Conifer Announces Strategic Partnership With Palomar Serving The Cannabis Industry
Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer") today announced that it recently launched a strategic partnership with Palomar Holdings, Inc. ("Palomar") aimed at providing comprehensive coverage tailored specifically for the cannabis industry on Palomar Specialty Insurance Company ("PSIC") and Palomar Excess and Surplus Insurance Company ("PESIC") paper. PSIC and PESIC have a financial strength rating of "A-" (Excellent) from A.M. Best.
In response to the rapidly evolving landscape of cannabis legalization and the burgeoning needs of cannabis businesses, this partnership represents a significant step forward in addressing the unique risks faced by cannabis entrepreneurs and cultivators.
As pioneers in the cannabis insurance sector, Conifer recognizes the growing demand for specialized insurance solutions within the cannabis industry. By leveraging combined expertise, resources, and expansive networks, Conifer is poised to deliver unparalleled coverage options designed to safeguard cannabis businesses at every stage of their operations.