MIC Global

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MIC Global - overview

Established

2020

Location

New York, NY, US

Primary Industry

Insurance

About

Established in 2020 and based in New York, US, MIC Global operates as a microinsurance company that provides insurance solutions for today's digital world and insurance coverage to businesses. In January 2024, MIC Global raised USD 6 million in seed funding led by investor Lauchpad Capital, with participation from other investors Greenlight Re Innovations, and Ironsides Partners. The firm, as of July 2024, has offices in the US, the UK, and India. The company's flagship product, MiIncome, provides coverage for a variety of risks, including involuntary loss of employment, natural hazards, accidents, health issues, and more.


These insurance solutions are designed to mitigate immediate financial impacts by offering automated claims processing and parametric triggers tailored to individual needs. Additional offerings include identity monitoring, travel inconvenience coverage, and protection for goods and technology. The company plans to utilize the January 2024 funding for team and market expansion.


Current Investors

Ironsides Partners, Greenlight Re Innovations, Launchpad Capital

Primary Industry

Insurance

Sub Industries

e-Financial, Commercial Insurance, Health Insurance, Analytics & Performance Software

Website

www.micglobal.com

Verticals

FinTech

Total Amount Raised

Subscriber access only

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