New insurance company Relm provides insurance for digital assets

According to the Insurance Journal, Bermuda-based insurance company Relm, which specializes in emerging business categories, has begun operations. The new business, led by CEO Joe Ziolkowski and Vice President of Operations Keyla Roman, is owned by the Bahamas-based independent financial services group Deltec International Group, which also provides underwriting capabilities to Relm. Relm will first focus on digital asset (cryptocurrency) businesses. In the future, Relm plans to provide insurance solutions for new areas such as digital banking, sharing and gig economy, autonomous transportation and artificial intelligence.