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:
- Hospitality and nightlife
- Hotels and motels
- Cannabis operations (dispensaries, grow operations, delivery)
- 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.
