Relm Insurance expands into MENA region 

Acquires Dubai-based B&F Partners to operate in high-growth and emerging industries 

DUBAI:  Bermuda-headquartered Relm Insurance Ltd has forayed into the MENA region through the acquisition of B&F Partners Ltd, now known as Relm Insurance MENA Ltd.

The strategic move enables Relm Insurance to commence operations via its Dubai-based affiliate with a Category 4 license authorised by the Dubai Financial Services Authority (DFSA). 

The move solidly positions Relm as the pivotal player in providing specialised insurance solutions to companies operating in high-growth and emerging industries such as AI, Web3, and the space economy.   

Relm will bring its specialised underwriting experience and market leading insurance products to the MENA market. The establishment of Relm Insurance MENA, headquartered in DIFC, Dubai, marks a significant milestone in the Company’s expansion strategy.  

To offer tailored insurance products

“The acquisition opens up new avenues for Relm Insurance to work more closely with its distribution partners in the UAE and the broader MENA region to cater directly to the insurance needs of businesses operating in rapidly evolving industries such as AI, Web3, and the space economy,”  Joseph Ziolkowski, Founder and CEO at Relm Insurance Ltd, said.

“By leveraging our sector expertise, underwriting experience and our tailored insurance products, we aim to help bolster the resilience of innovative companies in emerging, high-growth industries.” 

The inauguration of operations in Dubai not only enhances Relm Insurance’s reach but also reinforces its commitment to serving innovative industries.

“We are excited about the opportunities presented by our expansion into the MENA region. Dubai is quickly becoming a global finance hub thanks to its forward-thinking regulations for cryptocurrencies and blockchain, attracting top financial companies worldwide,” remarked Bruno Bertucci, CEO at Relm Insurance MENA, Ltd. 

“The global expansion initiative furthers Relm’s dedication to our mission of contributing to the building of the future by creating solutions for complex risks for innovative markets.”