Based in Brussels, Belgium, CannGen Insurance Europe SRL “CGEU” was launched in March 2023 as a Managing General Underwriter (MGU). CGEU is approved and regulated by the Financial Services and Markets Authority “FSMA.” We are focused exclusively on offering commercial clients the most comprehensive insurance coverage available in the cannabis, CBD, and hemp industries. CGEU has successfully developed pioneering protection for large, medium, and small businesses across Continental Europe, the UK, and Northern Ireland. With proud heritage from our US and Canadian operations dating back to 2008, CGEU brings the same first-mover strategy into Europe to offer indispensable “Seed-to-Sale” coverage, supported by years of underwriting knowledge and experience.
RISK CLASSES
Cultivators
Cultivation includes the cannabis and hemp plant cycle from seed to vegetative, to finished stock.
Processors & Harvesters
Some growers use third-party processors during harvesting, drying, curing, and trimming to increase their yield and control expenses
Manufacturers
Our broadest class covers equipment manufacturers and those that create products that can be smoked, vaporized, ingested, or applied topically.
Laboratories
Laboratories test product for pesticides, product potency, product consistency, and the overall safety of what is available to consumers.
Landlords & Building Owners
Building owner policies cover the property owner for liability and property exposures.
Wholesalers & Distributors
A wholesaler engages in the sale of goods or merchandise to retailers or other distributors exclusively.
Transportation
Coverage for goods and valuables while being transported to manufacturers, wholesalers or retailers.
Retail & Dispensaries
(Excluding Machinery Breakdown)
Organizations that directly sell products to medicinal and recreational consumers, as well as provide delivery services.
Hemp Production
Production of any part of the plant, including seeds and all derivatives, extracts, cannabinoids, isomers, acids, salts, and salts of isomers.