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How Universal Identity and Fraud Insurance Combine to Combat First-Party Fraud With Instnt | FF Virtual Arena #322
In this FF News Virtual Arena, we speak to Sunil Madhu, co-founder and CEO of Instnt, to get a special insight into the current fraud landscape in financial services and find out how their unique and ground-breaking solution can help banks in the US.
Madhu, discusses the growing prevalence of First Party Fraud and what banks are currently doing to combat against it. Unfortunately this comes with the consequence of lengthy KYC processes that can reject innocent customers and cost time and money. Insuring against fraud loss whilst also providing innovative universal ID tech could be the solution. Watch this interesting interview to find out more.
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- New Cyber Insurance MGA Launches with Exclusive Partnership with Global Cybersecurity Firm, Trend Micro – Targeting US Customers Read more
- Shift Technology Launches Shift Claims to Power Claims Transformation with Agentic AI Read more
- Zego Leads the UK Shift From Black Box to App-Based Telematics Insurance Read more
- Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood Read more
- 50% of UK Women Still Uninsured: The Gender Gap in Life Cover Read more
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Invision Cyber, a new cyber insurance MGA founded by Acies with London and Lloyd’s market veteran Stuart Essex and cyber expert James Ingram, has entered into a strategic partnership with global cybersecurity leader Trend Micro to offer a cyber insurance product tailored exclusively for Trend Micro customers in the US.
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Zego, the UK’s first insurtech unicorn and a pioneer in telematics insurance, announced its ambition to reshape how drivers think about car insurance.
Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood
The World Life Insurance Report 2026, conducted jointly by the Capgemini Research Institute and LIMRA, shows that even though 68% of adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings do not align with their financial priorities, hindering adoption.
50% of UK Women Still Uninsured: The Gender Gap in Life Cover
Despite juggling care roles and household duties, many UK women remain without life insurance, leaving dependants vulnerable. Recent research from Capital for Life and Post Office Life revealed that while 53% of adults say they have a life insurance policy, gender differences persist: 56% of men have coverage compared to 51% of women. That 5-point gap signals a deeper issue in financial protection.
Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights
According to an AXA XL claims analysis, 88% of all incurred losses from its cyber claims over the last decade arise from claims that surpass $1 million, suggesting that a relatively small number of large claims are responsible for the majority of cyber losses.
Socotra Launches MCP Server, Enabling Fast and Secure Integrations with Agentic AI
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