CannGenPRO – Management Liability

Product Highlights

• Private Company D&O and EPL
• Market leading modular forms designed specifically for cannabis, CBD
  & hemp clients
• Risk management services for CannGenPRO policyholders
• D&O:
• Full Side ABC coverage
• Broad cannabis regulatory coverage
• EPL:
• Third party liability included
• Wage & Hour defense sub-limit by endorsement

Approved Classifications

• Cultivators
• Processors / Harvesters
• Manufacturers / Extractors
• Wholesale Distributors
• Transporters
• Dispensaries
• Retailers
• Non-Storefront Delivery
• Ancillary Businesses

Coverage Options

• Primary coverage
• Limits Up to $5M aggregate
• Separate or combined D&O/EPL
• Duty to defend form with deductible
• Duty to indemnify form with self-insured retention
• Prior acts coverage available
• No Controlled Substance Act exclusions
• Side A carve-backs for certain exclusions
• Manuscript endorsement options by referral

Appetite / Eligibility Criteria

• Business is domiciled and operates exclusively in legal cannabis, CBD & hemp states
• Start Ups / New Ventures acceptable
• Capital / Funding raises
• 51% or more of total revenue must derive from cannabis, CBD & hemp
• All classes including ancillary service providers
• Asset sizes up to $500M
• Employee count up to 250

Ineligible Risks

• Public companies
• Assets greater than $500M (referral only)
• Employee Count greater than 250 (referral only)
• Non-US/CAN domiciled risks

Directors & Officers / Employment Practices Liability Submission Requirements – Email submissions to canngenpro@canngenins.com

• CannGenPRO Application
• Audited financials (if available); or 12 month balance sheet and income statement
• List of board members and management team
• Capitalization table
• Business plan/pitch deck (if start up)
• Loss runs (currently dated)

CannGenPRO – Management Liability Flyer

For our exclusive Risk Management information and tips provided to CannGenPRO Insureds: