About Cannabis Cover 2019
With rapid expansion of commercial cannabis underway and the industry continuing to boom, the country faces new possibilities and growth that brings complex insurance demands and risk mitigation concerns.
Cannabis Cover 2019 will unite key perspectives on state regulation, product liability risks, policy needs and how these forces combine to shape the insurance market taking shape around cannabis.
Speakers
Agenda
8:00 am REGISTRATION AND NETWORKING BREAKFAST
9:00 am GROWING FORWARD: NEW REGULATION OF MARKET EXPANSION
Updated regulation on the expanding commercial cannabis market have redefined the risk and insurance landscape surrounding it. This expert legal session will overview key regulatory considerations for the rapidly growing cannabis market across the country and beyond.
What new regulations in 2019 are most impacting the expansion of the cannabis market?
How is the insurance market evolving under new laws to support industry development?
In what ways are legislators and insurance commissions taking action to promote best-practices despite federal illegality?
Dean Rocco, Partner, Wilson Elser
Ian Stewart, Partner, Wilson Elser
10:00 am SPECIALIZED RISK AND COVERAGE
From seed to point of sale and beyond, cannabis presents unique risks and exposures. This panel discussion will provide an overview of specialized exposures and explore insurance solutions best-suited to protecting your clients from costly losses associated with cannabis.
How can clients be protected against specialized risks like products, vendor and on-site consumption liabilities?
What solutions are available for transactional risks as businesses exchange, merge and expand around cannabis?
In what ways are D & O and E & O policies evolving to address the managerial risks of the industry?
Hunter Garth, Managing Director, General Cannabis
Daniel Garcia, Broker Advisor, Vantreo Insurance
Eduardo Provencio, General Counsel, Mary's Medicinals
Susan Etter, Vice President, Underwriting
11:00 am REFRESHMENT BREAK
Network with key innovators and industry partners
11:30 am HANDLING CANNABIS RELATED CLAIMS
An expert panel will discuss claims trends among the cannabis market, and will highlight policy pitfalls that can lead to claims disasters. Avoid costly losses before a claim occurs with this timely session.
What trends in cannabis loss claims are indicated by current data?
How does policy language interact with claims and losses?
In what ways can insurance professionals avoid claims pitfalls and losses before an exposure is triggered?
Jason Horst, Principal, Horst Legal Counsel
Dean Rocco, Partner, Wilson Elser
12:30 pm LUNCH
1:30 pm BEYOND BUD: HEMP, ITS APPLICATIONS AND COVERAGE NEEDS
Hemp has garnered new interest for its versatile industrial and medicinal applications. A derivation of the federally illegal cannabis plant, hemp and its products are subject to different regulations and demand specific coverage. This panel of experts will explore the current status of hemp, its unique risks and coverage opportunities.
How is hemp developing commercially, and how does this relate to cannabis?
In what ways are CBDs and hemp-derived product being addressed by the insurance market?
What are the specific exposures of hemp products and how can insurance professionals support the market?
Camille Dixon, Statewide program manager and cannabis insurance external affairs director, California Department of Insurance
Dede Abalos, Broker, MJ Hall
Shay Gilmore, Attorney, Shay Gilmore Law
2:30 pm REFRESHMENT BREAK
3:00 pm UNDERSTANDING THE CURRENT MARKET AND FUTURE OPPORTUNITIES
The insurance appetite around cannabis has led to what many characterize as tight marketplace. This session will overview the current carrier approach to cannabis, what innovations are filling gaps of coverage and how insurance professionals can best serve their clients no matter the market conditions.
How can the market and available insurance products be characterized and what is the cause for the current conditions?
What solutions are currently available to address gaps in coverage for cannabis clients?
What shifts in the coming years would make the biggest impact on the insurance marketplace?
Greg Fanoe, Consulting Actuary, Merlinos & Associates
Kevin Maher, Senior Underwriter, Canopius Group
Norman Ives, Broker, Cannabis Specialist – NutraRisk, Worldwide Facilities
Josh LaRiccia, Assistant Vice President, Workers Compensation Division, Atlas General Insurance Services, LLC
3:50 pm END OF MASTERCLASS
