Hospitality Insurance: Coverage tailored for restaurants, bars, nightclubs, and lounges
Hotel & Motel Insurance: Insurance solutions for hotels, motels, and boutique resorts
Cannabis Industry Insurance: Specialized coverage for cannabis businesses
Workers’ Compensation: Financial coverage for employee injuries
General Liability Insurance: Protection against claims of bodily injury or property damage
Liquor Liability Insurance: Coverage for establishments serving alcohol
Business Owner's Policy (BOP): Combined coverage for small businesses
Product Categories
Available Products
Coverage tailored for restaurants
bars
nightclubs
and lounges
Insurance solutions for hotels
motels
and boutique resorts
Specialized coverage for cannabis businesses
Financial coverage for employee injuries
Protection against claims of bodily injury or property damage
Coverage for establishments serving alcohol
Combined coverage for small businesses
Tagrisk Insurance Services LLC is a California-based specialty insurance agency providing comprehensive risk management and insurance solutions tailored to the hospitality, hotel, and cannabis industries. Headquartered in Huntington Beach, California, Tagrisk has earned a reputation as a national leader in niche-sector insurance, delivering coverage for high-risk businesses with a focus on flexibility, compliance, and affordability.
Company Overview
Founded by industry veteran Larry Anaya, Tagrisk was established to meet the unique and often underserved needs of hospitality business operators who require more than one-size-fits-all insurance policies. The firm’s mission is to provide smart insurance tailored to high-liability industries while delivering transparent service and fast policy execution.
Tagrisk serves thousands of clients across the United States, including restaurants, bars, nightclubs, hotels, and cannabis dispensaries, providing policies that address both regulatory requirements and operational exposures.
Core Business
Tagrisk’s operations are focused on commercial insurance programs with specialization in:
Risk management consulting for emerging industries
Their insurance solutions are structured around loss prevention and long-term policy sustainability, enabling clients to manage liabilities while controlling premium costs.
Product Portfolio
Hospitality Insurance
Tailored for restaurants, bars, lounges, and nightclubs
Includes general liability, property, and liquor liability
Coverage for guest injuries, employee claims, and property loss
Hotel & Motel Insurance
Property and liability protection for franchise and independent operators
Includes business interruption, equipment breakdown, and guest liability
Cannabis Industry Insurance
Seed-to-sale coverage: cultivation, processing, transport, and retail
Covers property damage, theft, general liability, and product liability
Workers’ Compensation Insurance
Medical expense and wage replacement for injured employees
State-specific compliance for high-turnover industries
Liquor Liability Insurance
Protection against alcohol-related incidents and third-party claims
Compliant with local and state Dram Shop laws
Business Owner's Policy (BOP)
Bundled policy offering liability, property, and business interruption
Ideal for small and mid-sized operators
Tagrisk partners with top-rated carriers to provide policies with competitive premiums and flexible limits, including excess and umbrella options for venues with high customer traffic or complex operations.
Unique Selling Proposition (USP)
Tagrisk distinguishes itself with:
Industry-specific expertise in nightlife, cannabis, and lodging
Access to exclusive insurance markets not available through general brokers
Risk mitigation consulting to help reduce claims and premiums
Fast quote turnaround and digital onboarding
The agency has become a go-to provider for businesses that have been denied or overpriced by traditional carriers due to perceived risk.
Financial and Market Reach
Tagrisk services clients across all 50 states and is licensed to provide insurance nationwide. While private and not disclosing revenue figures, the agency has seen significant growth fueled by its expansion into the legalized cannabis industry and increasing demand for specialized hospitality insurance.
The U.S. cannabis insurance market alone is expected to surpass $3.5 billion in annual premiums by 2025, and Tagrisk is actively capturing share by offering coverage in states where cannabis is regulated. The firm is also a major player in liquor liability, where annual premium volumes top $4 billion nationally.
Distribution and Operational Model
Tagrisk operates through:
Direct-to-business sales
Independent insurance agents and brokers
Online application portals and remote consultations
Strategic partnerships with associations and industry groups
They maintain a fully digital documentation process, enabling fast onboarding, e-signatures, and mobile policy management for clients.
Compliance and Certifications
Licensed commercial insurance provider in all U.S. states
All carriers are A.M. Best A-rated or higher
Cannabis policies are compliant with state-specific regulations
Cyber insurance and data breach coverage also available
Tagrisk ensures all policies comply with municipal codes, state insurance mandates, and industry-specific legal frameworks.
Capabilities
Custom risk audits and gap analysis
Loss prevention training and webinars
Multi-policy bundling discounts
Cannabis compliance consulting
Same-day policy issuance for urgent cases
Marketing and Media
Tagrisk leverages LinkedIn and Facebook to share industry updates, client success stories, and insurance tips. Their content includes educational videos on liability avoidance, such as “Top 5 Insurance Liability Facts and Tips,” aimed at reducing claim exposure.
The company actively attends hospitality expos, bar/nightlife trade shows, and cannabis business summits, offering live consultations and on-site policy evaluations.
Client Testimonials
Clients frequently highlight Tagrisk’s professionalism, responsiveness, and ability to insure businesses considered too high-risk by traditional carriers. Testimonials cite premium reductions of up to 30%, along with quicker claims processing and better policy customization.
Major Achievements
Insured 3,000+ hospitality businesses nationwide
First-mover in cannabis-specific commercial insurance in California
Recognized for underwriting expertise in nightlife and adult entertainment sectors
Expanded into 15+ U.S. states with regulated cannabis markets
Tagrisk Insurance Services LLC continues to lead the way in customized commercial insurance, delivering industry-specific expertise, trusted partnerships, and forward-thinking policies for complex and high-liability operations.
Tagrisk Insurance Services LLC - Hospitality Insurance, Hotel & Motel Insurance | World Tea Expo 2025
