RRelm Insurance provides specialty coverage for emerging and high-risk sectors, focusing on digital assets, Web3, AI, space economy, fintech, cannabis, and alternative therapeutics. It underwrites policies by using analogous data and deep, sector-specific risk knowledge to tailor coverages such as staking/slashing, smart contract failures, crypto theft, and D&O for token issuers, while adapting core lines like cyber, crime, and professional liability; Relm II, a collateralized reinsurance facility launched in 2022, accepts fiat and digital-asset collateral to increase crypto capacity. The company differentiates itself by filling gaps where historical data is scarce, holding an A, Exceptional rating from Demotech and a Bermuda Monetary Authority license with the Innovative Insurer designation, backed by a bespoke, risk-focused approach. Its goal is to enable growth in cutting-edge industries by providing tailored, capacity-backed insurance where traditional markets cannot.
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Hamilton, Bermuda
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2019
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DIFC Innovation Hub establishes Geospatial Accelerator advances Dubai's ambition to lead converging space, AI economy. WAM 23 Oct 2026, 19:11 GMT+ DUBAI, 23rd October, 2026 (WAM) - DIFC Innovation Hub and the Mohammed Bin Rashid Space Centre (MBRSC), today announced significant progress in the Geospatial Accelerator, the inaugural programme under the Space for Earth Labs platform, marked by the selection of several international scale-ups. The platform has been established by DIFC Innovation Hub in partnership with the Mohammed Bin Rashid Space Centre (MBRSC) and Relm Insurance to connect space and Earth Observation (EO) technologies with artificial intelligence, commercial expertise and industry demand. It will strengthen the space sector's contribution to the national economy and supports the objectives of the National Space Strategy 2030, positioning Dubai at the forefront of the converging space and AI economy. Based at the DIFC Innovation Hub, Space for Earth Labs provides a single point of entry for companies seeking to apply space-derived data to commercial and public-sector challenges. The Geospatial Accelerator, was launched at the Dubai Airshow in November 2025. The programme attracted 73 applications from 24 countries of which 63 were assessed as valid and 45 progressed to interview. This led to the selection of ten scale-ups including AtlasAI, FlyPix AI, Geospatial Insight, GHGSat, Latitudo40, Little Place Labs, SatSure, SparkGeo, Stellaria and V-Nova. These firms will now be matched to three UAE public sector organisations: FADA (part of EDGE Group), Ministry of Energy & Infrastructure - National Maritime Centre (NMC) and The Dubai Civil Defence General Command, along with two private sector organisations: Buro Happold (a professional services firm), and Liva Insurance, part of Liva Group. Together, they will develop proof-of-concept pilots (PoCs) across maritime and infrastructure, insurance and risk, the built environment, public safety, and geospatial intelligence. Each use case pairs a scaleup with a real operational challenge faced by a UAE entity, translating space and AI innovation into applied solutions across maritime safety, insurance, the built environment, and public safety. Through the Geospatial Accelerator and Space for Earth Labs, Dubai is building the marketplace that connects frontier space and AI technologies with institutional customers and serious investors. At present, Earth Observation (EO) contributes an estimated USD 440bn to global GDP while the broader AI-in-geospatial market is forecast to grow at 19.5 per cent annually through 2028. Major technology companies have also dedicated capital to AI-enabled environmental applications, including AWS, Google, Microsoft and Nvidia. Mohammad Alblooshi, Chief Executive Officer at the DIFC Innovation Hub, said: "The Geospatial Accelerator demonstrates how Dubai can turn frontier technology into economic opportunity by bringing together space, artificial intelligence, finance and industry around real-world challenges. DIFC established this initiative because our role extends beyond financial services: we are building the platforms, partnerships and investment ecosystem that enable emerging technologies to move from innovation and proof-of-concept to commercial scale, whilst supporting the innovation objectives of the Dubai Economic Agenda (D33)." Saeed AlMansoori, Director of the Remote Sensing Department, MBRSC, said: "Through the Geospatial Accelerator, MBRSC is helping create a direct pathway to translate Earth Observation data into actionable insights that address real operational priorities across the UAE. By working closely with government and industry partners, we are expanding the practical use of space-derived data across sectors, demonstrating its wider value and supporting the objectives of the UAE National Space Strategy 2030." Joseph Ziolkowski, CEO and Founder, Relm Insurance, said: "The value of this programme is that it connects space and AI companies to real operational problems, where innovation ultimately has to earn the trust of the institutions adopting it. Insurance can be a powerful enabler of that trust. As these technologies move from proof of concept into real-world deployment, they need an insurance partner willing to understand the technology, the use case, and the evolving risks, while also being flexible enough to build coverage around them. Relm's role is to provide that support, giving innovators and their customers greater confidence to test, adopt, and ultimately scale solutions that can have meaningful real-world impact." As a real outcome-driven platform dedicated to SpaceTech scale-ups, the initiative advances the Dubai Economic Agenda (D33) which aims to double the size of Dubai's economy over the next decade and consolidate its position among the top three global cities. Selected scale-ups will present their proof-of-concept solutions at the Dubai AI Festival in October 2026 further amplifying the programme's innovations to a global audience including top venture capitalists, enterprises, government agencies and ministries.
Project Eleven and Relm Insurance partner to explore quantum Risk in digital asset insurance. 20 Oct, 2026, 18:30 IST The first partnership to explore post-quantum security as a factor in pricing digital asset insurance. NEW YORK, Oct. 20, 2026 /PRNewswire/ - Project Eleven, the post-quantum security company for digital assets, today announced Relm Insurance as a development partner for Strongpoint, its flagship institutional custody product. The collaboration will explore how an institution's post-quantum security controls could be evaluated within digital asset insurance underwriting, helping both companies better understand how quantum readiness may influence future assessments of digital asset risk. As quantum computing advances, a sufficiently powerful machine could derive private keys from exposed public keys and compromise digital assets. Institutions need custody infrastructure capable of adapting its cryptography before such a machine becomes available. Strongpoint is built for that transition. The platform combines classical and post-quantum signing and separates institutional controls from the cryptography layer, enabling institutions to replace signing algorithms while preserving approval rules and audit history. "Every institution holding digital assets will eventually need to prepare for post-quantum cryptography. The open question is whether that transition happens on the institution's schedule or under pressure," said Alex Pruden, CEO and Co-Founder of Project Eleven. "Insurance plays a critical role in how markets assess and manage risk. We believe there is an opportunity for institutions that invest in stronger post-quantum defenses to eventually see that reflected in how their risk is evaluated. Working with Relm is an important first step toward understanding what that could look like in practice." Exploring Post-Quantum Risk in Insurance Underwriting Through the development partnership, Relm and Project Eleven will explore how post-quantum security could be assessed within existing digital asset insurance frameworks. Areas of investigation include key exposure, signing systems, transaction approvals, migration readiness, and third-party dependencies. Relm will also provide input into the design and development of Strongpoint, helping Project Eleven understand how institutional custody infrastructure can better support insurance underwriting and risk assessment. This collaboration will help inform Strongpoint's approach to security controls, auditability, and the evidence institutions may need to demonstrate their post-quantum readiness to insurers. Joseph Ziolkowski, founder and CEO of Relm Insurance, said, "Insuring exposures across the digital asset ecosystem requires underwriters to anticipate how risks will evolve. Quantum computing is a clear example of an emerging threat that should shape the way we assess risk today. Our work with Project Eleven will explore how institutions identify their exposure, demonstrate effective controls, and prepare for the transition to post-quantum readiness. Bringing underwriting expertise into that process early can help lay the groundwork for insurance solutions that support confidence, resilience, and continued growth in digital assets." The collaboration is exploratory, with a focus on developing a shared understanding of post-quantum risk and the controls that could help mitigate it. Any future implications for underwriting or insurance premiums would be subject to further evaluation and Relm's independent underwriting processes. About Project Eleven Project Eleven builds resilient infrastructure and tooling for the post-quantum era. The company develops scalable solutions that strengthen security across a rapidly evolving quantum threat landscape. With deep expertise in cryptography, blockchain, and financial systems, Project Eleven bridges advanced post-quantum research with real-world implementations that prepare the digital asset ecosystem for the future. For more information, visit www.projecteleven.com. About Relm Insurance The Relm Insurance group of companies comprises Relm Insurance Ltd., a Bermuda-domiciled specialty insurance carrier supporting emerging industries and next-generation technologies, and its affiliates. Relm Insurance was launched in 2019 to address the scarcity of insurance capacity available to high-growth markets, and plays an active role in bolstering the resilience of innovative industries. With offices in Bermuda, the US, UK, and MENA, Relm's unrivaled industry expertise and solutions-driven track record make it a highly sought-after risk partner for businesses and institutions operating at the forefront of various industries like web3, digital assets, AI, biotech, and the space economy. Relm Insurance provides A- rated paper, supporting businesses navigating complex and emerging risks. Media Contacts
Project Eleven, a post-quantum security company for digital assets, has named Relm Insurance as a development partner for Strongpoint, its institutional custody product. The two will explore how an institution's post-quantum security controls could factor into digital asset insurance underwriting. The concern is that a powerful enough quantum computer could derive private keys from exposed public keys. Strongpoint combines classical and post-quantum signing, letting institutions swap signing algorithms while keeping approval rules and audit history. The partners will examine key exposure, signing systems, transaction approvals, migration readiness, and third-party dependencies. Relm will also advise on Strongpoint's design. The work is exploratory. Any effect on underwriting or premiums would require further evaluation and Relm's independent underwriting processes.
RELM INSURANCE appoints Ankur Pandya as Senior Vice President - Financial Lines and Cyber. New York, NY, Sept. 30, 2026 (GLOBE NEWSWIRE) - Relm Insurance ('Relm'), the leading insurer focused on emerging industries, today announced the appointment of Ankur Pandya as Senior Vice President - Financial Lines and Cyber, reporting to Shane Doyle, Chief Underwriting Officer. Based in New York, Pandya will join Relm's US operations, with a focus on growing Relm's financial lines and cyber portfolios while maintaining underwriting discipline and long-term profitability. Pandya brings over 20 years of financial lines experience, with a particular focus on financial institutions. He joins Relm after 10 years at Chubb, where he held senior leadership and underwriting roles, led underwriting teams, managed complex portfolios, and developed relationships across the broker and client community. Prior to Chubb, Pandya spent 10 years at Travelers in underwriting and distribution roles. At Relm, Pandya will build on the company's existing capabilities, focusing on portfolio management, underwriting discipline, team development, and broker relationships as the business enters its next phase of growth. His experience across both underwriting and distribution will support Relm's continued expansion in the US market. "What attracted me to Relm was the combination of strong underwriting fundamentals and an entrepreneurial approach to evolving risks," said Pandya. "There's already a strong foundation in the US, and I see a real opportunity to build on that. For me, success means growing these portfolios profitably over the long term, bringing discipline to how we manage the business, and building a team that works hard, enjoys working together, and has strong relationships with brokers and clients." "Ankur has spent more than two decades in financial lines and understands what it takes to manage complex portfolios through different market conditions," said Shane Doyle, Relm's Chief Underwriting Officer. "He combines disciplined underwriting with a strong commercial mindset and longstanding relationships across the US market. We have ambitious plans for the business, and Ankur brings the leadership and experience needed to help us achieve them." ABOUT RELM INSURANCE The Relm Insurance group of companies comprises Relm Insurance Ltd., a Bermuda-domiciled specialty insurance carrier supporting emerging industries and next-generation technologies, and its affiliates. Relm Insurance was launched in 2019 to address the scarcity of insurance capacity available to high-growth markets and plays an active role in bolstering the resilience of innovative industries. Relm's unrivaled industry expertise and solutions-driven track record make it a highly sought-after risk partner for businesses and institutions operating at the forefront of various industries including web3, digital assets, AI, biotech, and the space economy. [email protected] Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Africa Finance Today do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
RELM INSURANCE appoints Sue Crawford to lead distribution strategy. * 3 hrs ago Ministers arrive at Downing Street for first Cabinet meeting with Andy Burnham New York, Aug. 18, 2026 (GLOBE NEWSWIRE) - Relm Insurance ('Relm'), the leading insurer focused on emerging industries, today announced the appointment of Sue Crawford as SVP - Head of Distribution reporting to Shane Doyle, Chief Underwriting Officer. Based in New York, Crawford will lead Relm's distribution efforts, working with brokers and underwriting teams as the company expands its product portfolio, sector reach, and international presence. Crawford joins Relm from Acrisure, where she managed the company's eight largest strategic carrier partnerships, connecting those carriers to Acrisure's full capabilities spanning wholesale, reinsurance, programs, and specialty. She brings over 25 years of experience developing distribution and insurer relationships across the US, London, and Australia / New Zealand markets, including senior roles at Aon and Marsh. Crawford takes over distribution strategy from Christian Capes-Davies, who has moved into a new role as Group Head of Innovation and Digital Capital. Crawford will focus on strengthening broker partnerships and bringing the company's products to a wider market. A key part of that work will be helping brokers identify where Relm's products can add value for their clients and creating clearer routes to market across emerging industries. "Emerging risks like digital assets, AI, and the new space economy aren't niche anymore; they're becoming core to how brokers serve their clients, and that's not slowing down. What excites me about Relm is the distribution side of that: getting the right people in the room early, so brokers and carriers aren't working these opportunities in silos. It's about building relationships that let us bring smarter, better-informed capacity to the table," said Crawford. "Sue has spent her career looking at distribution from multiple sides, and that perspective is incredibly valuable to us," said Doyle. "She understands how to bring brokers, carriers, and underwriting teams together around opportunities that might otherwise sit in separate parts of the market. As Relm grows, we want to make sure the breadth of what we offer is reaching the right brokers and that we are delivering solutions to their clients, and Sue has the relationships and commercial instincts to help us do that." ABOUT RELM INSURANCE The Relm Insurance group of companies comprises Relm Insurance Ltd., a Bermuda-domiciled specialty insurance carrier supporting emerging industries and next-generation technologies, and its affiliates. Relm Insurance was launched in 2019 to address the scarcity of insurance capacity available to high-growth markets and plays an active role in bolstering the resilience of innovative industries. Relm's unrivaled industry expertise and solutions-driven track record make it a highly sought-after risk partner for businesses and institutions operating at the forefront of various industries including web3, digital assets, AI, biotech, and the space economy. Relm Insurance Ltd. has earned a Financial Stability Rating of 'A, Exceptional' from Demotech.
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Industries
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Hamilton, Bermuda
Founded
2019
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs