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Aon, Nayms & Relm aim to open capital markets to digital asset & crypto risks

March 3, 2021


Insurance and reinsurance broker Aon, working with cryptocurrency and smart contract focused insurtech start-up Nayms and Bermuda specialist insurer Relm, aims to open up the capital markets to digital asset risk, to source risk capacity for the burgeoning crypto space.

digital-assetThere have been a number of initiatives that have looked into leveraging crypto protocols such as Bitcoin or Ether, as a way to enable institutional investors to support cryptocurrency insurance products.

Typically these have involved sale of niche tokens to support a pseudo sale of an insurance-linked security (ILS), of sorts, but in the majority of cases these have failed to source any significant amount of capacity.

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