E-cigarette and vape trade is booming around the globe. According to an industry report published in Cision PR Newswire, the vape market is going to expand at a CAGR of 20.8% this decade to hit the $61.4 billion mark by 2025.
Currently, the United Kingdom is the third biggest vape market in the world. Between 2012 and 2017, the number of vape users in the UK increased by over 314% from 700,000 to 2.9 million.
Vape businesses are flourishing in the UK and around the globe, however, the risks and regulations associated with this trade are also increasing.
At IC Insurance Solutions, we fully understand the risks and challenges you face as a vape wholesaler. We are also aware of how difficult it can be for vape sellers to find a comprehensive and economic insurance package that offers the right coverage for their business.
That is why we partnered with the best insurers in the industry to bring you tailor-made vape insurance packages that fit your needs and offer comprehensive protection to your wholesale business.