Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for those interested in a little professional development.
Erich Schutz is a broker, underwriter, and risk manager at NIF Group|Jencap, who focuses on the needs of the hemp and marijuana industry nationwide.
Schutz specializes in hard-to-place multi-state cannabis insurance programs, and has more than a decade of experience providing solutions to the excess and surplus lines insurance industry.
He gave it a great deal of thought before he took the leap into cannabis insurance several years ago. But there’s little if any doubt now about his enthusiasm for the industry.
Schutz, whose LinkedIn profile proudly boasts “Cannabis Insurance Ninja” as part of his title, says getting into insuring cannabis was “hands down the smartest career decision” he’s ever made.
Schutz spoke with Insurance Journal about his experience as a cannabis broker.
Insurance Journal: Why did you get in the cannabis and insurance space?
Schutz: For starters I’m passionate about cannabis and I truly love my job as a E&S Broker. I saw a major gap in the market and knew I could bring my customer service centric approach, insurance experience, market knowledge…
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Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for those interested in a little professional development.
Erich Schutz is a broker, underwriter, and risk manager at NIF Group|Jencap, who focuses on the needs of the hemp and marijuana industry nationwide.
Schutz specializes in hard-to-place multi-state cannabis insurance programs, and has more than a decade of experience providing solutions to the excess and surplus lines insurance industry.
He gave it a great deal of thought before he took the leap into cannabis insurance several years ago. But there’s little if any doubt now about his enthusiasm for the industry.
Schutz, whose LinkedIn profile proudly boasts “Cannabis Insurance Ninja” as part of his title, says getting into insuring cannabis was “hands down the smartest career decision” he’s ever made.
Schutz spoke with Insurance Journal about his experience as a cannabis broker.
Insurance Journal: Why did you get in the cannabis and insurance space?
Schutz: For starters I’m passionate about cannabis and I truly love my job as a E&S Broker. I saw a major gap in the market and knew I could bring my customer service centric approach, insurance experience, market knowledge…