Conifer Holdings, Inc., a specialty insurance holding company, has announced its partnership with Palomar Holdings, Inc., to provide specialised insurance coverage tailored for the cannabis industry.
This coverage will be provided through Palomar Specialty Insurance Company (PSIC) and Palomar Excess and Surplus Insurance Company (PESIC), both of which hold an “A-” (Excellent) financial strength rating from A.M. Best.
Nick Petcoff, CEO of Conifer, comments, “We are excited to join forces with Palomar to provide cannabis businesses with the comprehensive insurance coverage they need to thrive in today’s dynamic market.”
“Together, we are committed to delivering innovative solutions and unparalleled service to meet the evolving needs of the cannabis industry,” Petcoff adds.
Given the rapidly changing landscape of the cannabis industry, there is a growing demand for specialised insurance solutions. Therefore, this partnership marks a significant advancement in addressing the unique risks faced by cannabis entrepreneurs and cultivators.
By leveraging their combined expertise, resources, and extensive networks, Conifer is well-positioned to offer unparalleled coverage options tailored to safeguard cannabis businesses throughout their operations.
