The Next Frontier for Cannabis Kevin Lea Interview

The Next Frontier for Cannabis

Author: Insurance Business Canada IBC: How have you seen the insurance market for cannabis risks evolve since recreational use was legalized? Kevin Lea: The market for cannabis insurance in Canada has been slowly evolving since legalization. We’ve seen the continued strength of the MGAs and other wholesalers generally dominating the sector, similar to the way it…

Industry Spotlight: Manufacturing Insurance in Canada

Industry Spotlight: Manufacturing Insurance in Canada

Manufacturing is one of Canada’s most important sectors. Between sophisticated machinery, new regulations, and system interconnectivity, the industry has seen innovative changes in recent years. Often the equipment used by manufacturing companies relies heavily on computers. As more manufacturers move towards business-wide connected software systems, the need for high-quality insurance and risk management expertise increases.…

Cannabis Companies Face Cross-border Exposures if They Want to Grow

Cannabis Companies Face Cross-border Exposures if They Want to Grow

Canadian cannabis companies should be thinking strategically about future expansion into some of the larger markets, such as Europe and the United States. Although doing so won’t come without insurance implications.  “We are certainly seeing some complexities there. Some of our clients and other companies within the industry are looking to do cross-border operations,” said…