# Project Eleven and Relm Partner on Quantum Risk in Crypto Insurance Partnership explores integrating post-quantum security controls into digital asset insurance underwriting frameworks for institutions. - **Source:** [Bitcoin News](https://brifing.si/source/d8aeaf1e-9839-4dad-9d25-7a6bf3fbeef8) - **Published:** 2026-10-21 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/aec4cd00-9b23-4c84-926f-4e6fa94e5395 ## Quantum Risk Assessment Partnership Project Eleven has entered a strategic partnership with Bermuda-based Relm Insurance to evaluate quantum computing threats within digital asset underwriting. The collaboration focuses on how post-quantum security controls can be integrated into existing risk models. This initiative aims to prepare institutional digital asset holders for the inevitable transition toward quantum-resistant cryptographic standards. ## Strongpoint Platform Technical Integration The collaboration utilizes Project Eleven’s flagship institutional custody platform, Strongpoint. This system enables financial institutions to upgrade cryptographic algorithms while maintaining audit history and existing approval workflows. By combining classical and post-quantum signing methods, the platform ensures that security updates do not disrupt the operational integrity required by high-stakes digital asset custodians. ## Addressing Future Cryptographic Vulnerabilities Quantum computing poses a significant threat to digital assets, as powerful machines could potentially derive private keys from exposed public keys. This vulnerability necessitates proactive measures to prevent theft or unauthorized compromise. Project Eleven and Relm are examining how these specific technical risks can be quantified and managed within modern insurance frameworks. ## Underwriting Infrastructure and Auditability Relm Insurance will provide advisory support on the design of the Strongpoint platform. The goal is to ensure that custody infrastructure generates the necessary risk evidence and auditability required by underwriters. This feedback loop allows the insurer to better understand how institutional clients demonstrate effective controls against emerging technological threats during policy evaluations. ## Strategic Market Incentives CEO Alex Pruden emphasizes that institutions must prepare for post-quantum cryptography before market pressure forces the transition. The partnership suggests that institutions investing in robust post-quantum defenses may eventually see these efforts reflected in their risk evaluations. Insurance serves as a critical mechanism for markets to assess and manage these evolving technical exposures. ## Anticipating Technological Shifts Joseph Ziolkowski, CEO of Relm, highlights the necessity for underwriters to anticipate how digital asset risks evolve over time. Quantum computing represents a clear emerging threat that must shape current risk assessment methodologies. The partnership aims to help institutions identify their specific exposure levels and prepare for the necessary transition to quantum readiness. ## Exploratory Nature of Collaboration The partnership is currently in an exploratory phase regarding its impact on insurance criteria. Any potential changes to underwriting procedures or premium rates remain dependent on further evaluation and Relm’s independent internal processes. The companies are focusing on establishing a foundation for how quantum-resistant security can be validated and accepted by insurers. ## Expanding Specialty Insurance Coverage This initiative aligns with Relm’s broader strategy of expanding coverage for high-risk sectors, including a recent kidnap and ransom product for Web3 executives. By addressing both physical threats and technical quantum vulnerabilities, the insurer is positioning itself to cover the full spectrum of risks facing modern digital asset organizations and their leadership. ## Sources covering this story - https://news.bitcoin.com/featured/project-eleven-and-relm-explore-quantum-risks-in-crypto-insurance/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._