Cannasure Insurance Services, a subsidiary of One80 Intermediaries

Specialist cannabis and hemp MGA providing comprehensive coverage for the legal cannabis industry since 2010

Specialty Solutions Established

Overview

Cannasure Insurance Services is a full-service wholesale broker and Managing General Agent (MGA) created exclusively to serve the cannabis and hemp industry. Founded in 2010 by Patrick McManamon after he identified a significant gap in qualified insurance expertise for cannabis businesses, Cannasure became a pioneer in providing comprehensive, affordable coverage for legal cannabis operations across the United States.

In February 2021, One80 Intermediaries -- a portfolio company of Risk Strategies, backed by Kelso & Company private equity -- acquired Cannasure, expanding One80's cannabis and hemp practice nationally. Cannasure continues to operate under its own brand as a subsidiary of One80, maintaining its specialized team and exclusive focus on the cannabis sector.

Cannasure serves all segments of the cannabis supply chain: cultivators, dispensaries, extractors, processors, infused product manufacturers, testing laboratories, landlords leasing to cannabis tenants, and ancillary businesses supporting the industry.

Products & Services

Cannabis and Hemp Package Program

Cannasure's flagship comprehensive multi-line program combining property, general liability, product liability, and crop coverage tailored for cannabis and hemp businesses.

Key Features

Property: buildings, inventory, equipment, and cannabis crops
General Liability: bodily injury, property damage, and advertising injury
Product Liability: claims arising from cannabis products sold to consumers
Crop Insurance: loss of cannabis and hemp crops

Target Users: Cannabis cultivators, dispensaries, processors, and ancillary businesses

Distribution: Wholesale broker and appointed retail agents

Parametric Outdoor Crop Insurance

Parametric coverage for outdoor cannabis cultivation risk introduced in 2024. Provides predefined payouts based on measurable weather or environmental triggers, reducing claims complexity for outdoor growers.

Target Users: Outdoor cannabis cultivators

Workers Compensation

Expanded cannabis-specific workers compensation program launched July 2024, providing employee injury coverage for cannabis operations nationwide.

Target Users: Cannabis employers across the supply chain

Additional Specialty Lines

Key Features

Commercial Auto: Coverage for business vehicles used in cannabis operations
Management Liability / D&O: Directors and officers coverage for cannabis companies
Withdrawal Expense: Specialty coverage for product recall scenarios
Property in Transit: Coverage for cannabis product in transport