Fraud loss insurance for banks
Fraud charge-offs land against your allowance and your CET1 — and every dollar of provision is a dollar not deployed into lending. Instnt insures verified-but-fraudulent identity losses so capital funds growth, not write-offs.
Where fraud loss lands today
Fraud loss lands on CET1
Synthetic identities and first-party “never-pay” fraud arrive as charge-offs against your allowance — a direct drag on regulatory capital, net interest margin, and EPS.
Examiners scrutinize the volatility, not just the loss
OCC and Federal Reserve reviews probe how you quantify and provision for fraud risk. An unpredictable loss line is a supervisory conversation as well as an earnings one.
A strong BSA/AML stack still approves fraud
CIP, KYC, and sanctions screening are built to satisfy regulation, not to eliminate loss. The fraud that passes those checks stays on your books.
Insure the fraud that beats detection
Instnt sits alongside your existing verification and BSA/AML controls as a drop-in agent — no core conversion, no change to your CIP program. Every approved account is bound under a policy at approval, so a fraudulent “good” customer becomes a claim you file rather than a charge-off you absorb.
Coverage is backed by Munich Re and Swiss Re, each rated A+ (Superior) by AM Best. Covered losses are reimbursed within 30 days, denial-free — converting a volatile provision into a fixed premium your CFO can budget and your examiners can see quantified.
What you get
- Move synthetic, third-party, and first-party fraud loss off the balance sheet
- Protect CET1 and release capital held against fraud volatility
- Keep your existing CIP / KYC / BSA / AML stack — no core conversion
- Denial-free claims reimbursed in 30 days
Backed by Munich Re and Swiss Re, each rated A+ (Superior) by AM Best. Contingent on underwriting and approval.
Insure identity fraud loss for your banks
Get a tailored fraud-loss exposure analysis for your institution.