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Alternative Risk Strategies launches new cannabis captive solution
17 June 2021
Florida Reporter Maria Ward-Brennan

Alternative Risk Strategies has launched a new insurance solution for the cannabis industry that is specifically designed to meet the insurance challenges cannabis, hemp and CBD businesses face

BCC: Rise in cannabis companies looking at captive programmes
15 June 2021
Bermuda Reporter Maria Ward-Brennan

There is ‘significant interest’ in cannabis companies looking for alternative ways to deal with insurance problems, and captives are a great way for them to look at solving that challenge, according to Patrick Ferguson of Marsh Canada

NCRMA endorses captive-based model for cannabis industry
21 April 2021
Pennsylvania Reporter Maria Ward-Brennan

The National Cannabis Risk Management Association endorses a suite of insurance products designed to serve the needs of its members and the overall cannabis industry

Saint Joseph’s University students crowned as CICA Essay Contest winners
31 March 2021
Minneapolis Reporter Becky Bellamy

Juniors Ashley Martin and Maxwell Bernstein proposed a group captive as a solution to provide insurance coverage for 30,000 college student housing rentals across the US

WCF: growth for cannabis captives
02 March 2021
Flordia Reporter Maria Ward-Brennan

“The stars are aligned for cannabis in captives now”, according to Ross Ellick, equity partner at Wilson, Elser, Moskowitz, Edelman & Dicker

CICA reveals essay contest finalist teams
25 February 2021
Minneapolis Reporter Becky Bellamy

The Captive Insurance Companies Association has named the three finalist teams in its essay contest for college risk management and insurance students, which is sponsored by Strategic Risk Solutions

National Cannabis Risk Management Association launches first of several new insurance products
04 December 2020
US Reporter Maria Ward-Brennan

The National Cannabis Risk Management Association (NCRMA) has launched the first of several insurance products designed to normalise insurance availability and coverage all along with the cannabis vertical

CICA reveals student essay contest topics
30 September 2020
Minneapolis Reporter Becky Bellamy

CICA has selected college student housing, classic auto sales and collision centres and State Dental Association as the case study topics for the 2020 to 2021 essay contest for college insurance and risk management students

Features
Full feature search for "Cannabis"
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An emerging solution

The past few years have seen eye-watering rates for companies seeking D&O liability insurance. Barney Dixon looks at the solutions that emerged to solve this issue and whether or not captives are a suitable alternative to traditional Side A coverage as rates return to normal

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A conference of collaboration

The NCCIA’s annual conference held in Asheville, North Carolina showcased more than 40 speakers representing the best of the global captive insurance industry

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Ready to roll

As a key emerging market tapped by captives, how does the cannabis industry address risk and insurance in the face of misconceptions and a challenging federal mandate in the US?

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Time to regroup

Bill Hodson of Gulfstream Risk Advisors, Derrick White of SRS, and Chris Payne of CLIC RRG talk to Rebecca Delaney about the advantages and challenges in using an RRG, as well as how members can ensure stability

Interviews
Full interview search for "Cannabis"
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Joseph McDonald
South Carolina Department of Insurance

Joseph McDonald, director of captive insurance at South Carolina Department of Insurance, talks to John Savage about his first year in the role and his predictions for the US captive landscape

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Kim Wiley
ASW Law

With a rise in cannabis businesses looking to captive insurance programmes, Kim Wiley, senior counsel at ASW Law, discusses the reasons behind the interest and some of the challenges that remain

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Leslie Robinson
Bermuda Captive Conference

With the Bermuda Captive Conference due to take place virtually again this year, the event chair Leslie Robinson discusses what’s on the agenda this year and the current captive climate in Bermuda

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Denise Kelly
Pentacle Data

Denise Kelly of Pentacle Data talks about her new ready-to-use insurance platform and highlights why it is important captives continue to innovate to meet client needs

Country profiles
Full country profile search for "Cannabis"
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Bermuda

Members of Bermuda’s captive industry talk to Rebecca Delaney about the island’s promising captive market bolstered by, among other factors, emerging structures and economic substance requirements

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Barbados

Kirk Cyrus of SRS Barbados, Darren Treasure of London & Capital, and Gregory Smith of Deloitte discuss current market conditions in the captive industry of Barbados, and the landscape of emerging risks

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Utah

Travis Wegkamp of Utah Insurance Department explains that the state is seeing larger companies move to the state with more robust risk management programmes, higher premium volume, and a long-term outlook for the use of their captive

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Bermuda

As a leader in the captive industry, Bermuda continued to see a year-on-year increase to its captive figures in 2019. Industry experts discuss current market trends, regulation and what to expect for this year

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