CFC vs Relm Insurance: How Do They Compare for Crime Insurance?

CFC includes crime in its US management liability package and separately sells it in its fintech package; Relm Insurance lists commercial crime among three crime products, sold through insurance brokers, and pitches it to any business holding traditional money or digital assets.

Relm offers separate Digital Asset Crime and Smart Contract Crime products for those exposures; CFC packages conventional crime with management liability and excludes California-domiciled and U.S. public companies. ^1,^2,⁶

What Are the Key Differences Between CFC and Relm Insurance Crime Insurance?

Digital-Asset Risks Versus Employee and Funds-Transfer Crime

Relm lists Digital Asset Crime and Smart Contract Crime separately from Commercial Crime, and says its underwriting considers flash-loan attacks that drain DeFi protocol liquidity and oracle manipulation that tricks smart contracts. CFC’s management package lists employee theft, funds-transfer fraud, credit-card and currency fraud, client crime and on- or off-premises theft; it separately describes crime in its fintech offering. Choose Relm if your business holds digital assets or operates a DeFi protocol; choose CFC if you need traditional employee or funds-transfer crime in a management package and meet its eligibility. ⁶ ¹ ³

Traditional Theft Versus Digital-Infrastructure Risks

Relm’s commercial crime coverage addresses embezzlement, forgery and funds-transfer fraud alongside digital-infrastructure risks; CFC lists employee theft, funds-transfer fraud, credit-card and currency fraud, client crime and on- or off-premises theft without those digital-asset examples. ⁶ ¹

Who It Is For

Relm says crime coverage is relevant for any business that holds assets, whether fiat or digital. CFC’s brochure lists California-domiciled business and US publicly traded companies among declined risks for the package that carries this crime coverage. ⁶ ¹

How You Buy and Who Issues

Relm sells crime insurance through insurance brokers; its reviewed pages do not describe a direct online quote. CFC provides a US claim-notification route and a dedicated adjuster. Neither Relm’s crime page nor CFC’s regulatory page names the issuing insurer for a given commercial crime policy. ⁶ ⁵ ⁴

What Should You Confirm in CFC and Relm Insurance Crime Insurance Quotes?

Ask Relm whether you are quoting Commercial Crime or Digital Asset / Smart Contract Crime. ⁶
Ask whether flash-loan or oracle-manipulation exposures are in scope on the Relm form. ⁶
Ask CFC whether crime is the management or fintech package, and whether California or public-company status is a decline. ¹ ³
Get the issuing insurer from both. ⁶ ⁴

CFC vs Relm Insurance Crime Insurance Compared

CFC vs Relm Insurance: Crime Insurance: documented features by provider

Criteria	CFC Crime	Relm Commercial Crime Insurance
Who It’s For	CFC's brochure lists California-domiciled business and US publicly traded companies among the risks it declines for the package that carries this crime coverage. ¹Company-reported. Brochure's 'What we decline' list; underwriting still applies to any individual business.	Relm says crime coverage is relevant for any business that holds assets, whether fiat or digital, arguing that even strong security controls leave a gap the insurance can close. ⁶Company-reported. Crime page 'Who Needs Crime Coverage?' section; not a guarantee of eligibility for a particular company.
Coverage Features	CFC's brochure describes company crime cover including employee theft, funds transfer fraud, and credit card and currency fraud. ¹Company-reported. Brochure's 'Crime cover' description; the issued policy wording determines the actual insuring agreements and any sub-limits. The brochure also lists client crime, meaning fraud by clients or their staff, and on-premises and off-premises theft, as part of the crime section. ¹Company-reported. Brochure's 'Crime cover' description. CFC separately sells crime coverage for employee infidelity and third-party fraud within its fintech package. The reviewed pages do not state whether that fintech crime coverage is the same crime coverage sold inside the management-liability package. ^3,¹Company-reported. Fintech product page compared against the management-liability brochure; both accessed 2026-09-23. This does not establish overlap or difference in wording between the two products.	Relm's commercial crime coverage addresses traditional theft such as embezzlement, forgery and funds transfer fraud, alongside crime risks tied to digital infrastructure and alternative asset models. ⁶Company-reported. Crime page 'What is Commercial Crime Coverage?' section; the issued policy and declarations control. Relm says its crime underwriting considers emerging attack methods such as flash-loan attacks that drain DeFi protocol liquidity and oracle manipulation that tricks smart contracts into faulty decisions, in addition to legacy fraud vulnerabilities. ⁶Company-reported. Crime page 'What Crime Risks Do Innovative Companies Face?' section; describes underwriting focus, not specific policy wording.
Role in This Line	CFC includes crime coverage inside its US Management Liability package. The reviewed management-liability materials do not offer it as a standalone product within that package. ^1,²Company-reported. Management-liability product page and brochure; package composition as CFC describes it.	Relm lists Commercial Crime as one of three crime products (alongside Digital Asset Crime and Smart Contract Crime, covered in Relm's separate digital-assets offering record) on its crime insurance line-of-business page. ⁶Company-reported. Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement.

Criteria

CFC Crime

Relm Commercial Crime Insurance

Who It’s For

CFC's brochure lists California-domiciled business and US publicly traded companies among the risks it declines for the package that carries this crime coverage. ¹Company-reported. Brochure's 'What we decline' list; underwriting still applies to any individual business.

Relm says crime coverage is relevant for any business that holds assets, whether fiat or digital, arguing that even strong security controls leave a gap the insurance can close. ⁶Company-reported. Crime page 'Who Needs Crime Coverage?' section; not a guarantee of eligibility for a particular company.

Coverage Features

CFC's brochure describes company crime cover including employee theft, funds transfer fraud, and credit card and currency fraud. ¹Company-reported. Brochure's 'Crime cover' description; the issued policy wording determines the actual insuring agreements and any sub-limits.

The brochure also lists client crime, meaning fraud by clients or their staff, and on-premises and off-premises theft, as part of the crime section. ¹Company-reported. Brochure's 'Crime cover' description.

CFC separately sells crime coverage for employee infidelity and third-party fraud within its fintech package. The reviewed pages do not state whether that fintech crime coverage is the same crime coverage sold inside the management-liability package. ^3,¹Company-reported. Fintech product page compared against the management-liability brochure; both accessed 2026-09-23. This does not establish overlap or difference in wording between the two products.

Relm's commercial crime coverage addresses traditional theft such as embezzlement, forgery and funds transfer fraud, alongside crime risks tied to digital infrastructure and alternative asset models. ⁶Company-reported. Crime page 'What is Commercial Crime Coverage?' section; the issued policy and declarations control.

Relm says its crime underwriting considers emerging attack methods such as flash-loan attacks that drain DeFi protocol liquidity and oracle manipulation that tricks smart contracts into faulty decisions, in addition to legacy fraud vulnerabilities. ⁶Company-reported. Crime page 'What Crime Risks Do Innovative Companies Face?' section; describes underwriting focus, not specific policy wording.

Role in This Line

CFC includes crime coverage inside its US Management Liability package. The reviewed management-liability materials do not offer it as a standalone product within that package. ^1,²Company-reported. Management-liability product page and brochure; package composition as CFC describes it.

Relm lists Commercial Crime as one of three crime products (alongside Digital Asset Crime and Smart Contract Crime, covered in Relm's separate digital-assets offering record) on its crime insurance line-of-business page. ⁶Company-reported. Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement.