Instnt
Software DevelopmentNew York, United States11-50 Employees
Instnt operates in software development and is based in New York, NY. The company focuses on underwriting and transferring fraud risk to insurance partners, aiming to insulate businesses from fraud losses by using AI-driven and pluggable agent solutions. Its approach shifts fraud-related losses off balance sheets to A-rated global insurers, with the goal of improving growth margins, cash flows, and tier-1 capital ratios for its clients. Target customers appear to be businesses facing fraudulent activity and related financial risk, seeking ways to insure against fraud losses. Instnt positions itself within the fraud protection and insurance-backed risk-transfer space, leveraging technology to underwrite the fraud that evades initial defenses. The firm’s recent activity includes launching an AI-powered fraud loss insurance program, which transfers fraud risk to insurers. The company operates in a mid-sized market segment and has a presence in New York, serving clients likely across various industries that require robust fraud protection and insurance coverage for exposure to fraud losses.