AAIS Cannabis Program
Budding Businesses, Growing Support
An increasing number of states are legalizing the use of medicinal and recreational cannabis, creating the opportunity for new business ventures and the need for reliable insurance coverage as the industry expands and matures.
At AAIS, we’re leading the way in cannabis coverage. In 2018, we introduced CannaBOP, the nation’s first standardized insurance program specifically designed for commercial cannabis exposures. The program has since evolved into something much bigger as it continues to grow with new endorsements and expansions into new states. Now approved in California, Colorado, and Nevada, CannaBOP will soon be available nationally.
CannaBOP - Map
CannaBOP - Featured Section
Protecting Cannabis Business
AAIS’s CannaBOP program focuses on risks for dispensaries, storage facilities, distributors, processors, manufacturers, and private cannabis testing facilities and laboratories located within the coverage territory.
AAIS is continuously updating CannaBOP to better fit the needs of this emerging industry. In the near future, the AAIS team plans to add a defense-within-limits option, indoor cultivation coverage, and special events coverage to supplement the initial CannaBOP offering. AAIS is also updating CannaBOP’s manual and loss costs to modernize the program’s components and respond to market advancements.Learn more about what CannaBOP can do for you.
CannaBOP - News & Resources
Can You CannaBOP? (Download)
CannaBOP - Bios
Product Manager of Commercial Lines
Joe is an experienced P&C leader with 18 years of experience in the insurance industry. With a focus on P&C risk management and product development, Joe has worked in traditional consulting practices, insurtech and carrier operations. As AAIS’s Commercial Lines Product Manager, he is responsible for modernizing forms, manual rules, and rating information in the standard commercial property, casualty and niche specialty markets. Joe also oversees AAIS’s first-in-market cannabis insurance program, which includes the CannaBOP businessowner’s policy, now approved in California, Colorado and Nevada.
Phil Skaggs is Assistant Counsel at AAIS focusing on insurance coverage analysis, compliance, policy drafting, contract preparation, and emerging risk assessment. Phil also specializes in cannabis business exposures, staying current with ever-changing regulations, market trends, and insurance developments. He is both the architect of the Cannabis Businessowners Policy (CannaBOP) and project lead for all standardized cannabis coverage provisions and exclusions. Prior to joining AAIS, Phil worked as an insurance coverage and commercial litigation attorney at a national law firm and a law clerk at the Cook County Circuit Court in Chicago.
Mark Brannon, FCAS, MCAAA, CPCU
Merlinos & Associates
Joseph R. Lyons
Connifer Insurance Company
CEO | CLIC Management NV, LLC
Thomas F O'Connell
Executive Vice President | HUB
Stacey Jackson, Esq.
General Counsel | Golden Bear Insurance Company
Jodi S. Green
Nicolaides Fink Thorpe Michaelides Sullivan LLP
CannaBOP - certification
Member of the National Cannabis Industry Association since 2019