SafeHerb launches new executive protection program

SafeHerb , a division of Specialty Program Group, is introducing a new executive protection insurance program for the cannabis and hemp industry as an expansion to their current property and casualty capacity.

SafeHerb’s new program will include Directors & Officers Liability, Employment Practices Liability, Fiduciary Liability, and Crime for privately held cannabis and hemp companies. The coverage is produced and underwritten utilizing Obsidian Insurance Holdings , a specialty carrier that carries an “A-” (Excellent) A.M. Best rating.

“This is an excellent addition to our property and casualty program, where we also have more than doubled our liability and property capacity available to our exclusive network of producers.” – Kramer Hendricks, CIC, CPL, Vice President of SafeHerb.

“We are proud to partner with SafeHerb on this exciting new product offering to meet a growing market need.” – William Jewett, CEO of Obsidian.

SafeHerb coverage is available in all 50 states, plus Washington, D.C. through the company’s network of agents backed by the security of Obsidian.