PRESS RELEASE - HUB International continues to strengthen its cannabis capabilities with the appointment of Evan Stait as Canada Cannabis Specialty Leader. Stait will work alongside Jay Virdi, HUB Chief Sales Officer of Cannabis Specialty for North America, in supporting the practice strategy nationally.
Stait will play a leading role in continuing the rapid growth of HUB’s presence in the cannabis industry. As Canada legalized cannabis for recreational use in 2018 and medicinal purposes in 2001, and with the continued advancements in the industry, his focus will be on enhancing cannabis insurance solutions and risk services, further developing innovative resources for clients to support their needs and expanding HUB’s knowledge and expertise to help cannabis clients succeed.
“Evan is a top producer and retail insurance advisor,” said Virdi. “With his depth of expertise and experience, Evan’s appointment further strengthens our industry leading Cannabis specialty practice group."
Stait began his insurance career in 2012 and joined HUB in 2014. He specializes in emerging and complex risk sectors, such as cannabis manufacturing, and cross-border solutions. Recently, he led the team to devise some of the first outdoor crop insurance solutions for cannabis and hemp.
Stait has also published multiple articles related to cannabis insurance risks and has been featured on industry podcasts. He received his master’s degree from the University of Alberta and carries the Canadian Accredited Insurance Broker (CAIB) designation.