Fraud loss insurance for BNPL and consumer lending
Instant approvals and thin files make BNPL a magnet for first-party and synthetic-identity fraud. Instnt insures the fraud loss that detection can’t stop, so default doesn’t become your problem alone.
Where fraud loss lands today
First-party fraud looks like credit risk
“Never-pay” applicants pass identity checks and then default by design — a loss that blends into your charge-offs.
Synthetic identities scale fast
Fabricated identities open lines across providers before any bureau catches up.
Thin margins amplify every loss
On short-tenor, low-margin loans, a small fraud-loss increase erases profitability quickly.
Insure the fraud that beats detection
Instnt underwrites the identity-fraud portion of your loss curve — synthetic identities and first-party never-pay fraud — and binds coverage at approval. When those accounts turn out to be fraud, you file a claim instead of eating the loss.
Covered losses are reimbursed within 30 days, denial-free, backed by S&P AA+ rated global insurers. Your risk team keeps its underwriting; Instnt adds an insurance layer over the fraud it can’t fully predict.
What you get
- Insure synthetic-identity and first-party (never-pay) fraud loss
- Stabilize loss rates on thin-margin, short-tenor lending
- Layer over your existing underwriting — no rebuild
- Denial-free claims reimbursed in 30 days
Backed by S&P AA+ rated global insurers, including Munich Re and Swiss Re. Contingent on underwriting and approval.
Insure identity fraud loss for your bnpl providers
Get a tailored fraud-loss exposure analysis for your institution.