Cannabis

Kinsale has insurance solutions for Tier I and Tier II MRBs throughout the cannabis life cycle, everything from seed to sale.

We provide Commercial General Liability and Products Liability coverages for Tier I and Tier II marijuana-related businesses (MRBs) in states with legalized medical or recreational use and hemp cannabis/CBD goods in all fifty states.

Tier I marijuana-related businesses (MRBs) are businesses that actively touch the marijuana product. Tier II MRBs are ancillary businesses that support the marijuana product.

Kinsale divisions that underwriter cannabis risks include:

Commercial Property

    • Cannabis-related industries including growers, retail, processors, and more.

Entertainment 

    • Cannabis-related special events (with and without consumption)
    • Cannabis friendly retreats/churches/meditation centers
    • Cannabis tours

Health Care

    • Individual practitioners performing evaluations
    • Medical marijuana evaluation clinics
    • Pharmacies/pharmacists dispensing medical marijuana

Inland Marine

    • Motor Truck Cargo or Owner’s Cargo coverage for cannabis derived products and CBD/Hemp
    • Equipment for extraction, grow, and dispensary businesses
    • Farming equipment used for cannabis related framing
    • Mobile cannabis related equipment

Life Sciences

    • CBD, cannabidiol – topical products only
    • Hemp, including dietary supplements

Management Liability (D&O and EPL)

    • Cultivation
    • Dispensaries
    • Product manufacturers and others
    • Retail stores

 

 

Products Liability

    • Cannabis dispensaries, distributors, growers and processors, includes plant oil processing and extraction equipment.

Product Recall

    • Cannabis-related products

Professional Liability

    • Compliance, licensing, and business consulting
    • Licensed retail dispensaries
    • Specialized professional: accountants, architects, engineers, lawyers, etc.
    • Staffing and employment services

Small Property

    • Cannabis-related industries: CBD/Hemp, dispensaries, extraction, grow, LRO, and laboratories

BROAD TARGET CLASSES:

  • Growers, manufacturers, and processors
  • Transportation
  • Medical marijuana evaluators
  • Quality Assurance labs
  • Dispensaries, retail, and hospitality businesses
  • Vaporizers, smoking devices, and other accessories
  • Specialized professionals (accountants, architects, engineers, lawyers)
  • Security firms