Project Eleven, Relm Insurance Partner to Study Quantum Risk in Underwriting

The pairing matters less for what it produces today than for where it sits: an insurer formally engaging with quantum risk inside an underwriting workflow, and tying that work to a custody product, suggests the threat is being treated as an operational and coverage question rather than a purely technical one. Policy pricing is explicitly unchanged, so this is groundwork, not a market signal. The open question is whether such exploratory arrangements translate into underwriting standards or disclosure requirements that custody and insurance counterparties eventually have to meet.