Micro Insurance
Insurance · 11-50 Employees
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Overview
Website
www.microinsurance.comRevenue
$6.2 MillionIndustry
ZI Rank: 1
Signal Type
Dec
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ZI Rank
2
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About Micro Insurance
Micro Insurance Company (MIC) is the world's first end-to-end digital microinsurance platform that combines reinsurance capacity, in-country insurance licenses, world-class distribution, and market-leading AI functionality. Our global insurance platform delivers technology, underwriting, policy management, and distribution to platforms, micro and small businesses, and to the four billion people on the planet who are currently unserved. Whereas most insurtechs seek to improve existing monoline products and markets, we follow straight through processing to create highly relevant insurance products at a very low cost.Explore more
Micro Insurance Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Micro Insurance
$6.2M
11-50
Private
$10.4M
-
JS
Joseph SchaeferChief Product Officer & Regional Director, Africa
Company Profile Activity
Activity Insights
Micro Insurance is experiencing very low activity levels compared to other companies in the Insurance sector.
What does this means?
Micro Insurance is drawing exceptional interest within the Insurance industry, suggesting notable developments or strong market momentum, learn more about Micro Insurance.
Micro Insurance financials insights
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2014
Private Equity
$10.4M
Micro Insurance Tech Stack
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Micro Insurance News & Media
Kenya’s MotiSure rides on micro-payments to drive personal mobility insurance growth
Affordability is one of the biggest impediments for insurance penetration in Kenya. Often, policy holders are required to make one-off payments for long-term covers, and the quoted sums are usually beyond the reach of most people. It is this gap that Kenyan insurtech MotiSure is working to seal. The startup, which targets motorcycle taxi (boda […]Micro Insurance Company and Bikmo Partner to Enhance Cycle-To-Work Schemes in Austria
NEW YORK, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Micro Insurance Company (MIC) and Bikmo are partnering to provide digital solutions to encourage Cycle to Work schemes in Austria. In this partnership, MIC brings their underwriting expertise, with the ability to create unique solutions for very specific, non-traditional use cases. Bikmo, a European-based insurtech that specializes in bicycle insurance, will control product sales as well as handle the claims process.Micro Insurance Company Partners With CrediOrbe to Ride to the Rescue of Would-Be Motorbike Owners in Colombia
NEW YORK, Oct. 26, 2021 (GLOBE NEWSWIRE) -- A new partnership is riding to the rescue of would-be motorbike owners who have been unable to purchase a bike in the past due to poor credit ratings.Micro Insurance Company Partners With Chamasure to Provide Digital Insurance Solutions in Kenya
NEW YORK, Oct. 20, 2021 (GLOBE NEWSWIRE) -- MicroEnsure – now part of Micro Insurance Company (MIC) – has entered into a strategic partnership with Nairobi-based insurance platform Chamasure to give communities across Kenya access to digital insurance solutions. Chamasure makes insurance affordable for more than 10 million people in underserved communities in Kenya, including groups of farmers, traders, and families. Groups sign up via an easy-to-use app and are offered customized, flexible cove
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Micro Insurance Company (MIC) is the world's first end-to-end digital microinsurance platform that combines reinsurance capacity, in-country insurance licenses, world-class distribution, and market-leading AI functionality. Our global insurance platform delivers technology, underwriting, policy management, and distribution to platforms, micro and s... Read More
