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 Logo
Next wave Insurance Canada

Andrew Leiper, CRM, FCIP • Senior Vice President, Marketing
This email address is being protected from spambots. You need JavaScript enabled to view it.
Phone: 1-437-225-5746