Berkley Crime Expands Its’ Appetite to Include Cannabis Business

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Berkley Crime has expanded its’ appetite to include cannabis businesses up and down the vertical spectrum. As a focused leader in the Fidelity/Crime market, we’re bringing our experienced underwriters and claims staff to an under-served industry within the crime market. Please see below to learn more about the Crime insurance product for the cannabis industry and contact one of our Trusted Experts listed below to discuss opportunities.

Cannabis Industry Crime Insurance

Close up of hand holding a cannabis leaf
Cannabis Industry Crime Insurance

Comprehensive Crime Insurance for the Cannabis Industry

Berkley Crime is proud to introduce a Crime insurance product for the cannabis industry. This emerging market has been under-served by Crime insurance carriers until now. Approximately 90% of financial loss in the cannabis industry can be attributed to employee theft. As a result, Berkley Crime is offering this comprehensive admitted insurance product to many segments within the cannabis industry. Our underwriting expertise, superior customer service capabilities and integrated claims professionals are unmatched in the market.

Berkley Crime’s offering provides coverage for a wide variety of Crime related losses unique to the cannabis industry. Obtaining coverage has never been easier or more convenient. When you contact Berkley Crime, we will partner you with one of our experienced Crime underwriters who will explain our comprehensive Crime coverages for the various exposures associated with this emerging market. Should a loss occur, our dedicated claims specialists will take care of you quickly and fairly.

Target Industries

  • Recreational and Medical Dispensaries
  • Distributors
  • Manufacturers
  • Growers

Admitted Product
  • Our Crime product is admitted in all states that have legalized cannabis

Comprehensive Coverage

(subject to underwriting)

  • Employee Theft
  • Forgery or Alteration
  • Inside the Premises – Theft of Money and Securities
  • Inside the Premises – Robbery or Safe Burglary of Other Property
  • Outside the Premises
  • Computer and Funds Transfer
  • Money Orders and Counterfeit Money

Make Sure Your Clients Take a Proactive Approach To Protecting Their Business Should a Loss Occur

Berkley Crime is focused exclusively on providing a broad range of
crime-related insurance products, now including a Crime product for the cannabis industry.

Our team of respected industry professionals, with its unique, specialized experience, has in-depth product knowledge in each of our target markets. We combine underwriting and claims expertise with outstanding personalized service to develop and provide the most creative solutions for customers with crime exposures.

Sincerely,
Michael Beranek
Berkley Crime

Experts focused on your protection.We deliver.

National Practice Leader
Michael Beranek
(501) 707-6548
[email protected]

Mid-West Regional Manager
Thomas Trieloff
(312) 705-1132
[email protected]

East Regional Manager
Matt McNamara
(212) 497-3707
[email protected]

Amanda VanCauwenberge
(312) 730-1101
[email protected]com

Patricia Logan
(212) 497-3708
[email protected]

Everton Barrington, FLMI
(860) 466-7376
[email protected]

Cheryl Yorio
(860) 466-7379
[email protected]

West Regional Manager
Jennifer Maggi
(213) 417-5467
[email protected]

Alexander Doerflein
(212) 497-3724
[email protected]

Catherine Vilandre
(860) 466-7375
[email protected]

Adam Pardi
(212) 497-3704
[email protected]

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