Cannabis Coverage from Seed to Sale

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

Next wave Insurance Canada

Kelli Hunt
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Phone: 1-437-226-3499