Cannabis

Expertise and Specialization for a Growing Industry

Target Classes of Business

Ancillary Businesses

Ancillary Businesses

Dispensaries & Retailers

Dispensaries & Retailers

Growth & Cultivators

Growers & Cultivators

Processors & Manufacturers

Processors & Manufacturers

Property Owners & Managers

Property Owners & Managers

Secure Transport

Secure Transport

Testing Labs

Testing Labs

Transportation Services

Transportation Services

Coverage Solutions

  • Auto (Primary / Excess / Hired and Non-owned Auto)
  • Business Interruption
  • Commercial General Liability
  • Crime
  • Differences in Conditions
  • Directors & Officers
  • Employment Practices Liability
  • Equipment Breakdown
  • Goods-in-Process
  • Inland Marine
  • Living Plant (Crop)
  • Open Peril or Special Cause of Loss Property
  • Product Liability
  • Product Withdrawal / Recall
  • Professional Liability
  • Stock and Inventory
  • Umbrella (Primary / Excess)
  • Workers’ Compensation
  • Auto (Primary / Excess / Hired and Non-owned Auto)
  • Business Interruption
  • Commercial General Liability
  • Crime
  • Differences in Conditions
  • Directors & Officers
  • Employment Practices Liability
  • Equipment Breakdown
  • Goods-in-Process
  • Inland Marine
  • Living Plant (Crop)
  • Open Peril or Special Cause of Loss Property
  • Product Liability
  • Product Withdrawal / Recall
  • Professional Liability
  • Stock and Inventory
  • Umbrella (Primary / Excess)
  • Workers’ Compensation

Exclusive Jencap Programs

Jencap’s team of experts understands the unique underwriting intricacy for the cannabis industry. We effectively assess the exposures and needs of our agency partners’ cannabis risks and provide tailor-made, winning insurance solutions for over 50 cannabis markets. Our team is standing by to assist with your next cannabis placement and all associated risks.

Cyber Insurance

This program covers a variety of security breaches and data theft as well as data extortion.

MiniCo Insurance Agency offers a breach-response product from industry leader Beazley Insurance. Coverage includes security and privacy liability for employees and customers in the event of data theft; data recovery and loss of business income, including denial-of-service attacks and system malfunction; privacy regulatory defense and penalties including costs to comply with post-breach regulatory action; crisis-management costs such as customer notification, support, and credit-monitoring; and data extortion including payment of ransom monies to secure the return of data. This program is available nationwide.


Program Contact

Michael Attanasio
518-782-3300
michael.attanasio@minico.com

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Equipment Breakdown Insurance

Monoline coverage for commercial properties that protects critical business equipment.

MiniCo Equipment Breakdown Insurance complements existing commercial property policies and specifically addresses exposures related to equipment breakdown. MiniCo's experienced, knowledgeable staff provides responsive customer service and customized coverage to meet the needs of each policyholder.


Program Contact

Angela Cozzo
1-800-528-1056, ext. 3008
angela.cozzo@minico.com

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Miscellaneous Professional Liability

Protect your professional services clients from harmful claims that may arise from allegations of third-party financial losses due to errors and omissions or negligence.

MiniCo Insurance Agency offers Miscellaneous Professional Liability insurance to provide errors and omissions (E&O) coverage for a vast spectrum of professional service providers. This program is offered in partnership with an A.M. Best A-rated carrier and is available nationwide through wholesalers.


Program Contact

Rick Paladino
1-516-224-6266
rick.paladino@minico.com

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The Jencap Advantage
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The Jencap Advantage

Cannabis is not a generalist's game. Learn how Jencap provides specific expertise for cannabis coverage.

Challenges
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Challenges in the Cannabis Industry

This growing industry brings new challenges, like capacity limits, that Jencap is uniquely equipped to overcome.

Gaps
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Coverage Gaps in the Cannabis Industry

Gaps can create frightening situations; our experts know how to ask the right questions to keep your clients covered.

Legalization
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The Legalization of Cannabis

The state-to-state regulations bring complexity that a generalist can't provide. Jencap's experts bring the nuanced coverages your clients need.

Industry 2020
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How the Industry was Effected in 2020

From growing social acceptance to dispensaries being categorized as essential businesses, 2020 dished up coverage curveballs.

Cannabis Coverage Resources

Download our full program flyer for recently written accounts, industry trends, knowledge checks, and more.

Don’t See What You’re Looking For?

Chances are ... we cover that, too. Jencap’s friendly experts are here to answer any questions you may have.

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Industry Insights

Up in Smoke: Insuring Cannabis-Related Businesses

Up in Smoke: Insuring Cannabis-Related Businesses

The sale of legal cannabis is projected to reach $20 billion within three years. With 33 states passing laws to legalize medical cannabis and 11 allowing recreational marijuana, the insurance industry is beginning to take notice.

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How To Cultivate Your Budding Cannabis Clients

How To Cultivate Your Budding Cannabis Clients

It’s challenging to keep up with the ever-evolving commercial insurance needs of the cannabis industry. Laws are changing – new business types and applications are entering the marketplace – classifications have blurry lines – and insurance coverage needs are a moving target.

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Workers’ Compensation Cannabis Class Code Roulette

Workers’ Compensation Cannabis Class Code Roulette

Determining the proper classification for cannabis businesses is not one you want to take a gamble on.  If you bet on a specific class code and it isn’t accurate, your client could suffer significant premium penalties at the time of an audit or worse – costly coverage gaps.

read more