Embroker vs Relm Insurance: How Do They Compare for Tech E&O Insurance?

Relm Insurance offers a Fintech E&O product addressing blockchain-related vulnerabilities, apart from its cyber product. Embroker blends Tech E&O and cyber in one policy, but its broker program excludes crypto and blockchain businesses.

Relm keeps Tech E&O separate from cyber and offers a Fintech E&O product for blockchain and regulatory exposure; Embroker sells one blended Tech E&O and cyber policy up to $5 million to tech firms under $300 million in revenue, but excludes crypto and blockchain businesses. ^1,^2,³

What Are the Key Differences Between Embroker and Relm Insurance Tech E&O Insurance?

Fintech and Blockchain Cover vs a Blended Policy That Excludes Them

Relm says standard Tech E&O is not always enough for fintech, and offers a distinct Fintech E&O product for blockchain-related vulnerabilities and heightened regulatory scrutiny. Embroker sells Tech E&O and cyber as one blended policy, directly or through appointed brokers, with limits up to $5 million, but its broker program excludes crypto, blockchain and cannabis businesses and requires revenue under $300 million. Choose Relm through your broker if you are a fintech or blockchain company; choose Embroker if you are a mainstream software company that wants E&O and cyber in one policy. ³ ¹ ²

Separate Lines vs One Form With Conflicting IP Terms

Relm markets Tech E&O as professional liability separate from cyber and says the two overlap but neither replaces the other, so you may need both. Embroker's retail pages exclude IP infringement, while its broker program advertises software-code infringement cover. If IP claims worry you, get Embroker's actual form before you buy. ³ ¹ ²

What Should You Confirm in Embroker and Relm Insurance Tech E&O Insurance Quotes?

Ask Relm whether your quote is Tech E&O, cyber, both, or Fintech E&O. ³
Get Embroker's IP wording on the proposed form. ¹ ²
Check Embroker's revenue and excluded-industry rules before applying. ²
Compare Embroker's $5 million limit with the limit on Relm's quote. ² ³

Embroker vs Relm Insurance Tech E&O Insurance Compared

Embroker vs Relm Insurance: Tech E&O Insurance: documented features by provider

Criteria	Embroker Technology Errors and Omissions / Cyber Insurance	Relm Technology Errors and Omissions Insurance
Who It’s For	Embroker's broker program targets private, for-profit technology companies (including fintech, AI, digital health, HR tech and SaaS) with under $300 million in revenue, requires multifactor authentication for accounts above $5 million in revenue, and excludes businesses involved in crypto, blockchain or cannabis. ²Company-reported. Broker Access appetite page; not a guarantee of eligibility for a particular business, and may differ from retail underwriting appetite.	Relm says a business is exposed if it delivers software or tech services, citing risks from AI models making biased decisions, model theft, or data poisoning as examples of the kinds of claims that can arise. ³Company-reported. Cyber and Tech E&O page framing; not a guarantee of eligibility for a particular company.
Coverage Features	Embroker lists coverage for cyber liability (data breaches, cyber theft, cyber vandalism), professional negligence from product or tech errors, software or hardware defects, breach of contract, and losses from a delayed product launch. ¹Company-reported. Retail product-page What's covered section; the issued policy and declarations control.	Relm says Tech E&O covers claims relating to inadequate service delivery or failure to meet contractual obligations, system failures or software glitches affecting customers' operations, and negligent advice, misrepresentation or failure to disclose product limitations, typically including legal defense fees, settlements and judgments. ³Company-reported. Cyber and Tech E&O page 'What is Tech E&O Insurance?' section; the issued policy and declarations control. Relm says standard Tech E&O is not always sufficient for fintech companies and offers a distinct Fintech Errors and Omissions product addressing blockchain-related vulnerabilities and heightened regulatory scrutiny. ³Company-reported. Cyber and Tech E&O page 'What is Fintech Errors and Omissions Insurance?' section; a related but separate product. Relm explicitly says there is some overlap between Tech E&O and cyber coverage, but having one does not protect a client from the exposures the other addresses. ³Company-reported. Cyber and Tech E&O page 'Who Needs Cyber and Tech E&O Insurance?' section.
Role in This Line	Embroker sells Tech E&O/Cyber as a single blended policy directly to technology companies and also distributes it through appointed brokers via its Embroker Access broker portal. ^1,²Company-reported. Retail and broker-facing page descriptions; not a statement about the issuing insurer.	Relm markets Technology Errors and Omissions as professional liability for the technology sector, separate from the cyber liability product on the same page. ³Company-reported. Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement.

Criteria

Embroker Technology Errors and Omissions / Cyber Insurance

Relm Technology Errors and Omissions Insurance

Who It’s For

Embroker's broker program targets private, for-profit technology companies (including fintech, AI, digital health, HR tech and SaaS) with under $300 million in revenue, requires multifactor authentication for accounts above $5 million in revenue, and excludes businesses involved in crypto, blockchain or cannabis. ²Company-reported. Broker Access appetite page; not a guarantee of eligibility for a particular business, and may differ from retail underwriting appetite.

Relm says a business is exposed if it delivers software or tech services, citing risks from AI models making biased decisions, model theft, or data poisoning as examples of the kinds of claims that can arise. ³Company-reported. Cyber and Tech E&O page framing; not a guarantee of eligibility for a particular company.

Coverage Features

Embroker lists coverage for cyber liability (data breaches, cyber theft, cyber vandalism), professional negligence from product or tech errors, software or hardware defects, breach of contract, and losses from a delayed product launch. ¹Company-reported. Retail product-page What's covered section; the issued policy and declarations control.

Relm says Tech E&O covers claims relating to inadequate service delivery or failure to meet contractual obligations, system failures or software glitches affecting customers' operations, and negligent advice, misrepresentation or failure to disclose product limitations, typically including legal defense fees, settlements and judgments. ³Company-reported. Cyber and Tech E&O page 'What is Tech E&O Insurance?' section; the issued policy and declarations control.

Relm says standard Tech E&O is not always sufficient for fintech companies and offers a distinct Fintech Errors and Omissions product addressing blockchain-related vulnerabilities and heightened regulatory scrutiny. ³Company-reported. Cyber and Tech E&O page 'What is Fintech Errors and Omissions Insurance?' section; a related but separate product.

Relm explicitly says there is some overlap between Tech E&O and cyber coverage, but having one does not protect a client from the exposures the other addresses. ³Company-reported. Cyber and Tech E&O page 'Who Needs Cyber and Tech E&O Insurance?' section.

Role in This Line

Embroker sells Tech E&O/Cyber as a single blended policy directly to technology companies and also distributes it through appointed brokers via its Embroker Access broker portal. ^1,²Company-reported. Retail and broker-facing page descriptions; not a statement about the issuing insurer.

Relm markets Technology Errors and Omissions as professional liability for the technology sector, separate from the cyber liability product on the same page. ³Company-reported. Relm line-of-business page (Relm sells through brokers); not a statement identifying the issuing insurer for a given placement.