Wynward Insurance Group has entered into an exclusive partnership with MGA Next Wave Insurance Canada on a new cannabis insurance product, bringing a comprehensive coverage offering in this growing industry.

  • Next Wave is entering the Canadian market after building significant expertise and market share in the United States
  • Providing you with peace of mind given Wynward’s AM Best Financial Strength rating of A (Excellent) and a program backed by a global reinsurer with an A+ Financial Strength rating
  • Target classes include cultivators, processors, manufacturers, dispensaries, retail operations, wholesalers and laboratories, among others
  • Loss control expertise provided by Wynward

Coverage Features:

  • Property limits up to $70M on IBC standard wordings
  • Builders Risk and Wrap-Up Liability for new facilities
  • Equipment Breakdown coverage, including Spoilage
  • Commercial General Liability (Occurrence Form) up to $15M
  • Products Liability (Claims Made Form) up to $15M
  • Product Recall limits up to $15M
  • Custom designed wordings to provide important coverage features for this industry

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Next wave Insurance Canada

Kelli Hunt
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Phone: 1-437-226-3499