Turn the Instant Pot on to sauté mode, and let it warm up.
Add the extra virgin olive oil, peppers, and garlic. Sauté for 2 minutes until fragrant and peppers are slightly softened.
Add the brown rice to the pot and sauté for 1 minute to toast the rice. This gives the rice a nutty delicious flavour.
Turn the Instant Pot off, and add the water and pinch of salt. Swirl with a spoon to just combine.
Secure the lid and make sure the pressure release valve is in the sealing position. Turn the Instant Pot to high pressure for 4 minutes.
When the cooking time is up and the Instant Pot automatically switches to "keep warm" let the Instant Pot count up to 10 minutes.
Carefully release the pressure and remove the lid. Stir rice to combine the peppers, and serve!
Notes
Alternatively, you can cook this on the stove with a large saucepan with a tightly fitted lid. Saute the peppers and garlic in the olive oil for 2 minutes. Pour in the rice and saute for one more minute. Add the water, stir to combine, and cover tightly with the lid. Reduce the heat and let the rice cook for 15-20 minutes until all of the water has evaporated and the rice is fluffy. Do NOT remove the lid during the cooking time. Keep a close eye on the rice near the end of the cooking time, the rice is prone to burning near the end. Remove the lid and fluff the rice with a fork, and serve.