Welcome to the Risk Mitigation Alliance Page

What is Risk Mitigation Alliance (RMA)?

Risk Mitigation Alliance consists of the top cannabis insurance companies (carriers and brokers) working alongside Simplifya (the leading operational compliance company) to help cannabis licensed operators mitigate compliance-related risks and save money.

 

Who benefits from RMA? Licensed cannabis operators.

 

What are the benefits?

    1. Save money while operating a compliant cannabis business.
    2. The best-in-class operational compliance tool subsidized by insurance companies: Licensed operators who use Simplifya to maintain operational compliance can now have 70% of the cost of Simplifya paid by RMA insurance partners.
    3. Preferred pricing on insurance premiums: Operators who utilize Simplifya for compliance are eligible for discounts/preferred pricing on insurance premiums. *While insurance carriers will do their best to provide premium discounts on insurance policies for Simplifya customers, note that discount amounts are evaluated on a case-by-case basis by the insurance carriers, and the discounts applied at policy renewal, if any, may vary based on many different risk factors of the insured.
    4. Mitigate Risk:  Protect your most valuable asset – your license – through the use of Simplifya.  Simplifya is the leading and longest-running operational and regulatory compliance company in the cannabis industry.
    5. Simple and easy: No costs and no additional work – we do everything for you! All you have to do is contact us RMAlliance@simplifya.com.
    6. Insurance Cares: Leading cannabis insurance carriers and brokers have come together to collectively bring value and financial relief to licensed cannabis operators.

Sample RMA Partners Include:

canngenLP
comployLP
HUBLP
IMALP
quadLP
safeherLP

What is Simplifya?

RegTech platform custom-built for the cannabis industry from the ground up, Simplifya is the leading and longest-running regulatory and operational compliance software company in the cannabis industry. Simplifya has been helping licensed operators maintain operational compliance and mitigate risk since 2016. Learn more at www.Simplifya.com.

Self-Audits

Our dedicated team of cannabis regulatory analysts converts state regulations into a seamless audit checklist that allows you to easily identify areas of non-compliance. On top of that, we provide solutions to restore compliance and our technology lets you assign the remediation tasks to your team members, creating a culture of compliance and accountability. Regularly scheduled self-audits can keep your license in good standing and could save you thousands in fines or penalties.

SOPs

Our SOPs feature allows you to easily create, update, and track all versions of your Standard Operating Procedures in accordance with state requirements. We also make it easy for you to assign your SOPs to specific employees, track the progress, and maintain a comprehensive record and history of compliance with regard to your SOPs. We’ve also created a library of regulation-based SOP templates to jump-start your license application or renewal and help establish best practices for maintaining operational compliance. 

Smart Cabinet

We’ve made a list of all the documents the state requires your client to have on file. Smart Cabinet allows you to easily store all of the required documents in a single, organized location. You can also set up reminders for future uploads, manage user access for each document, and access these documents anywhere you have an internet connection.

License Management

If it has an expiration or renewal date, License Tracker has you covered. Easily track, manage, and store all relevant documentation for your clients’ licenses. From state-issued licenses all the way down to fire extinguishers, License Tracker makes sure you never miss a renewal.

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    Audits available for use on mobile devices, including phones and tablets, as well as your computer.

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    Utilize the same tool regulatory agencies are using when conducting their inspections.

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    Easily stay up-to-date on new regulations, rule changes, and more at the state level.

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    Save time, energy, and stress by having access to your regulations and compliance audits, SOPs, and key documents in one place.

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    Create, automate, and strengthen a culture of compliance, transparency, and employee accountability.

Claim Your RMA Benefits

Please be sure to thank you RMA insurance carrier and broker for their financial support of your business.

What is Risk Mitigation Alliance?

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Risk Mitigation Alliance consists of the top insurance companies in the cannabis industry working together with Simplifya to help cannabis licensed operators mitigate risk and save money.

  • Best-in-class coverage and services by top insurance companies in the cannabis industry.
  • Best-in-class compliance software in the cannabis industry to help licensed operators stay compliant. Simplifya is an easy-to-use cannabis compliance software that helps manage manpower, create efficiencies, and streamline regulatory and operational compliance.

Why Risk Mitigation Alliance?

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Risk Mitigation Alliance delivers risk mitigation and financial relief for cannabis licensed operators through one simple and effective alliance.

  • Mitigate Risk:  Protect your most valuable asset – your license – through the use of Simplifya, the industry’s gold standard platform for regulatory and operational compliance.
  • Good Governance:  Exceptional Governance and risk mitigation through compliance are a necessity in the cannabis industry, and RMA promotes this practice.
  • Save Money:  Preferred pricing on insurance premiums from top insurance carriers, along with 70% of the cost of Simplifya paid by RMA partner insurance carriers and brokers.
  • Easy to Qualify & Enroll:  Opt-in quickly and easily.
  • Insurance Cares:  Insurance carriers and brokers have come together to collectively bring value and savings to cannabis licensed operators.

How does Risk Mitigation Alliance Work?

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Risk Mitigation Alliance (RMA) has partnered with the industry’s top brokers, who work diligently to match your business with best-in-class insurance coverage. RMA also makes it easier and more affordable for you to protect your license(s) with the best-in-class compliance tool, Simplifya. Because Simplifya is a risk mitigation solution, cannabis operators who use Simplifya for operational and regulatory compliance will now be eligible for one or more of the following benefits when working with RMA partner carriers and brokers:

      • Preferred Pricing on Insurance Premiums:  Simplifya customers are eligible for deep discounts on insurance premiums from partner carriers at policy renewal or during new policy signup.
      • Simplifya Subsidized:  Licensed operators who work with RMA participating brokers and carriers are eligible to have 70% of the cost of Simplifya paid by partner carriers and brokers.
      • Additional Potential Software Subsidies:   Based on the risk profile of your business, RMA carriers may subsidize the remainder of your Simplifya software subscription cost at policy renewal or during new policy signup.

To find out if your insurance broker or carrier is an RMA partner, or to see if your business qualifies for discounts and subsidies, please fill out the form at the bottom of the page, and a Simplifya representative will reach out to you.


* While insurance carriers will do their best to provide premium discounts on insurance policies for Simplifya customers, note that discount amounts are evaluated on a case-by-case basis by the insurance carriers, and the discounts applied at policy renewal, if any, may vary based on many different risk factors of the insured.

Benefits for Insurance Brokers

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Risk Mitigation Alliance partners with insurance companies, brokers and wholesalers who work with licensed cannabis businesses. Benefits for Brokers:

  • Provide savings and long-term value to your clients.
  • Help ensure your clients maintain licensure while saving them money.
  • There is no work on the broker’s part aside from notifying Simplifya at RMAlliance@simplifya.com

Simplifya will work with the carriers to get your client set up and you can notify the client of the good news once their account has been created.

For more information on how to become a partner, please email RMAlliance@simplifya.com

The leading and longest-running regulatory and operational compliance software company in the cannabis industry. Simplifya has helped licensed operators maintain operational compliance and mitigate risk since 2016.

Self-Audits

Our dedicated team of cannabis regulatory analysts converts state regulations into a seamless audit checklist that allows you to easily identify areas of non-compliance. On top of that, we provide solutions to restore compliance and our technology lets you assign the remediation tasks to your team members, creating a culture of compliance and accountability. Regularly scheduled self-audits can keep your license in good standing and could save you thousands in fines or penalties.

SOPs

Our SOPs feature allows you to easily create, update, and track all versions of your Standard Operating Procedures in accordance with state requirements. We also make it easy for you to assign your SOPs to specific employees, track the progress, and maintain a comprehensive record and history of compliance with regard to your SOPs. We’ve also created a library of regulation-based SOP templates to jump-start your license application or renewal and help establish best practices for maintaining operational compliance. 

Smart Cabinet

We’ve made a list of all the documents the state requires your client to have on file. Smart Cabinet allows you to easily store all of the required documents in a single, organized location. You can also set up reminders for future uploads, manage user access for each document, and access these documents anywhere you have an internet connection.

License Management

If it has an expiration or renewal date, License Tracker has you covered. Easily track, manage, and store all relevant documentation for your clients’ licenses. From state-issued licenses all the way down to fire extinguishers, License Tracker makes sure you never miss a renewal.

Why Simplifya?

RegTech platform custom-built for the cannabis industry from the ground up.

Why Simplifya Continued?

Create, automate, and strengthen a culture of compliancetransparency, and employee accountability. 
Save time, energy, and stress by having access to your regulations and compliance audits, SOPs, and key documents in one place.
Easily stay up-to-date on new regulations, rule changes, and more at the state level.
Utilize the same tool regulatory agencies are using when conducting their inspections.
Audits available for use on mobile devices, including phones and tablets, as well as your computer.

Audit

  • Self-Audit capability via simple “yes or no” questions written by our Regulatory Analysts.
  • Create any custom questions, categories, and/or Audit templates to reflect your compliance standards.
  • Assign Training Category or Full Audits to any new employee for essential compliance training.
  • Easily identify compliance issues and how to best remediate via your Audit & Remediation Reports.
  • Schedule out recurring audits for ease of organizing schedules and deadlines.

SOPs

  • Save time and energy by utilizing our read-to-go SOP Bundles, including step-by-step templates & linked regulation citations.
  • Outline your organization’s best practices via our Build-Your-Own SOP template feature.
  • Create a culture of transparency with our Assign User capability – know which SOPs are assigned to to which employee, including the frequency and progress they have made.
  • Customize operating procedures based on license type, vertical, and/or employee position.

Smart Cabinet

  • Keep track of all your required documents via our Category Binders & Folders.
  • Our Smart Cabinet comes complete with state-specific listing of required documents you are to maintain on file.
  • Create a culture of compliance by easily assigning users to upload documents related to their position.
  • Easily save your Audit History, employee documents, and more by creating Custom Binders & Folders.
  • Discover document types needed for your license type or vertical.

License Tracker

  • Track all expiration & renewal dates – from licenses, contracts, employee badges to fire extinguishers – in our License Tracker.
  • Set up Custom Statuses to track your license application or M&A processes.
  • Send reminders up to 180 days out to any user or email address outside of the system.

How To Sign Up?

Signing up for Risk Mitigation Alliance (RMA) as a licensed operator is easy. 

Fill out the form below. Once you contact us, we’ll handle everything behind the scenes with all the insurance partners and get back in touch. Once you’ve contacted us, either your insurance broker or someone from Simplifya will reach out to notify you of which benefit(s), if any, your business qualifies for.

Please be sure to thank your insurance partners for their partnership and interest in ensuring your compliance, risk mitigation, and success!

Check If You Are Eligible

* While insurance carriers will do their best to provide premium discounts on insurance policies for Simplifya customers, note that discount amounts are evaluated on a case-by-case basis by the insurance carriers, and the discounts applied at policy renewal, if any, may vary based on many different risk factors of the insured.