MIC Global secures $6m in funding from Launchpad Capital.

MIC Global, a microinsurance provider, has raised $6m in a seed funding round led by Launchpad Capital. The funding will be used to expand MIC Global’s technology-enabled insurance platform and reach a broader audience in developed and emerging markets. MIC Global offers embedded microinsurance products tailored for underserved individuals and small businesses, operating in around 17 countries.