Insurance Coverages
MAJOR ANNOUNCEMENT
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 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.
– Medical and adult use
– 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!
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.
NCRMA TIMELINE
OCTOBER 2019
Eszter Farkas, J.D., Regional Director – West joins the NCRMA. Eszter is located in Las Vegas, NV.
SEPTEMBER 2019
Tamala McBath joins the NCRMA as the Chief Execution Officer.
SEPTEMBER 2019
NCRMA reorganizes the structure to best accommodate geographical locations demands of staff
SEPTEMBER 2019
Jane Holland joins the NCRMA on a permanent role as Director of Operations, CFO.
JULY 2019
On July 1st, The NCRMA sanctions its first insurance product consistent with its mission and vision.
MAY 2019
Sandy Levenduski joins the NCRMA as Manager of Marketing and Member Services
april 2019
Dawna Capps-Evans joins the NCRMA as Executive Director
MARCH 2019
Product development influence initiated through appointment of Brian Nelson as an NCRMA Board Member
february 2019
Rocco Petrilli named interim Executive Director of the NCRMA
january 2019
Rebranded our NCRMA logo and messaging to fit our risk management focused mission
december 2018
Created Partnerships with Law firm, Tucker Arensberg; Accounting and Tax firm, Indiva Advisors; and Licensing firm, Tetra Growth Systems
november 2018
NCRMA Advisory Board formed to allow for easy input from our Members into our product creation
september 2018
Committed to the Broker Distribution Channel to offer insurance through trusted, appointed retail brokers
august 2018
Narrowed association focus to a Comprehensive, Collective, and Affordable insurance offering
june 2018
Added exclusive NCRMA payment processing Partner, Pineapple Payments
April 2018
Developed first Public Policy Agenda
February 2018
Began market research and Beta launch at Cannabis Industry trade shows
december 2017
Added founding Service Partners, ProTect-All and FifthWall Solutions
november 2017
Incorporated as 501 (c) 6 Trade Association
"There is no more neutrality in the world. You either need to be part of the solution or you will be part of the problem." - Eldridge Cleaver
PITTSBURGH
100 Allegheny Dr.
Warrendale, PA 15086
info@ncrma.net
LAS VEGAS
3960 Howard Hughes Pkwy
Suite 549
Las Vegas, NV 89169
702-990-3516
WASHINGTON DC
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