How Reliable Is Relm Insurance?
Relm Insurance reliability: licensing, legal entities, financial evidence and the scope behind its Spot Score.
Assessment
These scores use different criteria and cannot be read against each other.
Broker Spot Score
5.3/ 10This partial Broker Spot Score covers identity and authority, carrier-network strength, disclosure clarity within the stated scope. It uses 75% of the rubric’s factor weighting, normalized to a ten-point scale. The excluded factors remain unknown, and evidence for one program does not describe another.
Partial score — 75% of this rubric’s factor weighting. Excluded: Regulatory Conduct
Assessed 2026-09-21 · Review due 2026-10-21
| Factor | Weight | Included | Score | Basis |
|---|---|---|---|---|
| Identity and Authority | 30% | 40.0%normalized | 2.2 / 4 | [1][2][8] |
| Carrier-Network Strength | 30% | 40.0%normalized | 2.0 / 4 | [1][5] |
| Regulatory Conduct | 25% | — | Excluded | A complete, exact-entity regulatory-conduct review for the preceding five years is unavailable. |
| Disclosure Clarity | 15% | 20.0%normalized | 2.2 / 4 | [1][2][8][5][6][7] |
Included weights are normalized over the supported factors.
Carrier & MGA Spot Score
6.1/ 10This partial Carrier & MGA Spot Score covers identity and authority, financial resilience, claims and servicing, carrier-network strength, disclosure clarity within the stated scope. It uses 80% of the rubric’s factor weighting, normalized to a ten-point scale. The excluded factors remain unknown, and evidence for one program does not describe another.
Partial score — 80% of this rubric’s factor weighting. Excluded: Regulatory Conduct
Assessed 2026-09-21 · Review due 2026-10-21
| Factor | Weight | Included | Score | Basis |
|---|---|---|---|---|
| Identity and Authority | 15% | 18.7%normalized | 2.2 / 4 | [1][2][8] |
| Financial Resilience | 20% | 25.0%normalized | 2.8 / 4 | [3][4][5][1] |
| Claims and Servicing | 20% | 25.0%normalized | 2.0 / 4 | [1][5][6][7] |
| Carrier-Network Strength | 15% | 18.7%normalized | 2.0 / 4 | [1][5] |
| Regulatory Conduct | 20% | — | Excluded | A complete, exact-entity regulatory-conduct review for the preceding five years is unavailable. |
| Disclosure Clarity | 10% | 12.5%normalized | 3.4 / 4 | [1][2][8][5][6][7] |
Included weights are normalized over the supported factors.
Evidence and Scope
Role: Hybrid provider. Scope: Relm Insurance Ltd.'s Bermuda-domiciled regulated insurance activity and Relm US Insurance Solutions Inc.'s separately licensed US producer/MGA and surplus-lines activity for emerging-industry risks. The Bermuda carrier, US intermediary and external fronting carriers are kept distinct; no US carrier status is assigned to Relm US Insurance Solutions Inc.
Legal Identity
Licensing
Relm Insurance Ltd. reports a Bermuda Monetary Authority IIGB license. Relm US Insurance Solutions Inc. publishes producer, agency, broker and surplus-lines entries across US jurisdictions, including Wisconsin, Pennsylvania, California and New York; the table is company-reported and not treated as a complete independent regulator reconciliation.[1]
Wisconsin OCI states that a firm's authority depends on its DRLP and active lines, so the Wisconsin intermediary number alone does not establish account-specific authority or appointment.[8][1]
Financial Strength
Relm states that Relm Insurance Ltd. has an A, Exceptional Financial Stability Rating from Demotech, undergoes an annual Deloitte audit and reported net admitted assets of $213 million at December 2025. These are company-reported Bermuda insurer facts, not statutory evidence for Relm US Insurance Solutions Inc.[3][4]
The reviewed US fronting announcement names Trisura Specialty Insurance Company as A- rated by AM Best. That rating applies to the named external fronting carrier and does not establish Relm US Insurance Solutions Inc.'s financial strength or the issuer of every US product.[5]
Risk Bearing
Relm Insurance Ltd. is the Bermuda risk-bearing entity in the reviewed materials. For the announced US book, Trisura Specialty Insurance Company is the external fronting paper and Howden is the reinsurance broker; the actual policy controls issuer, limits, capacity and reinsurance for a placement.[1][5]
Claims Service
Regulatory Record
The reviewed sources establish Bermuda authorization, US intermediary disclosures and the announced fronting structure but do not establish a completed five-year conduct result for Relm Insurance Ltd., Relm US Insurance Solutions Inc. or Trisura Specialty Insurance Company. No conclusion is drawn from that incomplete search.[1][5][8]
Evidence gaps
- Independent current regulator confirmation of the listed Relm US Insurance Solutions Inc. licenses, DRLPs, appointments and product-specific authority.
- Current Bermuda statutory financial statements, capital adequacy detail and the rating agency's underlying report for Relm Insurance Ltd.
- Policy-specific allocation among Relm Insurance Ltd., Trisura and any other fronting or reinsurance capacity, including limits and retention.
- Current entity-specific rating and statutory evidence for Trisura Specialty Insurance Company beyond the announcement's A- AM Best reference.
- Complete five-year regulatory and enforcement search for each named entity.
Jurisdiction searches
| Jurisdiction | Result | Notes |
|---|---|---|
 WisconsinWisconsin Office of the Commissioner of Insurance | Not researched[1][8] | Relm publishes Wisconsin intermediary firm number 3003033639; Wisconsin OCI Agent FAQ identifies the relevant authority rule, but current authority was not independently established. |
 United States | Not researched[1] | Relm publishes a multi-state US producer and surplus-lines table; a complete current regulator reconciliation was not completed. |
| BBermuda | Company-reported disclosure[1] | Relm's current legal information identifies the BMA IIGB authorization; independent BMA register verification was not separately established. |
Licenses and Authority
These are reviewed authority records for the named legal entities and scope. A license record does not establish that a particular policy is available, bound, or suitable.
| Entity and jurisdiction | Identifier | License class and authority |
|---|---|---|
| Relm US Insurance Solutions Inc.Wisconsin | State license: 3003033639[1] | Intermediary Firm; Company-disclosed US intermediary license; independent Wisconsin status not independently established |
Relm US Insurance Solutions Inc. Pennsylvania | State license: 1175046[1] | Resident Producer Agency; Company-disclosed resident agency license |
| Relm US Insurance Solutions Inc.Pennsylvania | State license: 1176608[1] | Resident Surplus Lines Agency; Company-disclosed resident surplus-lines agency license |
Relm US Insurance Solutions Inc. California | State license: 6013054[1] | Insurance Producer; Company-disclosed producer license |
Relm US Insurance Solutions Inc. New York | State license: BR-1849298 / EX-1849298[1] | Property and Casualty Broker / Excess Line; Company-disclosed broker and excess-line licenses |
Sources
- Legal Information. Relm Insurance; Bermuda License and US Licenses sections: Relm Insurance Ltd. is authorized by the Bermuda Monetary Authority with an Innovative Insurance General Business License; Relm US Insurance Solutions Inc. state producer and surplus-lines table, including Wisconsin 3003033639 and Pennsylvania resident agency/surplus-lines numbers. Accessed 2026-09-21.
- Relm Launches US MGA. Relm Insurance; Announcement identifying the US MGA launch, Relm US Insurance Solutions Inc. and its distribution/underwriting role for US business. Accessed 2026-09-21.
- Strength And Stability. Relm Insurance; Rated and Regulated; Transparent and robust governance; Capital Strength: Bermuda domicile and BMA regulation, A Exceptional Demotech rating, annual Deloitte audit, independent loss-reserve opinions, and company statement that it has no debt. Accessed 2026-09-21.
- Our Journey. Relm Insurance; Milestones: 2021 A Exceptional Demotech rating; December 2025 net admitted assets of $213 million; January 2025 Relm US launch licensed in all 50 states. Accessed 2026-09-21.
- Relm Insurance Announces Fronting Partnership With Trisura Specialty Insurance Company. Relm Insurance; Full-fronting agreement for Relm's US book; Trisura Specialty Insurance Company named as fronting carrier, rated A- by AM Best; Howden named reinsurance broker; Relm's Bermuda license and Demotech rating. Accessed 2026-09-21.
- Claims. Relm Insurance; Claims notice and contact route for Relm insureds and brokers. Accessed 2026-09-21.
- Terms And Conditions. Relm Insurance; Terms, claims and complaints contact information; policy terms govern coverage and regulatory availability. Accessed 2026-09-21.
- OCI Licensing Frequently Asked Questions. Wisconsin Office of the Commissioner of Insurance; Agent FAQ, Business Entities/Firms: firm authority depends on its Designated Responsible Licensed Producer and actively held lines; State Based Systems is the lookup path. Accessed 2026-09-21.
