MIC Global is a United States based startup that focuses on protecting loss of income globally through embedded micro insurance for emerging risks. The company's slogan "Protecting loss of income. Globally. Embedded micro insurance for emerging risks, distributed via platform partners" encapsulates their core mission. Founded in 2020, MIC Global operates in the API, Financial Services, Insurance, Insurtech, and Health insurance industries. Their MiIncome digital reinsurance solution is embedded into platform companies, carriers, and brokers. The recent $6.00M Seed Round investment on 25 January 2024, led by Launchpad Capital, Ironsides Partners, and Greenlight Reinsurance, reflects investor confidence in their business model and potential for growth. With underwriting capacity via their Lloyd's Syndicate 5183 and MIC Re in Anguilla, MIC Global aims to deliver embedded micro insurance products to global partners, offering protection for specific needs unserved by traditional insurance.
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