After hearing from several brokers asking for help with very specific cannabis insurance and licensing-related problems, the MGA designed tailored solutions for the wide variety of businesses in the cannabis sector, including cultivators, third party processors, micro-growers, cannabis-related product manufacturers, wholesalers, distributors, laboratories and research, medical cannabis sector and ancillary industries like CBD oil manufacturers.

The cannabis industry has taken a big hit over the last few months and hasn’t been the great nirvana everybody thought it would be, even for a lot of big commercial producers,” said Gary Hirst, President and CEO of CHES Special Risk. “We are particularly well-positioned to help cannabis producers and those involved in other aspects of the industry with their insurance needs and licensing compliance.”

In Ontario, for example, the cannabis-licensing process is very particular regarding product recall and liability insurance. The authorities are tough and require a minimum $15 million product recall limit. CHES Special Risk has focused in on that area and is able to help cannabis-related companies get their business off the ground.

CHES Special Risk has homed in on solutions for smaller, micro-producers and other niche areas of the cannabis sector.

That part of the industry is still strong and producing a better product in certain respects,” Hirst said. “That is something we are focused on and our solutions also complement and reinforce our medical malpractice and life sciences business.”

The hard market at the start of the year, compounded by the onslaught of the Covid-19 pandemic, has directed a lot of business to the MGA space — and the cannabis sector is no exception.

We found there is restriction in market capacity available for the cannabis sector and we are excited to come out with a liability and product recall product,” Hirst said. “Our technology and software is up to date and agile, enabling us to offer the same level of service now as we were before the pandemic.”

To find out more about our tailored cannabis products and how a CHES Special Risk policy can better respond to your client’s needs, please speak to your CHES underwriter or email us at