Start‑up MKIII, which provides AI screening for credit unions and community banks, has bundled insurance against model errors into its service. MKIII, which has 11 employees, said it has referred about 5,000 new US customers this year. Co‑founder Bryan Adler told the Financial Times: “It’s all done by the machine,” adding that MKIII retains a single person who “spends three hours a day manually reviewing some [borderline] cases” for creditworthiness. Adler said the insurance offering has helped lenders reduce capital they must hold against the loans: “The main value is the capital relief,” he said.