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03 March 2020
London
Reporter Maddie Saghir

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Relm to launch digital asset custody insurance

New business Relm has launched to help service the insurance needs of business sectors which are new to the economy, such as digital asset (cryptocurrency) enterprises and cannabis and hemp-related businesses.

One of the first five products that Relm will offer includes a tailored digital asset custody insurance programme for digital asset custodians and/or service providers that provide short-term digital asset custody.

The new business, which is owned by Deltec International Group, will be led by CEO Joe Ziolkowski and operations vice president Keyla Roman.

In the future, Relm plans to offer insurance solutions to new sectors including digital banking, the sharing and gig economy, autonomous vehicles and artificial intelligence.

Commenting on the new business, Ziolkowski said: “Our focus is on providing insurance coverage to solid companies in emerging business sectors. We truly understand how challenging it can be to get affordable cover and great business support, which is why Relm’s proposition to the marketplace is so critical.”

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