Cannabis, digital assets insurer granted Bermuda license

Posted On: Apr. 1, 2020 6:23 AM CST

The Bermuda Monetary Authority has granted a license to Relm Insurance Ltd., which will initially focus on digital asset enterprises and cannabis and hemp-related businesses, The Royal Gazette reported. Going forward, Relm plans to offer insurance products to new sectors such as digital banking, sharing and gig economy, autonomous vehicles and artificial intelligence.