What Are the Key Differences Between Alliance Risk and Relm Insurance Crime Insurance?
Digital-Asset Theft Versus Conventional Theft
Relm offers Commercial Crime alongside separate Digital Asset Crime and Smart Contract Crime products, and covers embezzlement, forgery and funds-transfer fraud as well as crime tied to digital infrastructure. Alliance Risk lists employee theft, check forgery, fraudulent funds transfer, social-engineering impersonation and burglary, with client-property theft by endorsement, and excludes hacking. Choose Relm if you hold crypto or run a DeFi protocol; choose Alliance Risk if your exposure is cash, payments or staff with access to your bank accounts. [5] [2]
How You Buy and What It Costs
Relm sells crime only through insurance brokers, so you'll need a broker to reach it. Alliance Risk is itself the broker and publishes typical annual premiums, from $500–$2,000 for small businesses to $10,000–$50,000 or more for large enterprises, though no limits. Relm's crime page shows neither. [5] [2]
What Should You Confirm in Alliance Risk and Relm Insurance Crime Insurance Quotes?
- Ask Relm whether you're being quoted Commercial Crime, Digital Asset Crime or Smart Contract Crime. [5]
- If you hold digital assets, ask Alliance Risk how a wallet theft would be treated, given it sends hacking to cyber. [2]
- Get the issuing insurer, limit and retention from both; neither publishes them. [5] [2]
- Check both forms for losses discovered after the policy ends and for owner dishonesty. [2] [5]