Conifer & Palomar Debut Cannabis Insurance

Introduction:

Conifer Holdings, Inc., a specialty insurance holding company, has entered into a strategic partnership with Palomar Holdings, Inc. This collaboration aims to provide specialized insurance coverage specifically tailored for the cannabis industry.

Insurance Providers:

The coverage will be facilitated through Palomar Specialty Insurance Company (PSIC) and Palomar Excess and Surplus Insurance Company (PESIC). Both entities hold an “A-” (Excellent) financial strength rating from A.M. Best, ensuring reliability and stability.

CEO Statement:

Nick Petcoff, CEO of Conifer, expresses enthusiasm about the partnership, emphasizing the importance of comprehensive insurance coverage for cannabis businesses in today’s dynamic market.

Commitment to Innovation:

Petcoff highlights the joint commitment to delivering innovative solutions and unparalleled service to meet the evolving needs of the cannabis industry.

Addressing Industry Demands:

The partnership responds to the increasing demand for specialized insurance solutions within the cannabis sector. It signifies a significant step forward in addressing the unique risks faced by cannabis entrepreneurs and cultivators.

Safeguarding Cannabis Businesses:

By combining their expertise, resources, and extensive networks, Conifer and Palomar aim to provide unparalleled coverage options tailored to safeguard cannabis businesses throughout their operations.