SafeHerb, a division of Specialty Program Group, LLC, is introducing a new executive protection insurance program for the cannabis and hemp industry as an expansion to their current property and casualty capacity to meet the growing needs of their customers.
SafeHerb's new program will include Directors & Officers Liability, Employment Practices Liability, Fiduciary Liability, and Crime for privately held cannabis and hemp companies. The coverage is produced and underwritten utilizing Obsidian Specialty Insurance Company, a specialty carrier that carries an "A-" (Excellent) A.M. Best rating.
"This is an excellent addition to our property and casualty program, where we also have more than doubled our liability and property capacity available to our exclusive network of producers," says Kramer Hendricks, CIC, CPL, Vice President of SafeHerb.
William Jewett, CEO of Obsidian, stated, "We are proud to partner with SafeHerb on this exciting new product offering to meet a growing market need."
SafeHerb coverage is available in all 50 states, plus Washington, D.C., through the Company's exclusive network of agents backed by the security of Obsidian.
For more information:
SafeHerb
www.safeherb.com