AUI Brokerage Offers Cannabis Coverage with a BIG Appetite

Brokerage

Marijuana coverage has been a hot topic for some time now because it seems to be its own enterprise. Just last week, Insurance Business wrote, “It’s important to think beyond just cannabis. After legalization, farmers can start growing hemp again. You can make paint out of it, building material, clothing homes… so there’s all kinds of things beyond cannabis legalization that could be coming out of this that no-one’s even looking at. Imagine if we started growing hemp and used it to make fuel for cars.”

Appalachian Underwriters’ Brokerage division is now able to quote a wide variety of Cannabis-related risks! Target cannabis appetite is for hard-to-place and distressed accounts.

Target Classes include:

 

Allied Health Care:

  • Individual Practitioners Performing Evaluations
  • Medical Marijuana Evaluations Clinics
  • Pharmacies/Pharmacists Dispensing Medical Marijuana

 

Commercial Property:

  • Ancillary Products, Vape, and Paraphernalia
  • Dispensaries
  • Growers
  • Laboratories
  • Lessor’s Risks
  • Manufacturers: Drink, Food, and Medical
  • Processors
  • Retail Stores

 

Casualty:

  • Dispensaries
  • Edibles
  • Growers
  • Hospitality Businesses (Bakeries, Coffee/Cannabis Shops, Conventions)
  • LRO Properties
  • Processors
  • Rolling Paper Manufacturers
  • Security Firms serving Cannabis Businesses
  • Vaporizers & other Smoking Devices/Accessories

 

Management Liability (D&O and EPL):

  • Cultivation
  • Dispensaries
  • Product Manufacturers & Others
  • Retail Stores

 

Professional Liability:

  • Compliance, Licensing and Business Consulting
  • Specialized Professionals: Accountants, Architects, Engineers, Lawyers, etc
  • Staffing and Employment Services

 

Submission Requirements:

  • ACORD Applications required for Property & Casualty submissions
  • Supplemental Applications where appropriate
  • Five year currently valued company loss history with a description provided for losses over $25,000 for Property & Casualty submissions. For Management Liability and Professional Liability, provide information on all claims.

 

For more information, please contact:

Jonny Young

jonny.young@appund.com

865-482-8199

 

 

Davies, Chris. How can brokers branch out into cannabis coverage? Industry veteran tells all. https://www.insurancebusinessmag.com/ca/people/how-can-brokers-branch-out-into-cannabis-coverage-industry-veteran-tells-all-89738.aspx 18 Jan 2018. Web. 22 Jan. 2018

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