P&C Report: 2026 Forecast
Key TakeawaysÌýÌý The E&S P&C market is in a strong position, supported by disciplined underwriting and strong carrierÌýappetite.Ìý The E&S marketplace has recorded 14 consecutive years of premium growth, with
Cannabis
Cannabis
Unique Risk Management ÃÛÌÒapp for this Growing Industry.
Medical and recreational marijuana sales are expected to reach intoÌýtheÌýbillionsÌýin the U.S. by 2023. The market’s rapidly changing landscape presents unique risk management considerations for those involved in the cultivation, production, dispensing and sale ofÌýcannabisÌýandÌýcannabis-derived products. Ìý
CannabisÌýCoverage through ÃÛÌÒapp & Wilcox can help your clients manage the unique risks associated with operating regulated dispensaries and nurseries. The coverage also helps manage risks for building owners and leased facilities.ÌýEach account is handled with industry expertise, strong market and carrier partnerships and a solutions-based approach to help insuredsÌýunderstand the needs of the customer.Ìý
CannabisÌýCoverage through ÃÛÌÒapp & Wilcox can help your clients manage the unique risks associated with operating regulated dispensaries and nurseries. The coverage also helps manage risks for building owners and leased facilities.ÌýEach account is handled with industry expertise, strong market and carrier partnerships and a solutions-based approach to help insuredsÌýunderstand the needs of the customer.Ìý
EDUCATE YOUR CLIENTS
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Sales SheetCannabis Coverage Details
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Sales Sheet
Cannabis In-Transit
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Sales Sheet
Cannabis Product Recall
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Sales Sheet
Cannabis Workers' Compensation Program
INTEL FOR BROKERS
Recent Cannabis Wins |
See More |
$121,000
POS AND WEB SITE FOR CANNABIS
$70,000
CANNABIS EDIBLE MANUFACTURER
$65,000
GENERAL LIABILITY & EXCESS LIABILITY - CANNABIS RETAILER
$27,000
CBD AND MARIJUANA RETAIL OPERATION
Areas Of Specialty
Dispensary/Retail Stores
- Recreational DispensaryÌý
- Medical DispensaryÌý
- CBD Retail StoresÌý
- Online or Brick & Mortar SalesÌý
- Smoking AccessoriesÌý
Cultivation & Grow Operations
- Outdoor CultivationÌý
- GreenhousesÌý
- Indoor CultivationÌý
- Bulk/WholesaleÌý
- Seeds/ClonesÌý
Extraction and Plant Oil Processing
Testing Labs
Lessor’s Risk Only with Cannabis tenants
Product Manufacturing
- Oils/Tinctures Ìý
- Supplements/CapsulesÌý
- Food Products/EdiblesÌý
- Topical/CosmeticsÌý
- Smokable Products including VapesÌý
Available Products
- General Liability
- Premises Liability
- Product Liability
- Property (including indoor Crop)
- Builders Risks
- Inland Marine
- Professional Liability
- Directors & Officers Liability
Notice
Product Documents
Your Local Team |
Related Intel |
See All |
Spike in Burglaries: Cannabis, Jewelry Shops Among Top Targets
A smash-and-grab burglary at a cannabis dispensary in San Francisco, California, in late September left the business with significant property damage and missing merchandise. According to CBS News Bay Area,
Ask the Expert Q&A: Cannabis Insurance
From theft and vandalism to product recalls and lawsuits, cannabis companies face a variety of risks as they operate in a rapidly changing industry. To learn how Cannabis Insurance can
Knows our market very well. Able to place difficult risks quickly. Great response times!
Recent Cannabis Wins
$121,000
POS AND WEB SITE FOR CANNABIS
$70,000
CANNABIS EDIBLE MANUFACTURER
$65,000
GENERAL LIABILITY & EXCESS LIABILITY - CANNABIS RETAILER
$27,000
CBD AND MARIJUANA RETAIL OPERATION
$24,500
MEDICAL MARIJUANA - GROWER & CULTIVATOR
$17,300
LICENSED RETAIL CANNABIS DISPENSARY
$5,600
LICENSED RETAIL CANNABIS DISPENSARY
$5,150
CBD MANUFACTURING
$5,000
CBD MANUFACTURING/SALES - GL
Eligibility Guidelines
Below are the eligibility guidelines for online binding and issuing Cyber Liability:
– Revenue up to $15M accepted
– 138 Industries Accepted
– Excluded Industries include: adult content, auction sites, data processing, debt collection, direct marketing franchisees, healthcare aggregators, online gambling, payment processors, pos technology, search engines and social media.
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Product Guidelines
Honoring a True Pioneer
A BURNSÌý
WILCOX ASSESSMENT
Article Title
April 16, 2020
Written by
Denis Brady
PRESIDENT, BURNS & WILCOX BROKERAGE
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“Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?”
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State of the Cannabis Market
A BURNSÌý WILCOX ASSESSMENT