Fraud loss insurance for credit unions
A credit union cannot issue stock — retained earnings are your only source of capital. That makes every fraud loss a permanent reduction in net worth, paid for by your members. Instnt insures it instead.
Where fraud loss lands today
You cannot raise capital to absorb a loss
Without access to equity markets, every fraud write-off comes straight out of retained earnings — permanently lowering the net worth ratio the NCUA measures you against.
The loss is paid for by members
Fraud absorbed on the balance sheet shows up as thinner dividends, tighter loan pricing, and deferred member investment. It is a member cost, not a shareholder one.
Lean teams, shared infrastructure
Most credit unions run fraud defense with a small team on top of a shared core and CUSO tooling — capable of detection, but with no mechanism to transfer the loss that gets through.
Insure the fraud that beats detection
Instnt installs as a drop-in agent alongside whatever you run on your core — Symitar, Corelation, Fiserv, or a CUSO stack — with no conversion and no new vendor for your team to operate. Approved memberships are bound under a policy at approval.
When a verified member turns out to be synthetic or first-party fraud, you file a claim instead of writing it off. Covered losses are reimbursed within 30 days, denial-free, backed by Munich Re and Swiss Re, each rated A+ (Superior) by AM Best — so a hit to net worth becomes a predictable premium line in the budget.
What you get
- Protect retained earnings and your NCUA net worth ratio
- Insure synthetic-identity, third-party, and first-party member fraud loss
- No core conversion — works alongside your existing CUSO and core tooling
- 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 credit unions
Get a tailored fraud-loss exposure analysis for your institution.