Aditya NS

MIC Global, the Micro Insurance Company, was formed through the merger of TonkaBI, STP Insurance Services, and MicroEnsure which brings together resources, expertise and skills in underwriting, technology and distribution for micro insurance - MIC Global provides insurance to internet platforms, millions of micro & small businesses and to the 4 billion people on the planet that are currently unserved. Whereas most Insurtechs seek to improve existing monoline products and markets, we follow the concept of straight through processing to create highly relevant insurance products and to offer them globally and at very low cost so that we can support people in their local communities. Insurers have been operating for decades and yet billions of people and millions of businesses still have no access to the safety net that insurance provides. Insurance is a highly fragmented market fixated on complex products, cumbersome customer journeys and stymied systems that prevents the swift payment of claims. MIC Global is world's first global end-to-end digital micro insurance solution that has combined reinsurance capacity, in-country insurance licenses, world class distribution and market leading AI functionality.