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For Agents

Building Your Cannabis and Hemp Insurance Business by Referrals

- July 13, 2020

Referrals are a great way to build your book of business. Not only are they a cost-effective strategy for growing your client list, but they also tend to be stronger leads with a better chance of becoming a customer. When referrals come directly to you, you can spend less money on marketing and less time […]

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For Agents

Helping Dispensary Owners Find The Right Coverage

- May 26, 2020

As the cannabis and hemp industry continues to grow, new dispensaries are establishing themselves around the country. For many dispensary owners, this is the first time they are running a cannabis and hemp business and possibly, their first time running their own business in any industry. As an agent, your clients will be looking to […]

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For Agents

Common Marijuana Claims & How to Handle Them

- March 30, 2020

It’s no surprise that the rapidly-expanding marijuana industry has become a large opportunity for insurance brokers and agents. However, this highly complex industry presents a unique set of challenges. Cannabis-related businesses have many of the same needs as any other industry — from property coverage to product liability — but with such a new and […]

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For Agents

Convincing Potential Clients that they Need Cannabis Insurance

- November 12, 2019

The marijuana business is just that—a business. Big business. In 2017, legal sales of marijuana (medical and recreational) reached $8 billion. With more than half of U.S. states having legalized some form of medical or recreational marijuana, and more states expected to do so, legal sales are projected to reach $22 billion by 2022. That’s […]

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For Agents

How to Grow your Clientele as a Marijuana Insurance Agent

- September 17, 2019

Growing a successful business in a niche industry can be a challenge. And, as the marijuana insurance industry evolves and shifts over time becoming more competitive, you may find yourself having to get more and more creative in order to increase your list of clientele. Consider these tips: Revisit your target clientele and goals Oftentimes, […]

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For Agents

What are Cannabis and Hemp Companies looking for in an Insurance Agent?

- April 30, 2019

With more and more agents starting to offer cannabis and hemp insurance, it’s important to set yourself apart from the competition. Keep in mind that companies will be looking for the following when shopping around for coverage: Expertise Cannabis and hemp companies want to work with an insurance agent who knows the industry like they […]

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For Agents

Cannabis Insurance Agents: How to Become an Industry Expert

- August 1, 2018

The legal marijuana industry is complex, ever-evolving and rapidly growing. If you’re an insurance agent who has recently started offering cannabis insurance to your clients, now is the time to immerse yourself in the industry and truly become an expert. This will set you apart from your competition and will allow you to provide the […]

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For Agents

How can Agents benefit from Offering Marijuana Insurance?

- July 1, 2018

Have you received inquiries about whether or not you offer insurance to cannabis or cannabis-related businesses? If you’re wondering if you should tap into this growing market, read on to discover the advantages. It’s a growing industry Arcview research firm projects marijuana sales to jump from $6.7 billion in 2016 to $22.6 billion by 2021, […]

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