Worldwide Facilities has appointed a new broker to join its NutraRisk division, to supplement its capabilities in the field of cannabis insurance.

The wholesale insurance broker and program underwriter has hired Norman Ives to join the division, which specializes not only in cannabis, but also nutraceuticals and dietary supplements.

Ives has over 20 years of insurance experience, particularly when it comes to the cannabis industry. He is also a published author and a speaker for the cannabis industry. A release noted that his “significant expertise” on cannabis positions him to offer innovative insurance solutions for the industry.

“Cannabis clients face unique business challenges because of the legal and regulatory landscape,” remarked Ives. “I offer a unique perspective on those challenges, and I look forward to partnering with our agents who serve cannabis clients to help protect those clients’ businesses and enable them to thrive.”

“Norm is a valuable addition to our team, particularly to agents who work in the cannabis industry,” commented Worldwide Facilities NutraRisk life science practice leader Morgan Moore. “His expertise with the various cannabis insurance programs, combined with his in-depth expertise in cannabis regulatory requirements, make him ideally suited to this role. Norm will be a huge asset to our clients.”