Add the macaroni, milk, evaporated milk, cream, butter, salt, pepper and paprika to the insta-pot and stir to combine
Cook on high pressure for 30 minutes. Allow the pot to release on its own.
Once the pressure has been released, add in the Gruyere, Cheddar, and Gouda, in small batches.
Serve immediately or keep on warm until serving time.
Notes
Culinarian Suggestions: You can make this dish ahead. Just place the insert in the fridge until you are ready to serve. Replace the insert into the pressure cooker and place the pot on warm, occasionally stirring. If the mac and cheese gets a little thick, you can loosen the sauce by adding one tablespoon of milk at a time until you achieve the desired thickness or lack thereof.