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Relm Starts With Insurance For Cannabis And Crypto Businesses
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Author Topic: Relm Starts With Insurance For Cannabis And Crypto Businesses  (Read 360 times)
Alexane Johnson
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Mar 04, 2020 12:38 AM

Relm has formally started its operations. The first businesses it would concentrate on providing insurance solutions in the area of cryptocurrencies and cannabis.

According to a report, the new company is led by Joe Ziolkowski, the CEO and Keyla Roman, Vice President of Operations. Deltec International Group has also owned it.




Goals Of Relm
Relm tried to serve the insurance needs of business sectors, which were new to the market but destined to become notable in future.

Cannabis and crypto business insurance is first but would be followed by areas like digital banking, the gig and sharing economy, as well as AI and autonomous vehicles.

The first 5 product areas that Relm would concentrate on: 1. Tailored DAC(Digital Asset Custody) insurance programme for cryptocurrency custodians and service providers that would offer Digital Asset Custody for a short period.   2. Directors and officers' responsibility for crypto-asset businesses and cannabis/hemp businesses. The crypto business would include a private business product that would cover alternative Side A solutions and token issuances.  3. Miscellaneous professional liability coverage that could be designed to support advisors and service providers in several capabilities within both the cannabis/hemp and crypto-asset spaces.

4. Cyber cover for developing business areas.

5. Commercial Crime for developing business areas.

For the cannabis and hemp area, insurance products for bailees exposure and living plant coverage are under development.

Statements From Ziolkowski And Sagalow
Ziolkowski cited that their focus was on offering insurance coverage to reliable firms in developing business sectors, and they truly learned how challenging it could be to get excellent business support and affordable cover, which is why Relm's proposal to the marketplace is so important.

Moreover, Ty Sagalow, a founding member of Lemonade and Relm Insurance's independent non-executive director, cited he was proud to be invited on the board of Relm as it stepped up to provide appropriate insurance products to developing business sectors.

source>>https://www.cryptoknowmics.com/news/relm-starts-with-insurance-for-cannabis-and-crypto-businesses
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henrywilson
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Reply #1: Sep 20, 2020 07:02 AM

I have a feeling that if the cryptocurrency and cannabis business combine it will be the biggest and highest paid business in the world because these two types of marketing have become incredibly popular today thanks to self isolation and high speed Internet. As well as growing marijuana at home, and mining crypto in the network is quite profitable. That is why it is important to have at hand the most useful and necessary tools, for example, 1000W LED Grow Light which is an indispensable equipment for growing such plants as marijuana
Is there something more I should know before the purchase?
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