DIC solution offered by Relm Insurance –

A more tailor-made solution offered by Relm Insurance Relm Insurance, here are the details;

(“Relm”), a leading specialty insurance company supporting emerging and innovative industries, announced the launch of its Side A Difference in Conditions (DIC) solution.

Relm’s Side A DIC solution was created for clients who have been unable to obtain sufficient limits or consistent terms in their Directors and Officers (D&O) liability program due to their operations on challenging and emerging markets.

This proprietary product goes beyond “non-compensable losses” to provide clients with a range of first-party expenses, up to two reinstatements and bankruptcy protection, while filling critical gaps in their liability coverage. underlying.

“Our clients and brokerage partners often ask us to provide an additional Side A limit and rewrite exclusions that have been applied to the underlying coverage by markets that have limited understanding or appetite for innovators. We are proud to underwrite flexibly and meet these needs with our Side A DIC solution which provides an additional layer of protection,” said Claire Davey, Head of Product Innovation and Emerging Risks at Relm Insurance.

This new offering follows Relm’s recent product launches, including a distinct Web3 product suite and comprehensive employment practices offering; as the company continues to aggressively develop and expand its product line.

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