The NCRMA endorsed captive insurance company is an insurance company owned by the association.

It is called a “captive” because only NCRMA members are eligible to participate in the program.

Captive Insurance Benefits

• Reduced transactional friction between insurer and insured
• Member driven enforcement and control
• Coverages customized to meet member’s needs
• Profits returned to members in form of increased risk share, reduced premium and expanded coverage
• Improved coverages
• Increased capacity
• Investment income funded claims reimbursement
• Reduced operating costs
• Expert claims control

TRICHOME™ is the product brand offered by NCRMA endorsed captive. It is a part of a series of membership benefits established to satisfy the critical needs of our members.

These membership benefits include a combination of endorsed insurance products, enforcement, risk control and innovative risk management not currently available in the cannabis market.

Risk Management Solutions for Dispensaries & Associated Grow Facilities

• TRICHOME™ Insurance Products
• Innovative Risk Control
• Cannabis Risk Prevention Platform (CRP²™) Tailored Specifically For Cannabis Risk Definition and Mitigation
• Dedicated and Knowledgeable NCRMA Appointed Broker Distribution Network
• Limited Distribution Through Vetted and Appointed Broker Partners
• Streamlined Application Process
• Clean Insurance Policy Form Language
• ISO Based With Proprietary Enhancements
• Ease Of Transaction
• Underwriting and Risk Management Teams Experienced in Cannabis Risk