At New City Insurance, we dedicate time to understanding the unique challenges that businesses in the legal cannabis industry face. We are expert brokers who understand the complex state and federal laws concerning the treatment of cannabis and hemp products. Many insurance brokers shy away from the cannabis industry, leaving companies to purchase substandard policies that may leave gaps in coverage. We ensure that our cannabis industry clients don’t settle for less than stellar insurance.
Stay Ahead Of The Curve In The Cannabis Industry
Cannabis is an ever-changing industry. Our experts stay on top of market changes and compliance requirements so that you can focus on operating a successful business.
- Partner with a team of insurance carriers and vendors that serve the cannabis industry
- Reduce turnover and compliance risk with a comprehensive benefits package
- Utilize technology to improve administrative efficiency and position for growth
New City’s THC’S – Technology, Health, Compliance & Service
Our comprehensive benefits solution for the cannabis industry includes plan strategy, technology, compliance services, and dedicated customer service. This integrated solution allows you to offer competitive benefits while automating much of your administrative workload.
Benchmarking
Benchmarking allows us to compare key metrics with your competitors in the cannabis industry to ensure we are presenting you with the best possible guidance and coverage. We invest significant resources into our benchmarking practices to identify areas of improvement so that your company acquires and maintains a leg up to attract top talent. Stay up-to-date against your competitors, never allowing them to leave your grasp.
PEOs
Our specialized cannabis industry PEOs help your business centralize your standard core business services, allowing you to focus on what matters most – growing your business. At New City Insurance, we work with all the major PEOs who all focus on handling back-end office tasks such as HR, payroll integration, and employee benefits compliance, allowing you to focus on the bottom line – your business.
Executive Benefits
Not only does the right executive benefits plan give your company a competitive edge in the cannabis industry employer market, but it helps your company recruit and retain the best talent. We work with all our clients to tailor a rewards package for their key executives that best fit their company’s culture. New City Insurance helps your company see the big picture, and ensure your tailored benefits package acts as a reward for employees, pushing your executives to perform even better.
Group Health Insurance
To make sure that all your boxes are checked when working to customize your cannabis industry insurance policy, you should look into providing your employees with group health insurance coverage. Taking care of your employee’s health should be a priority and giving them an option that can assist them when paying for the medical and health coverage will not only make them happy but keep them healthy as well.
Growth Strategy
At New City Insurance, we believe it is important for companies in the cannabis industry to not only be presented with specialized and tailored insurance solutions, but to grow and innovate. The cannabis industry is rapidly expanding and we want to help you determine a growth strategy to help secure your core business functions. Our growth services assist your company in securing exponential and sustained growth to put your cannabis company in place as an industry leader.
Retirement Plans
Retirement plans are one of the most desirable employee benefits. Ensuring that your employees are set up for a financially secure retirement is just one of the ways that will help you find and retain great talent. Having an attractive 401K plan for your employees shows potential prospects that you care for your workforce. At New City Insurance, we have carefully vetted the best 401K providers, who all offer competitive plan designs with low costs so that your cannabis company can achieve maximized returns.
Benefits Administration Technology
Managing employee benefits can be a complicated undertaking, especially for smaller companies who are just starting out in the cannabis industry. Our benefits administration technology helps remove manual and mundane processes that plague many cannabis companies, ultimately saving time and money. At New City Insurance, we are trained professionals with the right tools to help your company make the right decisions, resulting in lower reporting errors and more time for you to focus on what is most important – expanding your business.
Wellness Plans
Healthier employees mean lower health care costs, increased productivity, and reduced disability costs. Our wellness professionals tailor an approach for your cannabis company and it is what we do best – striving to create a healthier environment and raise your company’s employee morale through wellness program engagement. Amongst other great programs, our wellness plans typically include weight-loss competitions, exercise guidance, and wellness assessments.
Get An Upper Hand On Your Competition
Knowing what other cannabis companies are offering is critical to building a health benefits package that attracts and retains top talent. That’s why we invest significant resources in benchmarking – so you have the insight you need to implement custom benefits packages that stand out.
Reach Out To New City Insurance Today
Insurance planning for your cannabis company goes the extra mile to ensure that your financial plan continues to work for you. So why leave it to chance? Our goal is to make you the most competitive employer in the cannabis industry in your region, so you can attract and retain the best talent, and reach your business goals faster. For more information about our cannabis industry insurance, call New City Insurance at 888.210.2759 or request a consultation online today.