MiCRO - Microinsurance Catastrophe Risk Organisation

MiCRO - Microinsurance Catastrophe Risk Organisation

Slogan: Closing the protection gap

Founded in 2011, MiCRO is a specialized reinsurance company headquartered in Barbados, established as a response to the 2010 Haiti earthquake. Co-founded by Mercy Corps and Fonkoze, MiCRO aims to address the protection gap in underinsured regions.

The company's focus on microinsurance makes it significant in catering to the needs of vulnerable communities facing catastrophic risks. With a diverse range of industries and a commitment to offering solutions to tackle the increasing challenges posed by climate change, MiCRO has proven its dedication towards social impact.

Although the specific details of its latest investment are currently unavailable, the potential for investment opportunities cannot be disregarded. MiCRO's positioning in the reinsurance industry and its alignment with the pressing issues of our time make it an appealing prospect for venture capitalists seeking to support impactful initiatives with a global reach. The unique approach of MiCRO in providing disaster relief through innovative insurance solutions indeed showcases promising investment prospects.