Nayms and Penrose Partners Forge Strategic Partnership to Propel Nayms Insurance Marketplace

Sarah George
Nayms
Published in
2 min readMay 14, 2024

Nayms, a leading player in the insurance industry, and Penrose Partners, a renowned financial services firm, are thrilled to announce their strategic collaboration. This partnership aims to accelerate Nayms’ growth trajectory and enhance its position within the insurance ecosystem.

The key components of this exciting partnership include:

Crypto Capital Infusion: Penrose Partners will actively work on behalf of Nayms and its partner programs to introduce fresh sources of crypto capital. This infusion will bolster Nayms’ financial strength and support its mission to revolutionize insurance markets.

Diversification of Insurance Lines: Penrose Partners will play a pivotal role in identifying capital for new insurance lines. These include smart contract insurance, travel insurance, cyber insurance, and property insurance. By diversifying Nayms’ offerings, both companies aim to meet evolving market demands.

Global Expansion: Nayms, with Penrose’s assistance, will expand its footprint across multiple jurisdictions. The strategic alignment between the two parties ensures that Nayms’ profile will continue to grow on an international scale.

“Nayms has engaged in discussions with Penrose Partners over the past two years, aligning our visions and refining our respective offerings,”

said Adam Adamson, Head of Business Development at Nayms.

“With the recent launch of our inaugural program in May 2023, the timing was perfect to formalize this long-term partnership. We are excited to announce this collaboration as we gear up for the NAYM token launch.”

Upcoming Initiatives: Over the next 12 months, Penrose will actively collaborate with Nayms to introduce new capital market partners and elevate Nayms’ presence on the global stage.

About Nayms
Nayms SAC Ltd. is the world’s leading crypto-native insurance marketplace. The company is registered and regulated in Bermuda with licences for both insurance (IIGB) and digital asset (DABA Class F) business. It operates as a bridge between alternative capital and a wide variety of property and casualty risks. It provides the technical and legal infrastructure over which relevant stakeholders, including insureds, insurers, brokers, and underwriters, can come together to capitalise and transfer risk on-chain. Building on Ethereum and Base, Nayms’ diverse team uses smart contracts to enable on-chain insurance placement and crypto-native transactions for collateral, commissions, premiums, and claims.

For more information on Nayms and investment opportunities, contact lachlan@nayms.com or visit the website directly.

About Penrose Partners
Penrose Partners is a trusted financial services firm with a track record of success. Their expertise lies in capital markets, strategic partnerships, and global expansion. With a shared vision for growth, Penrose is well-positioned to elevate Nayms’ profile.

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Nayms
Nayms

Published in Nayms

The world’s most liquid digital (re)insurance market, allowing capital markets to invest in tokenised, real-world insurance programs.

Sarah George
Sarah George

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