Reinsurance News

mic global

MIC Global and VOOM Insurance partner to reinsure rideshare business

6th November 2024

Insurtech MIC Global has partnered with VOOM Insurance to provide reinsurance to its rideshare business. This partnership aligns with MIC’s mobility book and reflects its commitment to supporting innovative solutions for the future of mobility. VOOM Insurance, known for its usage-based insurance products, delivers tailored solutions for emerging mobility segments across the ... Read the full article

MIC Global to become Lloyd’s coverholder for Greenlight Re’s Syndicate 3456

11th October 2024

MIC Global (MIC) intends to become a Lloyd’s coverholder of Greenlight Re’s Syndicate 3456 (S3456), subject to applicable approvals, a strategic move that marks a strengthening of the partnership between both companies. MIC is focused on embedding micro insurance solutions for platform businesses, while S3456 is specialised in delivering market-leading insurance ... Read the full article

inDrive teams up with MIC Global for driver accident and medical coverage

25th June 2024

MIC Global (MIC), a provider of comprehensive embedded micro insurance solutions, is teaming up with inDrive, an international platform specialising in mobility and urban services, as well as local insurers. Their goal is to introduce advanced micro insurance options to inDrive drivers and passengers globally, starting in Latin America. These offerings will ... Read the full article

Merchants in India to benefit from WRMS Global & MIC Global new parametric flood resilience cover

19th February 2024

MIC Global, a full-stack embedded micro insurance provider, and WRMS Global, a climate and agriculture risk management company, have partnered to deliver parametric flood resilience cover to merchants and gig workers in India. According to the announcement, this is the first of a series of product innovations responding to increasing events ... Read the full article

MIC Global gets Lloyd’s approval

23rd June 2022

MIC Global has received approval for Lloyd's Syndicate 5183 to commence underwriting, effective immediately. According to the firm, Syndicate 5183 will be managed by Asta through Lloyd's syndicate in a box (SIAB) platform. It said that it further cemented MIC Global as an international leader in providing embedded insurance solutions to ... Read the full article

Insurtech MIC Global to establish Lloyd’s Syndicate 5183

28th January 2022

Insurtech MIC Global has received 'in-principal' approval from Lloyd’s to launch Syndicate 5183, which is scheduled to underwrite business incepting on or after April 1st, 2022. The new syndicate will be managed by Asta, a third-party managing agent at the specialist Lloyd’s insurance and reinsurance marketplace. MIC provides end-to-end digital micro insurance ... Read the full article