Symphony Grow is launching a bespoke captive insurance program for large and sophisticated cannabis businesses called “Symphony Grow Captive.”
The “Symphony Grow Captive” risk financing tool provides a breadth of benefits not commonly afforded to cannabis businesses due to the historical reluctance of most admitted insurers to write coverage. This includes:
Policies can be customized to include or exclude non-negotiable or uninsurable losses in the commercial insurance market. Symphony Grow Captive also allows control of all aspects of claims management, including: settlement authority, legal expense management and defense counsel panel selection.
Symphony Grow is the specialty business of Symphony Risk Solutions. Symphony Risk Solutions is an insurance, risk management and employee benefits consulting firm with offices in San Francisco, Dallas, Chicago, Los Angeles, New York, St. Louis and Seattle.
Topics California New Markets
Was this article valuable?
Here are more articles you may enjoy.
Surplus Lines Leaders Remain Bullish on Outlook in a Shifting Market 
‘Unusual’ Isaias Brings Winds, Downed Trees But Fewer Claims Than Expected 
AI Models May Soon Self-Replicate Across Smart-Home Devices, Anthropic Warns 
Viewpoint: The ‘Unbundled’ Insurer Emerges in Age of AI as Value Chain Fragments From This Issue
