July 3, 2019

Introducing- Risk Management for the Cannabis Industry: Beginners, Intermediates, and Experts

Many of us have taken our passion and/or expertise in other areas and brought our talents to the Cannabis space. For me, with more than 25 years of experience in commercial insurance, I saw how my gifts and expertise could benefit the industry. The evolution of the cannabis space is moving at a fast pace and insurance solutions offered are moving at a pace that is, let’s just say, much slower. Yet, it is fact that for all industries, insurance has been the primary risk management tool used that helps sustains businesses after a loss.

Congratulations to all of the pioneers, many who through blood, sweat and tears are making a way in this space. I wish you success and longevity for your business. Understanding ways to sustain your business through risk management is a discipline that all businesses must undertake; relentlessly. This blog will focus on insurance and risk management for your cannabis business. My desire is that business owners, insurance professionals, risk managers, and the cannabis concerned will find valuable morsels to take away from this blog as they build their business.

I am very excited to be an integral part of the NCRMA as their Executive Director and am committed to the growth and success of all of the business of our members and all those who enterprise in this space.

Regards,

Dawna Capps-Evans


THE NATIONAL CANNABIS RISK MANAGEMENT ASSOCIATION

About the NCRMA

The NCRMA is a member-centric organization that is committed to establishing an affordable, comprehensive insurance, risk management and business services solution for cannabis-related businesses.

How to Join

https://ncrma.net

Contact: Sandy Levenduski

NCRMA Manager, Marketing and Member Services

slevenduski@ncrma.net

216-282-6401


May 30, 2019

To all valued NCRMA members,

Thanks to all of you for your early interest and collaboration with the NCRMA. With your support, our membership has grown to over 1,800 with new advocates registering daily. The timely input on your differing but important risk management needs has created a wealth of information that we have used to chart our fundamental work. Your feedback has formed the risk management offerings we are now delivering to our association membership.

We recently announced the appointment of two key members of our leadership team, Dawna Capps-Evans as the Executive Director of the NCRMA and Sandy Levenduski as the new Manager of Marketing and Member Services. Prior press releases unveil exciting information about both Dawna and Sandy’s insurance and risk management background and how they will use their knowledge and experience to lead the NCRMA to the completion of our mission and the realization our vision. Their presence will be beneficial to all of us.

We have also recently launched our updated website at www.ncrma.net. This virtual storefront is packed with information describing the cannabis insurance and risk management products that we are developing along with the timing for their delivery. The site also introduces our inaugural exclusive and preferred partners who bring a solid portfolio of products and services to the membership.

You will soon receive a membership pamphlet that will need to be completed and returned promptly, so that we may adequately offer you NCRMA products and services.

We are delighted to report that your days of struggling with inadequate risk protection for your cannabis businesses are numbered. The NCRMA is committed to turn your experiences of costly exclusion into a more pleasant and valuable inclusion with education, resources, and insurance product development.

We wish you all the best fortune in your business endeavors and look forward to a long and prosperous partnership with each of you.

Regards,

THE NATIONAL CANNABIS RISK MANAGEMENT ASSOCIATION

About the NCRMA

The NCRMA is a member-centric organization that is committed to establishing an affordable, comprehensive insurance, risk management and business services solution for cannabis-related businesses.

How to Join

https://ncrma.net

Contact: Sandy Levenduski

NCRMA Manager, Marketing and Member Services

slevenduski@ncrma.net

216-282-6401


May 15, 2019

NCRMA Welcomes Sandy Levenduski as Manager, Marketing and Member Services

Pittsburgh, PA-- The National Cannabis Risk Management Association is proud to welcome Sandy Levenduski as Manager, Marketing and Member Services. Levenduski will oversee management responsibilities in the areas of branding, media outlets, membership services/support, and service partnerships.

"Sandy’s addition to the growing NCRMA, combined with the recent appointment of Dawna Capps-Evans as our Executive Director conveys a message to our members that we are committed to delivering on the many positive advantages associated with NCRMA membership”, said Rocco Petrilli, Chairman of the NCRMA Advisory Board. “Member services are at the core of our purpose.”

Sandy joins the NCRMA team with experience in insurance, compliance, and marketing management. Prior to her involvement in several marketing assignments, she spent four years in retail insurance and holds her property and casualty insurance license.

“I am thrilled to be a part of such a great team of leaders and innovators in the industry”, stated Levenduski. “My entire career in business and marketing has been spent to prepare me for this role, and I look forward to contributing to the success of the association and its members."

About the NCRMA

The NCRMA is a member-centric organization that is committed to establishing an affordable, comprehensive insurance, risk management and business services solution for cannabis-related businesses.

How to Join

https://ncrma.net

Contact: Sandy Levenduski

NCRMA Manager, Marketing and Member Services

slevenduski@ncrma.net

216-282-6401


April 15, 2019

The NCRMA Appoints Dawna Capps-Evans as Executive Director

The NCRMA is executing its vision as the member centric bridge along the seed to distribution network through coupled best-in-class risk management practice and offerings.

Pittsburgh, PA-- The National Cannabis Risk Management Association (NCRMA) has named Dawna Capps-Evans as its Executive Director. Capps-Evans is replacing Rocco Petrilli who has been performing in an interim role. Petrilli remains with the organization as its board chairman.

Capps-Evans joins the NCRMA with 25 years of experience in the Property/Casualty Industry in senior leadership roles focused on Specialty Underwriting, MGA/Affinity Programs and Risk Management.

Prior to launching WULF LLC, Capps-Evans spent 16 years at Travelers Insurance in various leadership roles; most recently as the P&C Leader in Sao Paulo, Brazil for Travelers newly created commercial insurance company in South America.

Capps-Evans holds the distinguished CRM (Certified Risk Manager) and CIC (Certified Insurance Counselor) designations.

“We are delighted to present an insurance professional of the caliber and depth of Dawna Capps-Evans to our rapidly growing membership ” said Petrilli. “Dawna’s knowledge and experience, coupled with her passion for inclusive insurance options for NCRMA members will drive the risk management service and education vital to the direction of our own collective association insurance product.”

Petrilli further commented, “Dawna’s decision to join our purpose represents a fundamental and essential step in our mission’s execution. Today marks a momentous day for all cannabis related companies industry wide.”

“Being an integral part of creating fair and comprehensive insurance driven by sound risk management practice is very important to me”, stated Capps-Evans. “I am excited to serve the NCRMA in this much needed endeavor and look forward to dedicating my time and energy to the risk management and protection needs of our members,”stated Capps-Evans.

About the NCRMA

The NCRMA is a member-centric organization that is committed to establishing an affordable, comprehensive insurance, risk management and business services solution for cannabis-related businesses.

How to Join

https://ncrma.net

Contact: Dawna Capps-Evans

NCRMA Executive Director

dcappsevans@ncrma.net

860-245-1214


February 15, 2019

The NCRMA Launches Cannabis Industry’s First Member-Centric Insurance, Risk Management and Business Services Solution

Member-based organization dedicated to cannabis retailers, cultivators, processors, and ancillary businesses.

Pittsburgh, PA-- The National Cannabis Risk Management Association (NCRMA) has unveiled plans to create the first, full-service insurance, risk management and business services solution for the cannabis industry.

What NCRMA Plans to Offer in 2019

The NCRMA will help members forecast, identify, evaluate and address financial risks. With access to customized products and services focused on risk management, the NCRMA members will enjoy unparalleled shelter in this emerging and evolving cannabis market.

“Our pledge is to represent the true interests of our association membership” said Rocco Petrilli, NCRMA’s Executive Director. “We will do this by organizing and providing our members access to the best “protector type” products and services available. If existing offerings don’t meet our high-level criteria as established by our membership, we will combine and create until we possess those that do.”

The NCRMA will provide members access to exclusive, affordable, comprehensive insurance coverage and risk management for marijuana and hemp retailers, growers, processors and ancillary businesses. The coverages will include:

  • Property Damage and Business Interruption for “all perils” including equipment breakdown, flood, earth movement, utility service interruption and other various sub-limited enhancement coverages;
  • Stock Throughput (seed to sale);
  • Crop;
  • General Liability, Products Liability and Professional Liability;
  • Cyber – First and Third Party;
  • Directors & Officers, Employment Practices, Fiduciary, and Crime;
  • Umbrella;
  • Auto Liability, Physical Damage and Cargo; and
  • Workers’ Compensation.

Additionally, the NCRMA will create exclusive and non-exclusive collaborations with companies who offer products and expertise (subject to additional fees, unless otherwise indicated) in key areas which currently include:

Exclusive

Non-Exclusive

Membership Fees

Membership to licensed cannabis and support businesses is free. The NCRMA charter is not “fees from members” but maximizes membership and their input on risk product need.

How to Join:

https://ncrma.net

Petrilli further commented, “We represent the interests of the association members who are cannabis business owners and their right to run their business under a sound risk umbrella. The NCRMA will forge solutions that promote inclusion of their needs for protection and not exclusion of these in the interest of others bottom line.”

About the NCRMA

The NCRMA is a member-centric organization that is committed to establishing an affordable, comprehensive insurance, risk management and business services solution for cannabis-related businesses. Led by Board Chairman, Rocco Petrilli, the NCRMA provides members with the resources, support and advocacy needed to mitigate risk and improve operations.

Members are kept up to date on risk management products and given priority access to all featured offerings from the association and our service partners.