The Micro Insurance Company (MIC) was established to address the "insurance poverty trap" by creating accessible and affordable insurance products for underserved populations globally. It operates as the world's first global, end-to-end microinsurance specialist, managing the entire insurance process from product design and pricing to policy administration and claims processing. The company's mission is to provide a commercial and social safety net that helps low-income individuals and small businesses manage risk, recover from shocks, and achieve financial stability.

Founded in

United States