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MFE Insurance Brokerage

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Alec Roberts

As the Founder and CEO of MFE Insurance Brokerage, Alec Roberts leads a firm built for creative and non-traditional industries including entertainment, technology, hospitality, aviation, and cannabis. With nearly two decades in the insurance industry, Alec has focused on providing technology-driven approaches to risk management and emphasizing client-focused strategies. This begins with a deep understanding of a client’s business, then designing coverage that protects their assets, operations, and long-term growth.

Alec began his career as a customer service representative (CSR) and account manager before becoming a producer (a licensed salesperson), where he quickly discovered the entertainment space. He spent seven years with the agency that hired him out of college, then purchased his book of business to found MFE Insurance Brokerage. Since then, the firm has grown at an average rate of 25% year over year, developing a reputation for proactive servicing and industry expertise in niche insurance specialties.

Alec points to seeing clients succeed, with their risk properly structured and protected, as the most satisfying part of his work, and values the ongoing relationships with businesses that continue to rely on him as they grow.

Cannabis leaves on a plant

What Is Cargo Insurance?

November 9, 2020

Manufacturers, dispensary owners, and others involved in the cannabis industry experience many unique risks to their business. Obtaining adequate protection is the key to ensuring that you have the right safeguards in place to avoid a financially damaging situation. One type of coverage that is

Cannabis plant in the sunlight

The Benefits Of Cannabis Insurance

November 2, 2020

The cannabis industry is projected to generate $22 billion in sales by 2022. Despite this growth, insurers have been slow to enter the market. This has left many growers and dispensaries with an inadequate selection of insurance options to choose from. Cannabis insurance is available to those in the

Leaves on a cannabis plant

How Does Cannabis Insurance Provide Protection?

October 26, 2020

The legal marijuana industry has experienced accelerated growth over the last five years, with industry experts expecting more to come. Currently, medical marijuana is legal within 33 states plus Washington, D.C., and recreational marijuana usage is permitted in 11 states plus Washington, D.C..

Cannabis employee covered by workers comp insurance

What Does Workers Comp Cover In Cannabis Insurance?

October 19, 2020

Cannabis has been growing in popularity for decades in the U.S. With six in ten Americans agreeing that recreational marijuana use should be legalized, many states are preparing moves to legalize cannabis to some degree. Eleven states have already legalized recreational marijuana, which has opened

Cannabis plants standing together

Does Cannabis Insurance Include Commercial Auto?

October 12, 2020

The booming US legal cannabis industry is projected to be worth $73.6 billion by 2027. A growth in business means an increase in the amount of risk assumed by the industry. Any comprehensive cannabis insurance policy should include commercial auto coverage. A cannabis business involved in the

Man tending to cannabis plants

Cannabis Distribution Liabilities & How To Protect Your Business From Risk

October 5, 2020

The distribution and transportation of cannabis is a new type of business within a young industry. Businesses that enter into this market are responsible for transporting products in the supply chain. This requires a variety of logistics solutions that help increase the quality of the product when

Cannabis in jar on table

Why Do Illinois Dispensaries Need Cyber Insurance?

September 28, 2020

Cybersecurity is a concern for businesses of every size and type. The cannabis industry is no exception to this. According to the National Cybersecurity Alliance, six out of ten small businesses in the United States have been victims of cyberattacks. Within half of a year, these businesses were out

Employee in provisioning center holding cannabis

What Insurance Policies Are Most Important For A Michigan Provisioning Center?

September 21, 2020

Obtaining a state license to operate a medical marijuana provisioning center is one of the biggest hurdles for Michigan business owners. The legalization of marijuana took effect on December 6, 2018, which means it’s still a new industry for the state. From a state and local regulatory perspective,

a cannabis cultivator that needs property insurance for their operation

Why Does A Cannabis Cultivator Need Property Insurance?

September 7, 2020

Why does a cannabis cultivator need property insurance? Finding the right insurance policy for a cannabis cultivator is imperative to ensure compliance with state laws and ensure ideal business practices. The laws can be confusing with many grey areas since, on a federal level, cannabis is still

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344 N Old Woodward Ave, Suite 304 Birmingham, MI 48009 248-781-3321

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