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Instnt developed this solution to address the heavy burden of fraud on businesses, which cost an estimated $485.6 billion globally in 2023.<\/p>\nInstnt, a venture-backed insurance technology company, has announced a strategic partnership with global reinsurer Munich Re to expand reinsurance capacity for its Fraud Loss Insurance product.<\/p>\n
Instnt developed this solution to address the heavy burden of fraud on businesses, which cost an estimated $485.6 billion globally in 2023.<\/p>\n
The Fraud Loss Insurance product combines AI-driven identity verification and fraud detection with insurance-backed protection, helping businesses transfer fraud risk and recover quickly from losses.<\/p>\n
The solution enables businesses to confidently onboard more legitimate customers while reducing exposure to financial losses from identity fraud.<\/p>\n
This partnership deepens Instnt\u2019s relationships with leading insurance companies, including Accredited and Howden, underscoring the credibility and strength of its offering.<\/p>\n
Michael von Gablenz, Head of Insure AI at Munich Re and HSB, said, \u201cInstnt combines AI-based fraud detection technology with financial risk transfer, in case the AI fails to recognize fraud events. This combination of AI and fraud insurance can provide protection for companies against a wide range of fraud events.<\/p>\n \u201cMy team utilizes experience and expertise from our aiSure\u2122 AI insurance solution and acts as reinsurer behind Instnt\u2019s Fraud Loss Insurance.\u201d<\/p>\n Sunil Madhu, Founder and CEO of Instnt, added, \u201cOur mission is to make fraud a manageable, insurable risk, not a constant cost of doing business.<\/p>\n \u201cWith Munich Re\u2019s backing, we\u2019re delivering the robust underwriting, loss mitigation, and claims management capabilities needed to support this transformative protection.\u201d<\/p>\n The post Instnt partners with Munich Re to expand fraud insurance capacity<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Instnt, a venture-backed insurance technology company, has announced a strategic partnership with global reinsurer Munich Re to expand reinsurance capacity for its Fraud Loss Insurance product. Instnt developed this solution to address the heavy burden of fraud on businesses, which cost an estimated $485.6 billion globally in 2023. The Fraud Loss Insurance product combines AI-driven […]<\/p>\n","protected":false},"author":1,"featured_media":5978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"_links":{"self":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/5976"}],"collection":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/comments?post=5976"}],"version-history":[{"count":3,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/5976\/revisions"}],"predecessor-version":[{"id":5980,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/posts\/5976\/revisions\/5980"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media\/5978"}],"wp:attachment":[{"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/media?parent=5976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/categories?post=5976"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/calebdewey.com\/index.php\/wp-json\/wp\/v2\/tags?post=5976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Register](\"http:\/\/calebdewey.com\/wp-content\/uploads\/2025\/06\/artemis-london-2025-banner-eb1.jpg\")
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