Relm partners with NetDiligence on cyber risk

Bermudian player Relm Insurance has partnered with NetDiligence to deliver cyber risk monitoring for policyholders.

Launched in 2019, Relm is a Bermuda-domiciled specialty insurance carrier serving emerging industries, with a focus on digital assets/Web3.0, cannabis and psychedelics.

The partnership will see the company deliver a suite of cyber risk monitoring solutions to policyholders via automated enrolment through NetDiligence’s eRiskHub.

The eRiskHub is a platform specifically designed for the prevention, reporting, and recovery of losses caused by cyber incidents.

Donavan Burgess, senior vice president and underwriter of digital assets, cyber and professional lines at Relm, said, “Effective cyber risk management is no longer optional — it’s essential. As cyber threats continue to evolve, our policyholders must stay one step ahead to protect their businesses and reputation.”

“That’s why we’re proud to announce the addition of NetDiligence’s eRiskHub to our comprehensive cyber risk policy. With its up-to-the-minute data and powerful educational tools, eRiskHub empowers our policyholders to understand and manage their unique cyber risk exposures, develop a robust cyber readiness plan, and minimize the devastating impact of a breach.”