The NCRMA, in keeping its commitment to its members, is pleased to announce the launch of the first of several cannabis insurance products. This initial introduction represents the first of a number of offerings that will better serve and protect the NCRMA membership and while freeing up dollars to be used to grow and expand their businesses.
Insurance Offering for NCRMA members by Conway E&S, exclusively for NCRMA members through NCRMA approved retail brokers.
Product Highlights: For Licensed stores and Dispensaries for coverage effective starting on August 1st, 2019.
Property, General & Products Liability, and Excess Liability
Carrier Partner rated “A 11” by A. M. Best & Company
$10m property limits available including Equipment Breakdown
First Dollar General and Products Liability
Up to $5m/$5m Excess
“Clean and Clear” policy forms and endorsements
Customized Safety & Loss Control services with ProTect-All Solutions!Click Here To Get A Quote
Manage Your Risk with our Trusted Advisors
The NCRMA's influenced insurance offering will be the only product in the industry built and designed with extensive membership input.
The insurance will be available through members' retail insurance brokers. If they do not have an appointment to distribute this product yet, encourage them to visit our Insurance Brokers Page.
The extensive education and promotion of robust risk management practices will result in a lower claims rate by the member policy holder. This lower claims history will ultimately translate into higher policy coverages per premium dollar spent by these members.
Incorporated as 501 (c) 6 Trade Association
Added founding Service Partners, ProTect-All and FifthWall Solutions
Began market research and Beta launch at Cannabis Industry trade shows
Developed first Public Policy Agenda
Added exclusive NCRMA payment processing Partner, Pineapple Payments
Narrowed association focus to a Comprehensive, Collective, and Affordable insurance offering
Committed to the Broker Distribution Channel to offer insurance through trusted, appointed retail brokers
NCRMA Advisory Board formed to allow for easy input from our Members into our product creation
Created Partnerships with Law firm, Tucker Arensberg; Accounting and Tax firm, Indiva Advisors; and Licensing firm, Tetra Growth Systems
Rebranded our NCRMA logo and messaging to fit our risk management focused mission
Rocco Petrilli named interim Executive Director of the NCRMA
Product development influence initiated through appointment of Brian Nelson as an NCRMA Board Member
Dawna Capps-Evans joins the NCRMA as Executive Director
On July 1st, The NCRMA sanctions its first insurance product consistent with its mission and vision.