Jencap Cannabis Program

Cannabis Program Solutions

Jencap’s team of experts understands every unique underwriting intricacy for the cannabis industry. We effectively assess the exposures and needs of our agency partners’ cannabis risks and provide tailor-made, winning insurance solutions.

  • 50+ cannabis markets and growing
  • New ventures accepted
  • Multi-state operations (including transportation)
  • National market reach
  • Excess property coverage available
  • High property TIVs available
  • Prior losses accepted
  • Local regulatory expertise
  • Occurrence and claims made form options
  • Monoline and packaged options available
  • 50+ cannabis markets and growing
  • New ventures accepted
  • Multi-state operations (including transportation)
  • National market reach
  • Excess property coverage available
  • High property TIVs available
  • Prior losses accepted
  • Local regulatory expertise
  • Occurrence and claims made form options
  • Monoline and packaged options available

Areas of Specialization

Growth & Cultivators

Growers & Cultivators

Dispensaries & Retailers

Dispensaries & Retailers

Processors & Manufacturers

Processors & Manufacturers

Property Owners & Managers

Property Owners & Managers

Testing Labs

Testing Labs

Ancillary Businesses

Ancillary Businesses

Transportation Services

Transportation Services

Secure Transport

Secure Transport

“Gone are the days when $1M/$2M GL and $10M property limit are adequate for a schedule of locations. We are seeing brand new $50M fully integrated facilities coming online and multi-state operators with $250M+ real estate schedules looking to consolidate dozens of policies into a handful. Our holistic approach to these unique risks sets Jencap apart from your average “plug and play” broker. This is what we do best. We specialize in cannabis risks and our team is standing by to add value to your next cannabis placement.”

Erich Schutz, CIC
Jencap Cannabis Specialist

Cannabis Coverage Resources

Download our full program flyer for recently written accounts, industry trends, knowledge checks, and more.

Thought Leadership

Challenges in the Cannibis Industry

Coverage Gaps in the Cannabis Industry

The Legalization of Cannabis

How the Industry was Effected in 2020

Up in Smoke: Insuring Cannabis-Related Businesses

Up in Smoke: Insuring Cannabis-Related Businesses

The sale of legal cannabis is projected to reach $20 billion within three years. With 33 states passing laws to legalize medical cannabis and 11 allowing recreational marijuana, the insurance industry is beginning to take notice.

How To Cultivate Your Budding Cannabis Clients

How To Cultivate Your Budding Cannabis Clients

It’s challenging to keep up with the ever-evolving commercial insurance needs of the cannabis industry. Laws are changing – new business types and applications are entering the marketplace – classifications have blurry lines – and insurance coverage needs are a moving target.

Workers’ Compensation Cannabis Class Code Roulette

Workers’ Compensation Cannabis Class Code Roulette

Determining the proper classification for cannabis businesses is not one you want to take a gamble on.  If you bet on a specific class code and it isn’t accurate, your client could suffer significant premium penalties at the time of an audit or worse – costly coverage gaps.

For more information on our cannabis programs, please contact us at Cannabis@JencapGroup.com