Breaking News
Instnt Enters California Market with Surplus Lines Fraud Loss Coverage
Instnt, the world’s first identity fraud loss insurance solution, announced today that its surplus lines are now available in California. The expansion enables Instnt to offer its AI-powered, insurance-backed fraud loss protection to the largest population and tech economy in the U.S.
Instnt’s offering complies with surplus lines regulations and is now accessible to California businesses. This marks a key step in the company’s nationwide expansion, following similar certifications in states including New York. It highlights Instnt’s commitment to meeting the highest standards of compliance as it introduces a new category of risk-transfer innovation to financial institutions, fintechs, and digital-first businesses in California.
“To genuinely help eliminate fraud loss from balance sheets, we need to meet businesses where they are, and that means earning trust at both the regulatory and operational levels,” said Sunil Madhu, Founder and CEO of Instnt. “California is home to some of the most innovative companies in the world. We’re proud to bring our solutions to businesses in the state through the surplus lines market to mitigate fraud loss.”
Instnt’s Fraud Loss Insurance solution enables organizations to transfer residual fraud losses from their balance sheets to globally AM Best A-rated insurers without replacing their existing fraud tools. Designed for seamless integration through no-code or low-code implementation, Instnt can be deployed in days, providing immediate protection with minimal disruption.
With fraud losses exceeding $485 billion worldwide in 2023, and each $1 in fraud costing U.S. financial institutions an average of $4.41, Instnt empowers organizations to stay ahead of increasingly sophisticated threats while safeguarding customer onboarding and revenue growth.
Now Available to California Businesses
Businesses operating in California can now access Instnt’s groundbreaking fraud loss insurance solution. Visit https://instnt.ai or contact hello@instnt.ai for more information or to request a tailored quote.
People In This Post
Companies In This Post
- Business Show Media, Organizer of the World’s Largest Business Events, Reimagines the White Label World Expo for an Exciting New Era Read more
- The Finalists Announced for the 2025 FF Awards Read more
- How the New Generation of Digital Wallets Will Upend Fintech Read more
- EXCLUSIVE: “‘Shadow Boxing'” – Rajul Sood, Acuity Knowledge Partners in ‘The Fintech Magazine’ Read more
- Vennre Builds Wealth Tech Platform Read more
OpenDialog and Durell Announce Strategic Partnership to Bring AI-Powered Quote Journeys to Insurance E-trade
OpenDialog, the AI Agent platform built to transform customer journeys in insurance, today announced a strategic partnership with Durell, an established provider in the insurance software market.
Nearmap and Zurich Advance Property Underwriting with AI Integration
Zurich North America has partnered with Nearmap to integrate AI-powered property intelligence and high-resolution aerial imagery directly into its U.S. Middle Market underwriting systems. The collaboration is designed to help Zurich underwriters assess risk more efficiently and tailor coverage with greater precision.
Quandri Unveils AI-Powered Requoting in the US, Revolutionizing Personal Lines Insurance Renewals
Quandri, the AI platform modernizing servicing work for insurance agencies, has announced the U.S. launch of its new Requoting capability.
EIS Unveils Eis OneSuite™ Powered by CoreGentic™, Embedding AI, Agentic Orchestration, and Natural Language at the Heart of Insurance
EIS, a leading cloud-native core platform provider to the insurance industry, today announced EIS OneSuite™ powered by CoreGentic™, a major expansion of its flagship platform, OneSuite.
Asia Insurance Has Launched With CoverGo To Enable End-to-End Health Insurance Digital Experience
Asia Insurance, one of the leading general insurers in Hong Kong and Macau, has officially gone live withCoverGo’s next-gen, end-to-end health insurance platform, to power a fully digital, end-to-end health insurance journey for its customers, distribution partners, and internal teams.
Sixfold Launches Referral Agent: Turning AI Insights Into Instant Underwriting Action
Sixfold, the underwriting AI company, today announces that it has expanded its P&C platform with Referral Agent – a major step toward AI that doesn’t just deliver insights but acts on them. Referral Agent flags cases for referral and builds a ready-to-send package in one click, setting the stage for more action-oriented capabilities across underwriting.
One Inc Expands Life Insurance Payments Ecosystem Through Partnership with Equisoft
One Inc, the leading payments network for the insurance industry, today announced a partnership with Equisoft, a global provider of advanced digital solutions for the financial services industry. The collaboration brings together One Inc’s PremiumPay® platform and Equisoft’s industry-leading life insurance policy administration solutions to deliver a frictionless, modern premium payment experience for insurers and their policyholders.
Business Show Media, Organizer of the World’s Largest Business Events, Reimagines the White Label World Expo for an Exciting New Era
Business Show Media, the award-winning powerhouse behind the world’s most influential business events, has officially acquired the White Label World Expo, with a vision to transform it into an unmissable global platform for innovation, partnerships, and growth.
The Finalists Announced for the 2025 FF Awards
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
How the New Generation of Digital Wallets Will Upend Fintech
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
EXCLUSIVE: “‘Shadow Boxing'” – Rajul Sood, Acuity Knowledge Partners in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Vennre Builds Wealth Tech Platform
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Evolving Role of Payment Orchestration in E-Commerce
As global e-commerce continues to surge, the need for seamless, intelligent, and flexible payment infrastructure has never been greater. With online shopping reshaping retail and customer expectations rising, merchants are increasingly investing in technologies that optimise payment flows, reduce friction, and maximise conversion rates.
OpenPayd Appoints Yasemin Swanson as Chief Operations Officer
OpenPayd, a leading provider of financial infrastructure, today announced the appointment of Yasemin Swanson as its Chief Operations Officer. Swanson joins from ClearBank, where she was Chief Business Officer.