CANNAINVESTOR Magazine March / April 2017 - Page 15


About Novus

Novus is the nation’s first risk and non risk healthcare insurance plan. Additional liens of business is in property and casualty in the medical cannabis space

Within 1 year Novus transitioned from broker to carrier/aggregator expanding into a diversified multiple lines of business outside the MMJ space

Well-established in Washington, Oregon, California, Colorado, Arizona and Michigan to write policies as a carrier in risk and non-risk health plans, representing close to 70% of the cannabis market

In Property & Casualty and Excess Surplus, current filings under review with top 10 states that have sizable insurance markets; and subsequently file with the remaining U.S. states

Novus recently entered into Lloyds of London as a United States broker and up lift their status as a direct Lloyds Broker and place risk portfolios into the Lloyds syndicated market place

One of the few micro cap companies that can secure 100% of investor funds in their fixed annuities program, this will be used for balance sheet enhancement to write more policies and move risk to other reinsurance carriers in their respective business sectors