Cosmetic Insurance Services (CIS) – a division of EPIC Insurance Brokers & Consultants – has announced that it is now extending its coverage to companies whose cosmetic and beauty products contain cannabidiol (CBD).
“We are excited about this enhancement to our current underwriting guidelines,” said CIS managing principal Kenneth C. Hegel Jr.
Hegel commented that with the ability to cover for such a specific product class, CIS is pushing the envelope.
“This new enhancement to our current underwriting guidelines demonstrates our commitment – to not only the cosmetics industry as a whole – but reinforces our dedication to the many clients we serve nationwide,” the managing principal added. “We believe the capability to successfully underwrite this exposure and provide insurance on these specific products will allow us to continue to provide a superior insurance product to both our direct customers as well as our valued retail broker partners.”