Webinar Recording: Insurance considerations related to the banking industry's challenges of serving marijuana-related businesses

What do banks need to understand before establishing MRB relationships, including insurance considerations?

As business is growing for marijuana-related businesses (“MRB’s”) in states that have allowed legalized marijuana sales and passed decriminalization measures, the need is increasing for suitable banking services for these businesses. While a number of banks are willing to establish banking relationships, many are unwilling to do so, preferring to let the dust settle. Join ABA insurance Services' Terry Cawley and Lisa Micciche as they discuss this trending issue.

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About the Speakers

Terry Cawley is the Liability Claims Manager for ABA Insurance Services and is certified by the Ohio State Bar Association as a specialist in insurance coverage law. He has been with the company for over 13 years. Previously, Terry practiced law with several law firms in Cleveland, Ohio,  concentrating on complex commercial litigation involving securities fraud, shareholders’ rights and class action litigation, as well as professional liability and related insurance coverage, and business torts.

 

 

Lisa Micciche is a Senior Product Manager for ABA Insurance Services responsible for product development, modifications to existing products, as well as sales, claims, and competitive analysis. She has over 15 years of underwriting, financial and management experience in the insurance industry, and has held the positions of Senior Underwriter and Accounting Manager within the company.

 

 

 

If you have questions about this webinar or about our insurance program for financial institutions, contact Catherine Kopera at 800-274-5222.