Cannabis

Expertise and Specialization
for a Growing Industry

The only things changing as quickly as cannabis legislation are the unique insurance needs of this budding industry. Jencap proudly extends the power of our in-house specialists to you and your clients. This dedicated team of experts works exclusively on cannabis risks and understands the complexities of each risk by state, class of business, and legislative landscape.

Target Classes of Business

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Ancillary Businesses

Dispensaries & Retailers

Growers & Cultivators

Processors & Manufacturers

Property Owners & Managers

Secure Transport

Testing Labs

Transportation Services

Coverage Solutions

  • Auto (Primary/Excess/Hired and Non-owned Auto)
  • Business Interruption
  • Commercial General Liability
  • Crime
  • Differences in Conditions
  • Directors & Officers
  • Employment Practices Liability
  • Equipment Breakdown
  • Goods-in-Process
  • Inland Marine
  • Living Plant (Crop)
  • Open Peril or Special Cause of Loss Property
  • Product Liability
  • Product Withdrawal/Recall
  • Professional Liability
  • Stock and Inventory
  • Umbrella (Primary/Excess)
  • Workers’ Compensation
  • Auto (Primary/Excess/Hired and Non-owned Auto)
  • Business Interruption
  • Commercial General Liability
  • Crime
  • Differences in Conditions
  • Directors & Officers
  • Employment Practices Liability
  • Equipment Breakdown
  • Goods-in-Process
  • Inland Marine
  • Living Plant (Crop)
  • Open Peril or Special Cause of Loss Property
  • Product Liability
  • Product Withdrawal/Recall
  • Professional Liability
  • Stock and Inventory
  • Umbrella (Primary/Excess)
  • Workers’ Compensation

Cannabis Coverage Resources

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

Exclusive Jencap Programs

Jencap’s team of experts understands the 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 for over 50 cannabis markets. Our team is standing by to assist with your next cannabis placement and all associated risks.

Cannabis Site Pollution Liability

This program is designed for cannabis cultivators, processors, manufacturers, wholesalers, and distributors.

Cannabis business operations face significant insurance coverage gaps where pollution is concerned. That’s why Jencap established a first-of-its-kind, exclusive program that provides monoline Site Pollution Liability to cannabis risks. This program is a non-admitted, A+XII rated program that is available in all U.S. states where hemp or cannabis is legal for recreational and medical use. Our program’s exclusive cannabis specific form, broad appetite that includes high hazard operations, and full binding authority that yields quick quotes is the perfect insurance solution for your clients’ next cannabis risk.


Cyber

This program covers a variety of security breaches and data theft, as well as data extortion.

MiniCo offers a breach-response product from industry leader Beazley Insurance. Coverage includes security and privacy liability for employees and customers in the event of data theft; data recovery and loss of business income, including denial-of-service attacks and system malfunction; privacy regulatory defense and penalties including costs to comply with post-breach regulatory action; crisis-management costs such as customer notification, support, and credit-monitoring; and data extortion including payment of ransom monies to secure the return of data. This program is available in most states.


Program Contact

Michael Attanasio
518-782-3300
michael.attanasio@minico.com

Learn More

Equipment Breakdown

Monoline coverage for commercial properties that protects critical business equipment.

MiniCo Equipment Breakdown Insurance complements existing commercial property policies and specifically addresses exposures related to equipment breakdown. MiniCo's experienced, knowledgeable staff provides responsive customer service and customized coverage to meet the needs of each policyholder.


Program Contact

Robert Novak
602-678-3535
equipmentbreakdown@minico.com

Learn More

Hired and Non-Owned Auto

This exclusive, monoline program offers HNOA coverage for food and cannabis delivery services.

MiniCo provides an exclusive, monoline Hired and Non-owned Auto program for food and cannabis delivery services on paper rated A+ (XV). Our brokers deliver account winning solutions with their industry-leading specialization, quick turn around time on quotes and competitive rates nationwide (program not available in WV).


 

Program Contact

John Ware
678-802-4032
john.ware@minico.com

Learn More

Miscellaneous Professional Liability

Protect your professional services clients from harmful claims that may arise from allegations of third-party financial losses due to errors and omissions or negligence.

MiniCo offers Miscellaneous Professional Liability insurance to provide errors and omissions (E&O) coverage for a vast spectrum of professional service providers. This program is offered in partnership with an AM Best A-rated carrier and is available nationwide through wholesalers.


Program Contact

Rick Paladino
516-224-6266
rick.paladino@minico.com

Learn More

The Jencap Advantage
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The Jencap Advantage

Cannabis is not a generalist's game. Learn how Jencap provides specific expertise for cannabis coverage.

Challenges
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Challenges in the Cannabis Industry

This growing industry brings new challenges, like capacity limits, that Jencap is uniquely equipped to overcome.

Gaps
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Coverage Gaps in the Cannabis Industry

Gaps can create frightening situations; our experts know how to ask the right questions to keep your clients covered.

Legalization
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The Legalization of Cannabis

The state-to-state regulations bring complexity that a generalist can't provide. Jencap's experts bring the nuanced coverages your clients need.

Industry 2020
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How the Industry was Effected in 2020

From growing social acceptance to dispensaries being categorized as essential businesses, 2020 dished up coverage curveballs.

Don’t See What You’re Looking For?

Chances are ... we cover that, too. Jencap’s friendly experts are here to answer any questions you may have.

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