Growing strong with our markets

At Relm, we know that lasting innovation needs solid foundations. So we’re proud of our financial performance and commitment to responsible growth. Since we launched in 2019, we’ve grown rapidly – delivering strong underwriting profits, year after year.

The journey so far

December 2019

Obtained our general business license from the Bermuda Monetary Authority

 

December 2020

Became the first commercial insurer in Bermuda to obtain the Innovative Insurer – General Business (IIGB) authorization

 

March 2020

Issued first insurance policy – D&O/E&O coverage for a blockchain-focused investment firm

 

December 2021

Net admitted assets reached $57.2 million.

December 2021

Secured Financial Stability Rating (FSR) of A, Exceptional from Demotech

 

April 2022

Launched Relm II — the first multi-currency collateralized reinsurance facility supporting both fiat and digital assets

 

December 2022

Net admitted assets reached $94.7 million.

July 2023

Secured comprehensive treaty reinsurance support across global portfolio.

December 2023

Net admitted assets reached $139 million.

January 2024

Opened Relm office in London, UK

 

April 2024

Launched SIGMAWEB3, ALPHAWEB3, NOVAWEB3, VISTAWEB3. Also launch AURAWEB3, industry-first staking insurance.

December 2024

Net admitted assets reached $139 million.

July 2024

Expanded into MENA with Relm Insurance MENA in Dubai.

October 2024

Launched industry-first Bitcoin-denominated insurance policy for Bitcoin miners.

December 2024

Extended NOVA Cyber Technology coverage beyond WEB3.

January 2025

Launched Relm US, licensed in all 50 states.

January 2025

Launched NOVAAI, PONTAAI, and RESCAAI AI solutions.

January 2025

Launched FALTAWEB3 exchange default insurance.

February 2025

Partnered with Liva Insurance in the UAE.

March 2025

Launched SIGMA, a package policy for innovative businesses

April 2025

Secured UAE approval for SIGMAWEB3 and SIGMAWEB3 VARA.

December 2025

Net admitted assets reached $213 million.

July 2025

Launched OMEGAFINTECH and NOVAFINTECH.

December 2025

Launched Relm UK with Bridgehaven Specialty UK Limited.

April 2026

Launched OMEGASPACE, NOVASPACE, and SIGMASPACE.

April 2026

Updated ALPHAWEB3 for digital asset investment managers and launched ALPHA, a consolidated policy for investment managers.

June 2026

Updated ALPHAWEB3 for digital asset investment managers and launched ALPHA, a consolidated policy for investment managers.

Making a social impact along the way

While our business helps shape the future, our culture has always revolved around making a meaningful impact today. In all of our locations, our people are passionate about social responsibility and making their communities stronger.

Explore Relm…

Culture & Values

Our vision is to make innovation more resilient. This is the future that everyone at Relm is working towards.

Learn more

Strength & Stability

As an insurer focusing on innovative industries, building confidence and trust has been fundamental to our success.

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Board & Management

Relm has built a market-leading team of insurance professionals and sector experts.

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Careers

Come and unleash your full potential at the cutting edge of insurance.

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