Source: Businesswire

Instnt announces a strategic partnership with Munich Re to expand reinsurance capacity for its innovative Fraud Loss Insurance product. Instnt’s first-of-its-kind solution combines AI-led verification and insurance-backed protection to provide a path to recovery, growth, and lasting resilience against fraud.

Instnt’s partnership with Munich Re, a global reinsurer and leader in insuring emerging technologies, underscores the credibility, strength, and innovation behind Instnt’s groundbreaking offering. The collaboration deepens Instnt’s relationship with leading insurance companies, which also includes Accredited and Howden, among others.

“Instnt 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,” said Michael von Gablenz, Head of Insure AI at Munich Re and HSB. “My team utilizes experience and expertise from our aiSure™ AI insurance solution and acts as reinsurer behind Instnt’s Fraud Loss Insurance.”

“Our mission is to make fraud a manageable, insurable risk, not a constant cost of doing business,” said Sunil Madhu, Founder and CEO of Instnt. “With Munich Re’s backing, we’re delivering the robust underwriting, loss mitigation, and claims management capabilities needed to support this transformative protection.”

Read the full article: https://www.businesswire.com/news/home/20250624234889/en/Instnt-Partners-with-Munich-Re-to-Bolster-Identity-Fraud-Loss-Insurance-Coverage