Instnt Partners with Munich Re to Bolster Identity Fraud Loss Insurance Coverage

About this update from Munchener Ruckversicherungs-gesellschaft Ag

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":270,"url":"https://media.zenfs.com/en/business-wire.com/35db2d11dc24e7ecd3dbfc1eb2bc3bf0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/oKtLYGP.8VsYT_PTLjMTyw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/35db2d11dc24e7ecd3dbfc1eb2bc3bf0","width":480,"height":270}},"lazy":false},{"type":"text","content":"Expanding List of AM Best A Rated Insurers Offering Reinsurance Coverage","length":72,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, June 24, 2025--(BUSINESS WIRE)--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.","length":351,"tagName":"p"},{"type":"text","content":"Fraud has long imposed a heavy burden on businesses, costing an estimated $485.6 billion globally in 2023 (Nasdaq, 2024). Instnt is changing that narrative with a first-of-its-kind solution that merges AI-driven identity verification and fraud detection with insurance-backed protection, helping businesses transfer fraud risk and recover quickly when losses occur.","length":365,"tagName":"p"},{"type":"text","content":"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.","length":335,"tagName":"p"},{"type":"text","content":""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."","length":478,"tagName":"p...

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