NEW RISKS, UNDERSTOOD

INNOVATION. THE HEART OF YOUR BUSINESS. AND OURS.

ENTREPRENEURS ARE COMFORTABLE WITH BREAKING NEW GROUND. THE INSURANCE INDUSTRY, NOT SO MUCH.

RELM is a different type of insurance company. One that is set up to embrace new and emerging business categories. We work with entrepreneurs who are pioneering these new horizons. Operating in this space, they find it difficult to get insurance, which makes it hard for them to advance their business or even trade normally.

DIGITAL ASSET BUSINESS

In the 10 years since Bitcoin was conceived, more than 4,000 additional cryptocurrencies have been created and the value of bitcoin has undergone sometimes wild fluctuations in value. Whatever the growing pains, digital assets are here to stay and are becoming an increasingly important part of the financial system. For the market to fully evolve it needs a comprehensive insurance infrastructure to build confidence and protect investors.

‘Cold storage’ insurance cover first appeared in the London market in 2013. Since then insurance capacity has been patchy, its availability volatile and the costs often outrageously high. ‘Hot’ storage remains almost non-existent. The market needs consistent, long-term capacity at reasonable rates with lower barriers to access.

Relm’s mission is to step into the coverage void and leverage its understanding and expertise of the digital asset market to offer comprehensive and effective cover. Our commitment to the digital asset community is demonstrated by the broad range of cover we offer across the full spectrum of insurance products.

  • Digital Asset insurance
  • Directors and Officers liability
  • Commercial Crime
  • Cyber
  • Professional Liability
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MARIJUANA FARMS

Commercialisation is coming to the cultivation, distribution and sale of marijuana. With legalisation in some jurisdictions and a growing acceptance of the product’s place for medicinal and recreational use across society, the need for responsive insurance solutions is urgent. Relm is pioneering the development of effective cover, wordings and distribution to make access to its insurance product as widely accessible as possible.

The range of risk coverage that producers and sellers of cannabis require is similar to more traditional businesses and therefore a comprehensive offering across the property and casualty suite of risks is needed.

As legitimate marajuna production is a relatively new industry, Relm is working with its brokers and insureds to fully understand the issues and opportunities that the market faces and develop insurance solutions with the necessary flexibility to adapt as the market grows.

  • Directors and Officers liability
  • Commercial Crime
  • Cyber
  • Professional Liability
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