NEW YORK, Sept. 14, 2021 /PRNewswire/ — The National Underwriter Company, an ALM business, is launching one of the first certifications for insurance agents and brokers, risk managers and other professionals who advise cannabis-related businesses: Cannabis Insurance Coverage Specialist (CICS).
Created with the learning needs of insurance producers, agents, risk managers, and those in various areas of the cannabis business in mind, CICS is the most complete professional learning program available for industry professionals seeking to master the complex and ever-evolving subject of cannabis insurance coverage. The program was created by ALM’s subject matter experts and thought leaders in conjunction with multiple insurance, legal and cannabis industry experts.
“We wanted to create a forward-thinking certification that would benefit professionals serving the cannabis industry, as well as growers, suppliers, manufacturers, dispensaries and others who are a critical aspect of this still evolving industry,” shares Molly Miller, ALM’s chief content officer. “These courses will focus on providing an in-depth look at the challenges and opportunities businesses face daily.”
Cannabis Insurance 101, the first course in the certification program, features detailed content enhanced with real-life case study exercises and is the foundation for understanding the myriad issues related to running cannabis-touching businesses. In addition to the introductory course, the curriculum will include lessons that address such topics as:
Risk management, Real estate issues, Product liability and claims, Cannabis issues for business advisors, including financial services professionals and attorneys, and Medical and health issues surrounding the use of cannabis, including workers’ compensation and employment law concerns.
“Businesses in the cannabis industry face many of the same daily issues as other enterprises, but with some unique challenges due to cannabis still considered a Schedule 1 substance,” explains Kieran J. O’Rourke, vice president and director of underwriting for Cannasure Insurance