Conway Cannabis
Conway’s leading experts specialize in insurance and risk management for all aspects of the cannabis industry. Through our expertise and innovation, we have delivered comprehensive solutions nationally since 2012.
Conway Cannabis Insurance & Risk Management Solution
BROKERAGE & CAPTIVES
Conway represents the majority of the program and brokerage markets in the country. We place property and casualty lines of coverage for all types and sizes of cannabis and ancillary businesses.
TRICHOME™
TRICHOME™ is the endorsed insurance program of the National Cannabis Risk Management Association (NCRMA). Conway is the exclusive MGA for TRICHOME™ products for independent agents nationally.
MGA
Conway represents global indemnity as an MGA in all states. Licensed cultivators & growers, extractors & processors, wholesalers, dispensaries, and retailers (CBD & ancillary products).
NCRPS™
NCRPS™ provides solutions designed to mitigate and eliminate threats that can be detrimental to the success of businesses in the cannabis industry.
BROKERAGE & CAPTIVES
With a service-first approach, we believe in
co-representing the insureds with our brokers. We are committed to aligning the most appropriate resources and delivering the best solutions the market can bear.
Our captive team provides a comprehensive approach to the formation, underwriting, and ongoing management of privately owned insurance companies. We have expertise in one of the few global domiciles willing to approve cannabis businesses.
We Broker & Underwrite
- General liability
- Products liability
- Property
- Crop & stock
- Auto
- Workers compensation
- Excess casualty
- Excess property
- Executive liability
- Cyber
- Stop loss and health benefits
MGA
Licensed cultivators and growers, extractors and processors, wholesalers, dispensaries, and retailers (CBD & ancillary products)
Limits
- $10,000,000 property limits
- $1M/$2M/$2M Premises and Products
- $5,000,000 excess liability
Minimum Premiums
- Property $1,000
- Premises $750
- Products $2,500
- Products (non-dispensary): $1,500
Coverages (non-admitted/all states)
- Premises liability – claims-made/occ
- Products liability – claims-made
- Real & business personal property
- Crop & stock
- Business income
- Equipment breakdown
- Excess liability
Conway is the exclusive MGA for TRICHOME™ products for independent agents nationally. We partner with a limited number of independent agents by appointment, including NCRMA membership, risk management training, exclusive insurance products, and access to risk prevention services.
Limits
- $5,000,000 property limits
- $1M/$2M/$2M premises and products
Minimum Premiums
- Property $1,000
- Premises $750
- Products $2,500
Coverages (non-admitted/all states)
- Premises liability – claims-made/occ
- Products liability – claims-made
- Real & business personal property
- Crop & stock
- Business income
- Equipment breakdown
- XS, WC, and auto coming soon
NCRPS ™ provides solutions designed to mitigate and eliminate threats that can be detrimental to the success of businesses in the cannabis industry. Some services are included in TRICHOME™, but are also available on a stand-alone basis. An excellent reason to be paid commissions for making the industry better.
Assessment Education, Consultation & Training
Assessment
Innovative, proprietary, assessment tool Cannabis Risk Prevention Platform (CRP²):
- Cannabis industry-specific
- Cloud-based
- Virtual or on-site
- Scorecard
- Customized action plan
Education
- Assessment identified
- NCRM Academy offers 7 course tracks with 35 online courses
Consultation
To achieve dynamic results, the NCRPS™ team creates a consultation syllabus designed to attack the specific areas where a business is vulnerable.
Training
NCRPS™ risk managers provide continual hands-on support and are committed to facilitating the measurement and reward of risk improvement.