Chicago, Illinois-based Hub Worldwide Restricted is launching Hub Hashish Dispensary Insurance coverage, accessible by means of HUB’s digital industrial insurance coverage platform.
The announcement marks HUB’s ongoing effort to increase its digital product portfolio for small companies, in addition to Hubs’s ongoing collaboration with MGAs, wholesalers and carriers who need to convey their merchandise to market in a digital setting.
“By means of HUB Hashish Dispensary Insurance coverage, dispensaries can now simply and shortly get quotes and purchase on-line insurance coverage protection to guard them, keep forward of the quickly altering trade’s dangers and provides them confidence within the protection to make sure their property and merchandise are effectively protected,” mentioned Jay Virdi, Chief Gross sales Officer of HUB Hashish Follow. ”
HUB Hashish Dispensary Insurance coverage gives the next coverages:
- Normal legal responsibility: Protection for bodily accidents and property injury claims.
- Product legal responsibility: Protection for authorized bills related to claims {that a} product bought, made or distributed induced an harm or property injury.
- Industrial property: Protection for the constructing and its contents, together with owned or leased gear, and outside fixtures, akin to fences and indicators — are broken or destroyed, theft of merchandise or vandalism.
HUB Hashish Dispensary Insurance coverage is powered by Insureon, HUB’s market for on-line supply of small enterprise insurance coverage, and is underwritten by SafeHerb, an MGA, that gives complete property/casualty safety for these concerned from seed-to-sale within the hashish and hemp industries. Insureon was acquired by HUB Worldwide in early 2022.
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