CLIC Risk Retention Group, LLC
CLIC Risk Retention Group, LLC
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    • Home
    • ABOUT
    • Products
    • FAQs
    • Management
    • Contact
    • Partners
    • News

  • Home
  • ABOUT
  • Products
  • FAQs
  • Management
  • Contact
  • Partners
  • News

About Us

Why We Exist

  • 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. 

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