeded the incumbent’s capabilities.
Workers’ Compensation for a Cultivator/Processor in NV
– $22K annual premium
Cannasure rounded out an existing account by placing the WC after securing the Package and Auto coverages.
Monoline Cyber Liability placement for a WA based Cannabis Wholesaler
$1M limit – $10K minimum
Cannasure won this account due to the Cyber carrier’s offer of a diagnostic review of client’s Cyber security system.
Testing Lab operations in NY
$2M General Liability and Professional Liability limits – $10K
Monoline GL placement initially to help client with their permits/landlord requirements.
Vertically Integrated operations in MD
$5M GL limit, $25M Property TIV – $300K annual premium
Competitors could only offer $15M in Property coverage; Cannasure’s Property capacity was key to this win.
Medical Dispensaries in OH
$2M General Liability Limits, multiple locations totaling $24M in Property capacity – $110k annual premium
Cannasure issued 3 GL policies to present client/Agency a “per location” stand alone liability enhancement.
Cultivation and Dispensary operations for a Multi-State Operator in AZ and new NM location
$20M Property TIV with GL coverage – $125K
NM operations are ground-up Builders Risk which will convert to full Package coverage upon completion.
Grower/Processor/Extraction operations in CA, NV & WA
$38M Property TIV with $2M GL/Products – <$200k annual premium
First win in CA, which was launched in the 3rd quarter of 2021.