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Mylo vs Relm Insurance

Separate a small employer’s benefits and business-insurance shopping from AI-specific risk transfer.

Introduction

A small AI business hiring its first team may be shopping for employee benefits and business insurance while also negotiating liability terms with customers. Mylo combines multi-insurer business shopping with a small-group benefits service. Relm’s AI range addresses a different question: the consequences of building or depending on AI. Keeping those purchases distinct helps the finance lead see what each proposal actually solves. 1 14 26

Where Each Provider Shines

Where Mylo Shines

  • Buyers can shop online or with a licensed advisor; Mylo says it compares available quotes, with an agent finalizing most policies. 1,3
  • Employers with 2–99 employees can explore group benefits with a licensed advisor and a year-round HR portal. 14

Where Relm Insurance Shines

  • Cyber and technology E&O designed for AI developers 27,26
  • First-party cover for third-party AI failures 29

Coverage Comparison

Coverage TypeMyloRelm Insurance
Business owner’s policyListed 1,5Not listed
Commercial autoListed 6Not listed
Commercial propertyNot listedListed 24
CrimeNot listedListed 24
Cyber liabilityListed 8Listed 24
Digital assetsNot listedListed 24
Directors and officersNot listedListed 24
Employee health and benefitsListed 14Not listed
Employment practices liabilityNot listedListed 24
Fiduciary liabilityNot listedListed 24
General liabilityListed 7Listed 24
Generative AI liabilityNot listedListed 27,26
Kidnap and ransomNot listedListed 24
Media liabilityNot listedListed 24
Medical malpracticeListed 9Not listed
Product liabilityNot listedListed 24
Professional liability / E&OListed 10Listed 24
Surety bondsListed 11Listed 24
Technology errors and omissionsNot listedListed 24
Tools, equipment and inland marineNot listedListed 24
Umbrella and excess liabilityListed 12Listed 24
Workers’ compensationListed 13Not listed

Listed products and programs, including policies arranged through insurers or partners. Optional endorsements are discussed in the analysis below. “Not listed” means no separate offering appears in the reviewed catalogue; confirm availability and policy terms with the provider.

Key Differences Between Mylo and Relm Insurance

Benefits Administration and AI Protection Are Separate Workstreams

Mylo markets benefits for employers with 2–99 employees, including advisor help and an HR portal. Its commercial catalogue also includes BOP, professional liability and cyber. Relm’s AI developer and first-party response products do not replace a benefits plan or its enrollment work; conversely, a benefits relationship does not establish suitable AI insurance. 14 1 27 29

For a team using third-party models, ask whether the business proposal addresses its own lost income from a dependency failure or only claims against it. RESCAAI gives that operational-loss discussion a named product structure. Mylo’s public cyber description is not enough to decide whether its eventual carrier proposal responds to the same scenario. 29 8

Corporate Backing Is Not the Policy Insurer

Mylo’s historical Lockton origin should not be treated as its current ownership description: its record identifies later Group 1001 backing and reporting of a majority investment. Nor does that backing mean a Group 1001 company issues every policy. Mylo compares available carrier options; Relm’s US distribution and Bermuda insurer roles also need to be separated from the issuer on an AI quote. 2 16 17 22

A coordinated purchase could involve a brokerage and a specialist market, but the records do not establish Mylo access to Relm. Request the market route and current California eligibility instead of assuming the names can be combined. 1 23 26

Ask Who Services Each Contract

Mylo generally describes agent-finalized policies and directs many existing-policy needs to carrier-specific contacts. Its public record does not establish a universal commercial renewal workflow. Relm’s routine servicing allocation is also unspecified. A single shopping relationship therefore needs a written responsibility list for benefits changes, certificates, endorsements and AI claims notice. 3 4 33

What to Confirm in Quotes

  • Separate benefits administration, ordinary commercial coverage and AI-specific loss scenarios into identified contracts and service owners. 14 26
  • Identify each insurer and the California route for the AI policy; do not use either company’s corporate backer as a substitute. 2 22
  • Mylo says most customers pay it no purchase fee but discloses exceptions. Obtain your actual fees and commissions alongside the specialist placement’s costs and benefits charges. 2 33

Service Comparison

Mylo vs Relm Insurance: documented services and availability

CriteriaMyloRelm Insurance
Business role

Mylo describes itself as an independent insurance broker for small and growing businesses. It recommends coverage and compares available quotes from multiple insurers rather than issuing its own policies. 1,2

Mylo says it launched within Lockton Companies in 2015 and now has Group 1001 as its backer. A May 2023 Kansas City Business Journal report said Group 1001 became the majority investor and Mylo was no longer part of Lockton; the reviewed sources did not provide a newer ownership percentage. 2,16,17

Mylo, LLC operates the website and is the named insurance agency. Its footer identifies Mylo Insurance Solutions, LLC as a trade name in California, Illinois, Michigan and North Dakota, and Mylo Solutions, LLC as a trade name in New York. 1,3,18,19

Mylo also supplies an embedded insurance-shopping service to other companies and insurance agencies. A buyer entering through a partner should identify whether Mylo, the partner or another licensed entity is the producer for the transaction. 15,16

Relm Insurance is a specialty insurance business serving emerging industries, including artificial intelligence. Its Bermuda insurer and US distribution operation have distinct roles. 21,23,22

Relm identifies Relm Insurance Ltd. as its Bermuda-regulated insurer and Relm US Insurance Solutions Inc. as a US licensed producer. It describes its US operation as a managing general agent (MGA), an intermediary with delegated insurance authority. The Bermuda entity says it deals only through appropriately licensed brokers. 22,23

Application process

A business buyer can answer questions about the company and industry online or work by phone with a licensed advisor. Mylo says its system recommends coverage and compares available quotes; some carrier and coverage combinations can be purchased online, but an agent finalizes the policy in most cases. 1,3

Mylo’s Terms of Use say a purchase may carry additional transaction terms, require accurate and complete application answers and is not guaranteed to result in an issued policy. The posted site terms were last updated in November 2018, so buyers should review the current terms presented with a quote. 3

Relm provides an inquiry form requesting contact details, company name and location. Its US launch describes access through distribution partners, and the website states that Relm Insurance Ltd. deals through licensed brokers. The reviewed pages do not establish instant quoting or online binding. 31,23

Access to insurers

Mylo says its commercial brokerage works with more than 40 carrier partners and names Travelers, Liberty Mutual, The Hartford and Hiscox as examples. That panel does not establish which insurers will consider or quote a particular business. 1,4

Mylo’s public pages do not provide a complete product-and-state schedule of issuing insurers. The carrier contact directory names companies used for some customers, but the legal insurer for each proposed policy must be confirmed in the quote and policy documents. 1,4,3

Relm’s fronting announcement names Trisura Specialty Insurance Company in connection with US digital-asset risks, including D&O, cyber, technology E&O and crime. A fronting insurer issues the policy while another insurer supplies risk capacity. This announcement does not establish Trisura as the issuer of every Relm product or of a California AI policy. 30

Servicing and renewals

The reviewed public pages identify Mylo advisors, a service-professional fallback and a benefits HR portal, but do not establish one universal workflow for commercial policy changes, certificates, renewals or cancellations across carriers. 1,4,14

The reviewed contact and terms pages provide general-inquiry and complaint channels but do not explain a customer self-service portal, certificate turnaround, endorsement process or renewal timetable. Ask which tasks your broker, the MGA and the issuing insurer will handle. 31,33

Fees and compensation

Mylo says its guided shopping service is free and that 95% of customers do not pay Mylo a fee when purchasing. It generally earns a carrier commission; in fewer than 5% of transactions, it says it charges a fee when it handles billing and incurs higher administrative costs. The reviewed disclosure does not give the fee amount. 2

The reviewed legal, terms and inquiry pages do not disclose buyer-specific broker fees, commission rates, minimum premiums or total California placement costs. Obtain the premium, fees and applicable taxes separately in a written quote. 22,33,31

Sources

Mylo Official Website

  1. Small Business Insurance. Mylo; Hero; What Insurance Does A Small Business Need; Business Insurance FAQs; current commercial-product navigation; footer legal disclosure. Accessed 2026-09-15.
  2. About Mylo. Mylo; Your Digital One-Stop Shop; The Broker Advantage; Proven Heritage, Powerful Future; About Mylo FAQs. Accessed 2026-09-15.
  3. Terms Of Use. Mylo; Effective 21 February 2017; updated 19 November 2018; introduction; §§1.2 and 6.1–6.5. Accessed 2026-09-15.
  4. Contact Your Carrier. Mylo; Carrier contact instructions; business-insurance support and claims entries; Mylo Service Professional fallback. Accessed 2026-09-15.
  5. Business Owner’s Policy. Mylo; Current product page and Get My Quote call to action; related business-product navigation. Accessed 2026-09-15.
  6. Commercial Auto Insurance. Mylo; Commercial Auto Savings For A Business On The Move; What Commercial Auto Insurance Do I Need; FAQs. Accessed 2026-09-15.
  7. Commercial General Liability Insurance. Mylo; Current commercial product page and related business-product navigation. Accessed 2026-09-15.
  8. Cyber Insurance. Mylo; Current commercial product page; Think You Don’t Need Cyber Insurance; related business-product navigation. Accessed 2026-09-15.
  9. Medical Malpractice Insurance. Mylo; Medical Malpractice Insurance Is Professional Liability; What Types Of Coverage Are Available; cyber section; FAQs. Accessed 2026-09-15.
  10. Professional Liability Insurance. Mylo; Current commercial product page; Professional Liability? But I Do Good Work; related business-product navigation. Accessed 2026-09-15.
  11. Surety Bonds. Mylo; Surety Bonds Show You Mean Business; How Does A Surety Bond Work; quote calls to action; FAQs. Accessed 2026-09-15.
  12. Commercial Umbrella Insurance. Mylo; Current commercial product page and related business-product navigation. Accessed 2026-09-15.
  13. Workers’ Compensation Insurance. Mylo; Current commercial product page; Workers’ Comp? What’s In It For Me; related business-product navigation. Accessed 2026-09-15.
  14. Small Group Benefits. Mylo; Hero for employers with 2–99 employees; benefit categories; enrollment, HR portal and licensed-advisor service. Accessed 2026-09-15.
  15. Partner With Mylo. Mylo; Insurance-agency and other-industry paths; embedded offering categories; carrier statement; demo request. Accessed 2026-09-15.
  16. Insurtech Mylo Teams With Gainbridge To Introduce Gainbridge Protect. Group 1001; 26 September 2023 announcement; Amplifi description; statement that Mylo and Gainbridge are backed by Group 1001; About Mylo and About Group 1001. Accessed 2026-09-15.
  17. Mylo Is No Longer Part Of Lockton. Kansas City Business Journal; Headline and article preview; 23 May 2023; prior minority investor described as new majority investor. Accessed 2026-09-15.
  18. Mylo, LLC Entity Record. Florida Department of State, Division of Corporations; Document M17000007667; foreign Missouri LLC; active; 2026 annual report filed 30 April 2026. Corporate registration, not an insurance license. Accessed 2026-09-15.
  19. Licensed Property And Casualty Agencies. Massachusetts Division of Insurance; Page 114; Mylo, LLC; NPN 18590034; original approval 29 November 2017; renewal 29 November 2026. Official PDF was available in search indexing; direct download returned an access block from this workspace. Accessed 2026-09-15.
  20. Licensed Surplus Lines Broker Agencies. Massachusetts Division of Insurance; Mylo, LLC; NPN 18590034; original approval 20 December 2017; renewal 20 December 2026. Official PDF was available in search indexing; direct download returned an access block from this workspace. Accessed 2026-09-15.

Relm Insurance Official Website

  1. Artificial Intelligence Insurance. Relm Insurance; Introduction; Artificial Intelligence Insurance Risks; footer. Accessed 2026-09-16.
  2. Legal Information. Relm Insurance; Bermuda License; US Licenses, California row; footer jurisdiction restriction. Accessed 2026-09-16.
  3. Relm Launches US MGA. Relm Insurance; Opening paragraphs describing US MGA and distribution partners. Accessed 2026-09-16.
  4. Lines of Business. Relm Insurance; Financial Lines through Specialty Lines; individual offering lists. Accessed 2026-09-16.
  5. Tailored Industry Insurance Products. Relm Insurance; Artificial Intelligence; Digital Asset & Web3; Fintech; Space. Accessed 2026-09-16.
  6. Relm Launches AI Liability Solutions. Relm Insurance; NOVAAI, PONTAAI and RESCAAI: Applicable Users and Coverage Highlights. Accessed 2026-09-16.
  7. Relm’s NOVAAI Solution: Insurance for AI Platforms and Developers. Relm Insurance; Introduction; Understanding the New AI Liability Risks for AI Developers. Accessed 2026-09-16.
  8. Relm’s PONTAAI Solution: AI Insurance Coverage Beyond Existing Liability Programs. Relm Insurance; Opening product definition; Specific Shortcomings; Key features. Accessed 2026-09-16.
  9. Relm’s RESCAAI Solution: Innovative Insurance for AI-Exposed Operations. Relm Insurance; RESCAAI: Insurance Coverage Designed for Operational Risks; four coverage areas. Accessed 2026-09-16.
  10. Relm Announces Fronting Partnership with Trisura Specialty Insurance Company. Relm Insurance; Title; opening fronting-agreement paragraph; About Trisura Group. Accessed 2026-09-16.
  11. Contact. Relm Insurance; Get in Touch form; footer broker and coverage restrictions. Accessed 2026-09-16.
  12. Claims. Relm Insurance; Experienced Claims Team; Accessible; illustrative claims scenarios. Accessed 2026-09-16.
  13. Terms & Conditions. Relm Insurance; Website terms; Contact Details: General Inquiries, Claims, Global Claims Response, US Claims Response, Complaints. Accessed 2026-09-16.
  14. Relm Launches Kidnap and Ransom Insurance for Digital Asset and Cannabis Executives. Relm Insurance; Opening product announcement; Comprehensive Protection with Immediate Response. Accessed 2026-09-16.

Updated . Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. Editorial policy. To suggest a correction, contact Spot with the page URL and supporting source.

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