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Technology news

Relm Insurance launches new product suite


09 July 2025 Bermuda
Reporter: Zarah Choudhary

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Image: НатальяДобровольска/stock.adobe.com
Relm Insurance, an insurer for emerging and innovative industries, announced today the launch of OMEGAFINTECH and NOVAFINTECH, which aims to eliminate coverage gaps within streamlined policies built for financial innovators.

Relm’s new product suite combines critical coverages into a unified structure, OMEGAFINTECH. It is built for companies that deliver financial services through technology. NOVAFINTECH on the other hand is tailored for fintech enablers and includes all OMEGAFINTECH protections, minus financial services and management liability

Joseph Ziolkowski, CEO and founder of Relm Insurance, says: “Many fintechs are scaling fast and taking on complex risk — but traditional insurance hasn’t kept pace. With OMEGAFINTECH and NOVAFINTECH, we’re helping them close critical gaps and build resilience where it matters most.”

Claire Davey, head of Product Innovation and Emerging Risk at Relm notes: “Findings from our research and stakeholder engagement suggested there was a clear need for policies that reflect the reality of how modern fintechs operate.

“OMEGAFINTECH and NOVAFINTECH are the result of that process — cohesive, technically sound coverages that address overlapping exposures in a single structure, helping our clients navigate risk with fewer gaps and greater clarity.”
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