Being the first in your field can be exciting. You've found a consumer need that hasn't been met. You don't just create a new company but an entire business category that didn't exist before.

But how the heck do you get insurance? As many new business owners report, where there's a will, there's a way.

"We started this thing so early that the thought of having insurance products designed for companies like this was too alien," says Michael Eymer, who in 2014 founded Colorado Cannabis Tours, a pot-friendly travel agency and activities company.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.