What Are the Key Differences Between Foxquilt and Relm Insurance Crime Insurance?
Relm’s commercial-crime description spans traditional theft scenarios and risks associated with digital infrastructure and alternative asset models. Foxquilt’s page centers its examples on money and securities lost through inside or outside theft, including employee dishonesty, fraud and forgery. A company with digital assets should test the proposed crime wording against the actual asset and transaction at risk. [4] [3]
Traditional theft scenarios
Both descriptions name fraud-related loss. Relm specifically lists embezzlement, forgery and funds-transfer fraud; Foxquilt describes employee dishonesty and other theft affecting money or securities. The overlap is useful for framing a discussion, but neither product summary is a policy definition. Ask each provider to show the applicable insuring agreement and covered-property definition. [4] [3]
Digital-infrastructure exposure
Relm’s cited commercial-crime page explicitly connects its discussion to digital infrastructure and alternative asset models. Foxquilt’s crime page describes employee dishonesty and theft involving money and securities, while Relm also names digital infrastructure and alternative-asset risks. Those summaries do not decide how a particular form treats a digital asset; ask how the proposed wording addresses tokens, platform balances or custody arrangements relevant to your business. [4] [3]