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MIC Global logo — Protecting loss of income. Globally. Embedded micro insuranc...

MIC Global

Protecting loss of income. Globally. Embedded micro insurance for emerging risks, distributed via platform partners.

Founded 2020 United States New York, United States 148 employees Seed Total: $18.90M API, Financial Services +3

General Information

Company Name MIC Global
Founded Year 2020
Location United States New York, United States
Employees 148
Industries API, Financial Services, Insurance +2
Funding Stage Seed
Social

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About MIC Global

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.

Business keywords: microinsurance, health insurance, insurance distribution, insurtech, gig economy, shared economy, embedded insurance, incident insurance, Lloyd's Syndicate 5183, MIC Re, digital micro insurance, global distribution, underwriting capacity, technology scalability, insurance industry transformation

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $6.00M 3
Launchpad Capital
Launchpad Capital, Ironsides Partners +1
25 Jan 2024
Seed Round $2.50M -
01 Jul 2020
Venture Round $10.40M 4
Omidyar Network International Finance Corporation Telenor
Omidyar Network, International Finance Corporation +2
09 Jun 2014

MIC Global Alternatives & Competitors

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MIC Global vs
Neosurance
Neosurance Italy

Enriching brands' offering with embedded insurance: protection where and when it matters

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13 employees
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MIC Global vs
Inclusivity Solutions
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MIC Global vs
Ki
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FAQ About MIC Global

Protecting loss of income. Globally. Embedded micro insurance for emerging risks, distributed via platform partners.
MIC Global was founded in 2020.
MIC Global is headquartered in New York, United States.
MIC Global operates in API, Financial Services, Insurance, Insurtech and Health insurance. Its work centres on microinsurance, health insurance, insurance distribution and insurtech.
MIC Global has approximately 148 employees.
MIC Global has completed 3 funding rounds, raising a total of $18.90M. The latest funding stage is Seed.
Top alternatives and competitors to MIC Global include Neosurance, Inclusivity Solutions, Ki, Stere, UnderwriteMe. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
MIC Global and Neosurance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for MIC Global, https://bouncewatch.com/company/mic-global, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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