Insure your fraud losses.
Fraud is inevitable — but it doesn't have to remain a cost of doing business and a drag on your P&L or the friction tradeoff in your customer experience. Turn your unknown cost of fraud loss as you grow, into a fixed expense that fits your budget. Keep your risk stack. Insure the risk liability. Avoid the long term capital reserves.
Backed by S&P AA+ rated global insurers. Covered claims reimbursed in 30 days.
Every approval carries insured coverage. When fraud slips through, the loss is reimbursed — not written off.
Backed by S&P AA+ rated global insurers
Fraud is inevitable.
Your losses don’t have to be.
Fraud is rising while prevention systems block good customers and overlook fraud. Instnt is AI for insurance — we insure verified identity fraud through S&P AA+ rated global insurers, so your revenue can grow with confidence.
Transfer Fraud Liability
Shift identity-fraud losses off your balance sheet and onto S&P AA+ rated global insurers paper. A volatile write-off becomes a fixed premium — protecting net income, stabilizing margins, and turning fraud into a predictable line item instead of a quarterly surprise on your P&L.
Unlock Self-Insurance Capital Reserves
Insured assets are lower-risk assets. Loans and accounts once risk-rated for fraud exposure are now protected by S&P AA+ rated global insurers insurance, so they can be risk-weighted lower. That releases the CECL allowances and CET1 capital held against them — freeing reserves to write more loans and fee-generating business, lifting NIM and ROA.
Fast AI-Powered Claims
With Sedgwick as the program’s TPA and Munich Re and Swiss Re holding the transferred losses on their balance sheets, the program guarantees denial-free claims: if our AI decides to insure the risk, the claim gets paid when filed. File through an automated dashboard or batch API in minutes, reimbursed in 30 days or less.
Seamless Integration
Instnt prices the fraud-loss exposure getting through your existing risk tools and processes, so no changes to your risk program are required. Just deploy Instnt’s agent — a line of script and API that works like Google Analytics on your web and mobile UI. The only new step is filing a claim when fraud occurs, reimbursed in under 30 days.
Move past fraud loss.
Over 80% of new-account fraud is now synthetic, and U.S. institutions absorbed an estimated $35B last year in fraud attributed origination manifested as credit defaults and another $15B in account takeovers — most of it carried on their own balance sheets. The ones that win stopped swallowing it.
See your savings.
Drag the slider to your annual identity-fraud loss. We’ll show you what Instnt would recover — based on the LexisNexis 4.41× cost multiplier and a 9.3× sample-premium return.
Estimated annual recovery if covered claims are reimbursed within 30 days. Final policy contingent on underwriting and approval.
From drop-in agent to insured loss
Three steps, no rip-and-replace. It installs like an analytics tag and pays like an insurance policy.
See the full flowDrop in the agent
Add the Instnt agent to your onboarding flow the way you add an analytics tag. It observes signals across identity, device, behavior, and transactions — no rip-and-replace.
AI underwrites the loss
Each approved account is bound under a policy at approval. Instnt’s actuarially-validated model prices the residual fraud-loss risk that your detection stack can’t eliminate.
Insured loss, reimbursed
When fraud slips through anyway, you file a claim and covered losses are reimbursed within 30 days — denial-free, backed by S&P AA+ rated global insurers.
Frequently asked questions
What is Identity Fraud Loss Insurance?
It is a financial-services product that indemnifies your business against monetary losses from identity fraud committed during and after digital onboarding. Instead of absorbing fraud losses on your own balance sheet, you transfer that liability to an insurer for a fixed premium, with covered losses reimbursed after a claim. It pairs AI-based fraud-loss underwriting with insurer-backed coverage — an insurance line, not a detection tool.
Is this real insurance, or just a detection tool with a policy attached?
It is real insurance. Verification and detection software tell you whether to approve an applicant; when fraud slips through anyway, the loss stays with you. Identity Fraud Loss Insurance covers that residual loss and moves the liability off your P&L.
Who backs the coverage?
Policies are backed by S&P AA+ rated global insurers, including Munich Re and Swiss Re. Instnt Insurance Agency, based in New York, arranges the coverage.
How fast are claims paid?
Covered losses are reimbursed within 30 days of a filed claim, denial-free — contingent on underwriting and approval terms.
How is this different from Socure, Alloy, or my KYC stack?
Those reduce how often fraud occurs. Instnt covers the cost of the fraud that gets through anyway. Detection lowers frequency; insurance transfers the residual loss. Instnt sits alongside your existing stack, not in place of it.
Turn fraud loss into a line you insure
Get a tailored fraud-loss exposure analysis for your institution — no commitment.