Cannabis licensees have to deal with a volatile and expensive insurance marketplace.
Very few insurance companies offer coverage; none is a specialist committed to the cannabis industry; and none is owned by the policyholders.
Other insurers have entered, then left the market; premiums are high, and the coverage on offer is restrictive and packed with exclusions.
The cannabis industry has become a professional business led by experienced executives who want it to be a safe, responsible and well-regulated industry.
These buyers need high-quality liability insurance to protect valuable consumer brands.
Our Values
CLIC RRG is managed in a way that ensures financial security and creates long-term value for the owner-insureds of the company.
CLIC RRG will be a stable, at cost market that offers fair pricing over time.
CLIC RRG will aggressively defend good industry practices against meritless claims and lawsuits.
CLIC RRG will only insure those policyholders that are committed to the highest standards of safety and have the best loss experience.
CLIC RRG will return profits to owner-insureds in the form of dividends. As approved by the Division of Insurance, shareholders will receive dividends in proportion to their capital contributions.