Specialty insurer Relm Insurance Ltd. (“Relm”) announces an expansion of its strategic fronting partnership with Trisura Specialty Insurance Company (“Trisura”), enabling the Bermuda-domiciled carrier to provide capacity in support of AM-Best rated paper for U.S. digital asset risks.
Trisura, rated A- by AM Best, is a leading international specialty insurance provider operating in the surety, risk solutions, corporate insurance, fronting and reinsurance segments of the market. The full-fronting agreement with Trisura will span Relm’s book, enabling the carrier to provide U.S. digital asset businesses with a range of Financial and Professional Lines and specialty coverage solutions (including D&O, Cyber, Tech E&O, Crime, and more) on AM Best rated paper. Howden Broking Group will serve as the reinsurance broker.
“We’re thrilled to collaborate with Trisura — one of the most trusted names in insurance — to enhance our underwriting capacity and scale our product offerings across the US,” said Drew Taylor, VP of Financial and Professional Lines at Relm.
In addition to the fronting agreement with Trisura, Relm has fortified its product offerings through several other recently-announced partnerships. In November, the carrier announced a strategic partnership with cyber-risk analytics platform CyberCube to strengthen its cyber underwriting capabilities with advanced machine learning and artificial intelligence.
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