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

Relm Insurance lists commercial crime alongside digital-asset and smart-contract crime and sells through brokers; Embroker sells a standalone crime policy covering employee theft, forgery and social engineering fraud.

Embroker fits businesses seeking standalone crime or a BOP/D&O add-on with detailed exclusions; Relm is more relevant when you hold digital assets or face flash-loan and oracle-manipulation attacks. ^1,²

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

For losses involving digital infrastructure, Relm names flash loans and oracle manipulation in its underwriting considerations; Embroker’s published peril list focuses on more traditional theft, fraud and money laundering. Compare the actual form for your asset type. ² ¹

Traditional Form Versus Digital-Asset Crime Suite

Embroker sells commercial crime as a standalone policy or as a BOP or D&O endorsement. Relm lists Commercial Crime as one of three crime products alongside Digital Asset Crime and Smart Contract Crime, and sells through brokers rather than a direct online quote. ¹ ²

What Each Describes as In and Out

Embroker lists shoplifting and embezzlement, third-party theft, forgery, digital fraud, money laundering, counterfeit currency and social-engineering fraud, then excludes income loss, indirect losses, executive-employee collusion, third-party liabilities from crime, and cybercrime involving stolen patents, trade secrets or customer lists. Relm’s commercial crime addresses embezzlement, forgery and funds-transfer fraud plus crime risks tied to digital infrastructure, and its underwriting considers flash-loan attacks and oracle manipulation. Relm says coverage is relevant for any business that holds fiat or digital assets. ¹ ²

Fidelity Bonds and Issuer Names

Embroker distinguishes fidelity bonds that can reimburse customers from crime policies that typically carry higher limits. Relm’s reviewed page does not discuss fidelity bonds and does not name a specific issuing insurer. Embroker’s crime page uses a general Get a Quote link. ¹ ²

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

Ask Relm which of its three crime products is on the quote if you hold digital assets. ²
Ask Embroker whether the quote is standalone, an endorsement, or a fidelity bond. ¹
Compare Embroker’s patent/trade-secret cybercrime exclusion with Relm’s digital-infrastructure wording. ¹ ²
Get the issuing insurer from both quotes. ¹ ²

Embroker vs Relm Insurance Crime Insurance Compared

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

Criteria	Embroker Commercial Crime Insurance	Relm Commercial Crime Insurance
Who It’s For	Embroker points to businesses that hire part-time staff, handle cash transactions, manage inventory or expensive equipment, or handle customer data and digital transactions as more exposed and more likely to need the coverage. ¹Company-reported. Product-page 'Who benefits most' section; not a formal underwriting appetite statement.	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. ²Company-reported. Crime page 'Who Needs Crime Coverage?' section; not a guarantee of eligibility for a particular company.
Coverage Features	Embroker lists coverage for employee theft (including shoplifting, embezzlement and larceny), third-party theft, forgery, digital fraud, money laundering, counterfeit currency and social engineering fraud. ¹Company-reported. Product-page What's covered section; the issued policy and declarations control. Embroker says the policy excludes loss of income, indirect losses, crimes committed by executives or partners in coordination with employees, third-party liabilities from crime losses, and cybercrime losses involving stolen patents, trade secrets or customer lists. ¹Company-reported. Product-page What's not included section. Embroker distinguishes fidelity bonds from crime insurance: it says a crime policy typically carries higher limits, while a fidelity bond can reimburse customers who suffer crime-related damages. ¹Company-reported. Product-page FAQ comparing fidelity bonds and commercial crime insurance.	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. ²Company-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. ²Company-reported. Crime page 'What Crime Risks Do Innovative Companies Face?' section; describes underwriting focus, not specific policy wording.
Role in This Line	Embroker sells commercial crime as a standalone policy and says smaller businesses sometimes add crime coverage as an endorsement to a BOP or a directors and officers policy instead. ¹Company-reported. Product-page description; not a statement about the issuing insurer.	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. ²Company-reported. Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement.

Criteria

Embroker Commercial Crime Insurance

Relm Commercial Crime Insurance

Who It’s For

Embroker points to businesses that hire part-time staff, handle cash transactions, manage inventory or expensive equipment, or handle customer data and digital transactions as more exposed and more likely to need the coverage. ¹Company-reported. Product-page 'Who benefits most' section; not a formal underwriting appetite statement.

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. ²Company-reported. Crime page 'Who Needs Crime Coverage?' section; not a guarantee of eligibility for a particular company.

Coverage Features

Embroker lists coverage for employee theft (including shoplifting, embezzlement and larceny), third-party theft, forgery, digital fraud, money laundering, counterfeit currency and social engineering fraud. ¹Company-reported. Product-page What's covered section; the issued policy and declarations control.

Embroker says the policy excludes loss of income, indirect losses, crimes committed by executives or partners in coordination with employees, third-party liabilities from crime losses, and cybercrime losses involving stolen patents, trade secrets or customer lists. ¹Company-reported. Product-page What's not included section.

Embroker distinguishes fidelity bonds from crime insurance: it says a crime policy typically carries higher limits, while a fidelity bond can reimburse customers who suffer crime-related damages. ¹Company-reported. Product-page FAQ comparing fidelity bonds and commercial crime insurance.

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. ²Company-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. ²Company-reported. Crime page 'What Crime Risks Do Innovative Companies Face?' section; describes underwriting focus, not specific policy wording.

Role in This Line

Embroker sells commercial crime as a standalone policy and says smaller businesses sometimes add crime coverage as an endorsement to a BOP or a directors and officers policy instead. ¹Company-reported. Product-page description; not a statement about the issuing insurer.

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. ²Company-reported. Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement.