{"id":852818,"date":"2025-05-20T09:06:02","date_gmt":"2025-05-20T13:06:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/conifer-insurance-services-strengthens-cannabis-industry-commitment-with-launch-of-cannabis-select-program\/"},"modified":"2025-05-20T09:06:02","modified_gmt":"2025-05-20T13:06:02","slug":"conifer-insurance-services-strengthens-cannabis-industry-commitment-with-launch-of-cannabis-select-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/conifer-insurance-services-strengthens-cannabis-industry-commitment-with-launch-of-cannabis-select-program\/","title":{"rendered":"Conifer Insurance Services Strengthens Cannabis Industry Commitment with Launch of Cannabis Select Program"},"content":{"rendered":"
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TROY, Mich., May 20, 2025 (GLOBE NEWSWIRE) — Conifer Insurance Services (\u201cConifer\u201d), a pioneer in cannabis insurance solutions, in partnership with Skyward Specialty Insurance Group\u2122\u00a0(\u201cSkyward Specialty\u201d), a leader in the specialty property and casualty market, announced the launch of its new Cannabis Select program, a high-capacity insurance solution built for the evolving needs of multi-state operators (MSOs) and larger cannabis businesses nationwide. Designed to complement Conifer\u2019s long-standing Cannabis Essentials program, Cannabis Select offers elevated coverage limits, expanded property protection, and advanced risk management solutions to support the industry’s continued growth.<\/p>\n

Conifer has served the cannabis industry for over a decade, standing apart through its commitment to responsive service, speed to market, and experience in underwriting. Since Bishop Street Underwriters\u2019 acquisition of Conifer Insurance Services in 2024, significant investments have been made in underwriting talent and AI-driven insights to scale solutions for agency partners and cannabis businesses at every stage of growth.<\/p>\n

\u201cAs the cannabis industry matures, our agency partners have consistently shared the need for higher limits and greater capacity,\u201d said Nick Petcoff, CEO of Conifer Insurance Services. \u201cCannabis Select is a direct response to that need, building on our long track record of success while maintaining the service-first, flexible approach that has always defined Conifer.\u201d<\/p>\n

Skyward Specialty President, Captives & Specialty Programs Corey LaFlamme commented, \u201cThe partnership with Conifer is a powerful example of Skyward Specialty\u2019s \u201crule our niche\u201d strategy in action, where we provide high-impact, tailored solutions to highly niche markets.\u201d<\/p>\n

The addition of the Cannabis Select program expands the breadth of cannabis offerings Conifer provides this market. Its existing Cannabis Essentials program remains a trusted solution for businesses earlier in their journey, delivering affordable, accessible coverage to dispensaries, smaller grows and localized operations. The new Cannabis Select program offers high-limit, specialty coverage for retail dispensaries, cultivators and manufacturers operating at scale.<\/p>\n

Conifer now provides two tailored program options:<\/p>\n\n\n\n\n\n\n\n\n\n
\n Feature<\/strong>\n <\/td>\n\n Cannabis Essentials<\/strong>\n <\/td>\n\n Cannabis Select<\/strong>\n <\/td>\n<\/tr>\n
Ideal For<\/p>\n<\/td>\nSmall-to-midsize growers, dispensaries, etc.<\/td>\nMulti-State Operators, large cultivators, manufacturers<\/td>\n<\/tr>\n
Focus<\/p>\n<\/td>\nAffordability, scalability, accessibility<\/td>\nHigh limits, sophisticated risk management<\/td>\n<\/tr>\n
Coverage Limits<\/p>\n<\/td>\nUp to $5M Property, $1M\/$2M GL & Product Liability<\/td>\nUp to $25M Property, $5M\/$5M GL & Product Liability<\/td>\n<\/tr>\n
Carrier Rating<\/p>\n<\/td>\nAM Best A-X (Excellent)<\/td>\nAM Best A-X (Excellent)<\/td>\n<\/tr>\n
Program Type<\/p>\n<\/td>\nAdmitted and Non-Admitted (state dependent)<\/td>\nNon-Admitted<\/td>\n<\/tr>\n
Availability<\/p>\n<\/td>\nNationwide (where legal)<\/td>\nNationwide (where legal)<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n Leadership with Deep Expertise<\/strong>\n <\/p>\n

The expansion of Conifer\u2019s cannabis practice is being led by Kathleen Brown-Hurtado, president of Cannabis Specialty Programs, who brings extensive leadership experience and strategic vision to the team. Kathleen is joined by Jason Scheurle, vice president of Cannabis Specialty Programs, adding further industry expertise to support program growth and agency partner success.<\/p>\n

\u201cAs cannabis businesses scale, their insurance needs grow more complex.\u201d said Brown-Hurtado, \u201cCannabis Select delivers the higher limits and specialized protections larger operations demand, while Cannabis Essentials ensures we remain the go-to partner for startups and growth-stage businesses alike.\u201d<\/em><\/p>\n

To learn more about the Cannabis Select and Cannabis Essentials programs, or to get appointed with Conifer, visit coniferinsurance.com\/cannabis or contact our experts:<\/p>\n