Fintechs & Neobanks

Fraud loss insurance for fintechs and neobanks

High-velocity onboarding is your growth engine and your fraud surface. Instnt insures the fraud that beats detection so you can approve more good customers without absorbing the losers.

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Fewer
False declines at the funnel top
Approve more good customers
9.3×
Sample premium ROI on recovered loss
Illustrative; varies by book
30 days
To reimbursement on covered claims
Denial-free, contingent on approval
The problem

Where fraud loss lands today

Growth multiplies fraud exposure

Every new-account cohort brings synthetic identities and account-takeover attempts that detection scores can only partly catch.

False declines cost real revenue

Tightening thresholds to stop fraud rejects good applicants — the false-decline tax on growth.

Losses hit the unit economics

Fraud write-offs erode contribution margin and spook investors reviewing your risk model.

The Instnt layer

Insure the fraud that beats detection

Instnt installs like an analytics tag inside your onboarding flow — no rip-and-replace of Socure, Alloy, Sardine, Sift, Unit21, or whatever you run today. It underwrites the residual fraud-loss risk your stack can’t eliminate.

Because approvals now carry insured coverage, you can loosen overly-tight thresholds and approve more good customers, knowing the fraud that gets through is reimbursed within 30 days — backed by S&P AA+ rated global insurers.

What you get

  • Insure synthetic identity, ATO, and first-party fraud loss
  • Reduce false declines and recover good-customer revenue
  • Drop-in agent — keep your existing detection stack
  • Predictable premium protects unit economics

Backed by S&P AA+ rated global insurers, including Munich Re and Swiss Re. Contingent on underwriting and approval.

Size your exposure

Estimate the fraud loss you could transfer.

120,000
$2,200
1.4%
Annual fraud-loss exposure
120,000 new accounts × 1.4% fraud rate = 1,680 fraudulent accounts × $2,200 avg exposure = $3.7M direct loss × 4.41 (LexisNexis loaded-cost multiplier) = $16.3M
$16.3M
Fully-loaded, at 4.41× direct loss
Insured recovery
$16.3M exposure × 55–80% insured recovery = $9M–$13M
$9M–$13M
Est. payback
Est. premium $4.1M ÷ midpoint recovery $11M × 12 months = 4.4 mo
4.4 mo
Net annual benefit
Midpoint recovery $11M − est. premium $4.1M = $6.9M
$6.9M
≈ $4.1M est. premium

Estimate only. Coverage and premium are contingent on underwriting and approval.

Identity. Insured.

Insure identity fraud loss for your fintechs & neobanks

Get a tailored fraud-loss exposure analysis for your institution.

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