Key Takeaways:

• Relm Insurance launched a K&R product to protect web3 and cannabis leaders from rising physical threats.
• Crypto attacks from 2024 to 2026 comprise over 33% of all-time sector violence, driving niche demand.
• Clients gain a 10% mitigation allowance for proactive training and 24/7 access to security directors.

Relm Responds to Targeted Threats in Frontier Industries

Bermuda-based Relm Insurance has launched a specialized kidnap and ransom (K&R) insurance product tailored for the Web3 and cannabis sectors. The move marks a shift in the specialty insurance market, addressing a new class of risk that traditional providers have largely avoided.

The launch is a response to a sharp increase in violent crime targeting