Cultivating Equipment
Processing Equipment
Business Systems & Services
Best
Cannabis Insurance Companies
|
Rank |
Company Name |
Year |
Revenue |
Fulltime |
Active |
Pricing |
Coverage Options 
|
Communication
|
Reimbursement
|
Documentation
|
Timeliness
|
Overall Score 0100GVGE |
Change in Rank |
Key Facts For National Cannabis Insurance Services
-
- Major Clients:
- Confidential
-
- Year Founded:
- 2018
-
- Fulltime Employees:
- 0-10
-
- Active Clients:
- 100+
-
- Revenue:
- $5M+
-
- Pricing:
- H
-
- Website:
- ntlcannabis.com
Positive0%
Negative0%
Neutral0%
Key Facts For Founder Shield
-
- Major Clients:
- Confidential
-
- Year Founded:
- 2012
-
- Fulltime Employees:
- 1 - 10
-
- Active Clients:
- 100+
-
- Revenue:
- Est. $1 million
-
- Pricing:
- H
-
- Website:
- foundershield.com
Key Facts For Insurance West
-
- Major Clients:
- Confidential
-
- Year Founded:
- 1964
-
- Fulltime Employees:
- 0-10
-
- Active Clients:
- 25+
-
- Revenue:
- $250k-$1M
-
- Pricing:
- M
-
- Website:
- insuranceforcannabis.com
Key Facts For Cover Cannabis
-
- Major Clients:
- Confidential
-
- Year Founded:
- 2007
-
- Fulltime Employees:
- 10+
-
- Active Clients:
- 25+
-
- Revenue:
- $1M-$3M
-
- Pricing:
- M
-
- Website:
- covercannabis.com
Key Facts For Cannasure
-
- Major Clients:
- Confidential
-
- Year Founded:
- 2010
-
- Fulltime Employees:
- 1 - 10
-
- Active Clients:
- 100+
-
- Revenue:
- Est. $1 million
-
- Pricing:
- H
-
- Website:
- cannasure.com
Key Facts For Burns and Wilcox
-
- Major Clients:
- Confidential
-
- Year Founded:
- 1969
-
- Fulltime Employees:
- 2,500 - 5,000
-
- Active Clients:
- 100+
-
- Revenue:
- $250 million - $500 million
-
- Pricing:
- H
-
- Website:
- burnsandwilcox.com
Key Facts For S2S Insurance Specialists
-
- Major Clients:
- N/A I do not disclose my client portfolio.
-
- Year Founded:
- 2017
-
- Fulltime Employees:
- 0-10
-
- Active Clients:
- 25+
-
- Revenue:
- $1M-$3M
-
- Pricing:
- M
-
- Website:
- s2sinsure.com
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Key Facts For Admiral Insurance Group
-
- Major Clients:
- Confidential
-
- Year Founded:
- 1973
-
- Fulltime Employees:
- 250 - 500
-
- Active Clients:
- 100+
-
- Revenue:
- $10 million - $50 million
-
- Pricing:
- H
-
- Website:
- admiralins.com
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Negative0%
Neutral0%
Key Facts For MMD Insurance
-
- Major Clients:
- Confidential
-
- Year Founded:
- 2013
-
- Fulltime Employees:
- 50+
-
- Active Clients:
- 100+
-
- Revenue:
- $5M+
-
- Pricing:
- H
-
- Website:
- mmdinsurance.com
Positive0%
Negative0%
Neutral0%
Key Facts For MHP Group
-
- Major Clients:
- Confidential
-
- Year Founded:
- 2000
-
- Fulltime Employees:
- 0-10
-
- Active Clients:
- 25+
-
- Revenue:
- $250k-$1M
-
- Pricing:
- M
-
- Website:
- themhpgroup.com
Positive0%
Negative0%
Neutral0%
Evaluation Criteria:
Coverage Options
Vendor should be able to offer a variety of coverage options based on the needs of the specific merchant. Offering a level of flexibility ensures that their plan will offer them the coverage they need based on risk factors specific to their operation and the market they are competing within.
Communication
The way vendors communicate with their customers, their ability to effectively communicate, and how they resolve customer issues is also taken into consideration. Vendors should be able to accurately identify a customer's issue and take steps to resolve it while communicating the selected action.
Reimbursement
When an incident occurs that falls under the insurance policy, it's important for the insurance company to be able to properly reimburse the client and ensure that all of the proper documentation is being followed. Extra precautions should be taken to ensure that the reimbursement is done legally.
Documentation
Vendors should offer proper documentation for the services they provide to ensure the customer will understand, in plain English, their coverage and how they can make a claim. The documentation should be truthful, accurate, and timely as the coverage or offering changes.
Timeliness
Insurance companies that drag out communications or fail to respond in a timely manner can negatively affect their clients. We recommend insurance companies that treasure their customer base and response to them in a timely manner with a complete and accurate response.
