Cannabis
In conjunction with the New York State Insurance Fund (NYSIF), McNeil & Co. and the Cannabis Association of New York are excited to launch a safety group to provide a sustainable workers’ compensation solution for members of the New York State cannabis industry.
For more than 30 years, McNeil & Co. has provided specialty insurance solutions and risk management to organizations throughout New York. We’re taking that experience and investing fully into the cannabis industry with NYS Cannabis Safety Group 591.
Available throughout New York, Safety Group 591 was formed to provide stable and cost-effective Workers’ Compensation insurance for this rapidly growing industry – along with proven risk management and loss control solutions built to evolve with business needs.
Downloads
Eligible Businesses
By Classification Code:
- 0005 | Nurserymen, Drivers, Incidental Landscaping
- 0006 | Farms & Drivers
- 0035 | Florists: Cultivating or Gardening
- 4611 | Medicine or Pharmaceutical Preparation
- 2172 | Cannabis Products Manufacturing
- 8017 | Retail stores (Cannabis Dispensaries)
- 8018 | Wholesale stores (Cannabis wholesale)
Submission Requirements
- Form UE-4
- Form SGU-4
- 5-year premium/loss detail (unless startup)
- Active or conditional license
- Membership in the Cannabis Association of New York
Safety Group 591 is underwritten by the New York State Insurance Fund (NYSIF) and managed by McNeil & Co.
Specialized Program Benefits
Policy Discounts
Discounts available for qualified cannabis operations
Segment-Specific Risk Management
Accident analysis, trend reports, claim reserve reviews and loss analysis
Experience Mod Factor Review
Review of experience modification factor, forecasting and class code verification
