Venture-backed insurtech Instnt has announced a partnership with Munich Re, aimed at boosting the reinsurance capacity for its fraud loss insurance product. This collaboration represents a significant step forward for Instnt, which is headquartered in New York and specializes in integrating technology with insurance solutions.
Instnt offers an innovative platform that combines AI-driven identity verification and fraud detection with insurance protection. Their goal is to help businesses mitigate risks associated with fraud, making it easier for them to focus on growth while reducing exposure to potential losses.
As part of this partnership, Munich Re, a prominent global reinsurer, will provide additional capacity, which allows Instnt to better serve its clients. With both companies focused on enhancing fraud prevention measures, this collaboration could be beneficial for small to medium-sized enterprises that may lack the resources for robust fraud management solutions.
This partnership highlights a growing trend in the insurance industry where technology-driven approaches are being embraced to combat fraud. As more companies invest in tech-enabled insurance solutions, customers can expect more comprehensive options that help protect against losses, especially in an increasingly digital landscape.
Overall, the collaboration between Instnt and Munich Re showcases the ongoing evolution of the insurance sector, where partnerships between insurtech firms and established reinsurers are redefining how fraud insurance products are developed and delivered. With this initiative, both companies are positioned to make a positive impact in the fight against fraud.
Original Source: https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3SR0RL:0-instnt-partners-with-munich-re-to-expand-capacity-for-its-fraud-loss-product/