Coalition vs Relm: Commercial Crime Insurance

Coalition fits private and nonprofit U.S. organizations seeking crime within Executive Risks; Relm is more relevant if your business holds digital assets or runs smart contracts, with underwriting that considers flash-loan attacks and oracle manipulation.

Sources consulted

01
Commercial Insurance Guide
California Department of Insurance · Crime · accessed 2026-09-16
02
Social Engineering Fraud Insurance
Chubb · Opening; coverage highlights · accessed 2026-09-16
03
Executive Risks
Coalition · Product Offering: Crime — covers losses that result from various criminal activities, including theft, fraud, and certain cybercrimes* (exclusions and limitations apply; see disclaimers and the policy as issued); FAQ: What type of businesses do you protect?, What limits do you offer?, What resources do you have for policyholders? · accessed 2026-09-23
04
U.S. Disclaimers
Coalition · Admitted Executive Risk: insurance products offered by Coalition Insurance Solutions, Inc. acting on behalf of unaffiliated insurance companies and, on an admitted basis, on behalf of Zurich American Insurance Company (NAIC # 16535) · accessed 2026-09-23
05
Crime Insurance
Relm Insurance · What is Commercial Crime Coverage?; What Crime Risks Do Innovative Companies Face?; Who Needs Crime Coverage? · accessed 2026-09-23
06
Crime Terms and Conditions
The Travelers Companies, Inc. · I.A–G, printed/PDF pages 1–4; III.RR, printed/PDF p.13; V.B.1–2, printed/PDF pp.18–20; Consideration, printed/PDF p.1; III.P p.8; V.A.3 pp.16–17; V.A.4 p.17; V.B.3 p.20; I.A.3 p.1; III.C p.7; III.S pp.8–9; III.II and III.KK p.12; III.QQ p.13; V.A.5 pp.17–18 (printed/PDF pages); IV.J–O, printed/PDF pages 14–15 · accessed 2026-09-16
07
Crime Non-Financial Applications and Forms
Travelers · Opening paragraph; Sample Policy Forms · accessed 2026-09-16
08
Commercial Crime Coverage Application
Travelers Casualty and Surety Company of America · I–III pages 1–2; IX–XI pages 3–4; V–VII, printed/PDF pages 2–3 · accessed 2026-09-16

What Are the Key Differences Between Coalition and Relm Insurance Crime Insurance?

The difference matters most if a theft could involve a crypto wallet or smart contract: Relm names those attack methods, while Coalition describes theft, fraud and certain cybercrimes in a broader Executive Risks product. Coalition also publishes buyer size ceilings and a possible $10 million per-line limit. [3]

Traditional Executive-Risks Crime Versus Three Relm Crime Products

Coalition designs crime as one Executive Risks coverage sold through appointed brokers. Relm lists Commercial Crime as one of three crime products on its line-of-business page, alongside Digital Asset Crime and Smart Contract Crime, and sells through brokers. Choose Relm if your business holds digital assets or uses smart contracts; choose Coalition if you are an eligible private or nonprofit buyer seeking crime inside Executive Risks. [3] [5]

Cybercrime Wording Versus DeFi Attack Methods

Coalition says crime responds to theft, fraud and certain cybercrimes, subject to exclusions. Relm’s commercial crime addresses embezzlement, forgery and funds-transfer fraud plus crime risks tied to digital infrastructure, and Relm says underwriting considers flash-loan attacks that drain DeFi liquidity and oracle manipulation of smart contracts. [3] [5]

Who Each Product Is Aimed At

Coalition’s FAQ names private and not-for-profit U.S. organizations with employee, asset and plan-asset ceilings, and a possible $10 million per-line limit. Relm says crime is relevant for any business that holds fiat or digital assets. Relm’s reviewed page does not name an issuing insurer; Coalition names Zurich American for admitted Executive Risks. [3] [4] [5]

What Should You Confirm in Coalition and Relm Insurance Crime Insurance Quotes?

If you hold digital assets or run smart contracts, ask Relm which of its three crime products applies; Coalition’s Executive Risks page does not describe DeFi attack methods. [5] [3]
Get Relm’s issuing insurer and Coalition’s Zurich versus surplus route. [5] [4]
Compare Relm’s funds-transfer and digital-infrastructure wording with Coalition’s “certain cybercrimes” language on the issued forms. [5] [3]
Confirm you fit Coalition’s private or not-for-profit size caps if you are quoting that program. [3]

Crime coverage

Coalition

role: Coalition designs and distributes crime insurance as one of four coverages in its Executive Risks product suite, sold through appointed brokers. Executive Risks product page as read on 2026-09-23.company-reportedSource ↗
coverage: Coalition says its crime coverage responds to losses from criminal activities including theft, fraud, and certain cybercrimes, flagged on the page as subject to exclusions and limitations. Executive Risks product page as read on 2026-09-23; the issued policy controls which cybercrime scenarios are actually covered.company-reportedSource ↗
eligibility: Coalition says Executive Risks products, including crime, are available to private and not-for-profit U.S. organizations in all 50 states and Washington, D.C., with up to $500 million in assets, up to 1,000 employees, and up to $500 million in plan assets. Executive Risks FAQ as read on 2026-09-23.company-reportedSource ↗
limits: Coalition says limits up to $10 million per coverage line may be available for Executive Risks products, including crime, subject to exclusions and limitations. Executive Risks FAQ as read on 2026-09-23; not a quoted or bindable limit for any specific applicant.company-reportedSource ↗
insurer: Coalition's disclaimer names Zurich American Insurance Company (NAIC 16535) as the admitted carrier for Executive Risks, and says Coalition Insurance Solutions, Inc. also places Executive Risks with unaffiliated insurers on a non-admitted basis, so the carrier for a specific crime policy depends on the placement route. U.S. Disclaimers page as read on 2026-09-23.company-reportedSource ↗
application: Coalition distributes Executive Risks, including crime, only through appointed insurance brokers rather than direct to buyers. Executive Risks product page as read on 2026-09-23.company-reportedSource ↗

Relm Insurance

role: Relm lists Commercial Crime as one of three crime products (alongside Digital Asset Crime and Smart Contract Crime, covered in Relm's separate digital-assets offering record) on its crime insurance line-of-business page. Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement.company-reportedSource ↗
eligibility: Relm says crime coverage is relevant for any business that holds assets, whether fiat or digital, arguing that even strong security controls leave a gap the insurance can close. Crime page 'Who Needs Crime Coverage?' section; not a guarantee of eligibility for a particular company.company-reportedSource ↗
coverage: Relm's commercial crime coverage addresses traditional theft such as embezzlement, forgery and funds transfer fraud, alongside crime risks tied to digital infrastructure and alternative asset models. Crime page 'What is Commercial Crime Coverage?' section; the issued policy and declarations control.company-reportedSource ↗
coverage: Relm says its crime underwriting considers emerging attack methods such as flash-loan attacks that drain DeFi protocol liquidity and oracle manipulation that tricks smart contracts into faulty decisions, in addition to legacy fraud vulnerabilities. Crime page 'What Crime Risks Do Innovative Companies Face?' section; describes underwriting focus, not specific policy wording.company-reportedSource ↗
insurer: The reviewed page does not name a specific issuing insurer for commercial crime placements. Line-of-business page as read on 2026-09-23; a specific placement's insurer is product- and jurisdiction-specific.not-disclosedSource ↗
application: Relm sells crime insurance coverage through insurance brokers; its reviewed pages do not describe a direct online quote. Crime page framing; consistent with Relm's broader broker-distribution model.company-reportedSource ↗