MIC Global is making significant strides in the region through its partnership with Qatar Insurance Company (QIC), bringing innovative parametric micro-insurance income-protection products to Qatar for the first time. The collaboration achieved a major milestone in Summer 2025, when the Qatar Central Bank (QCB) granted regulatory approval for these products—paving the way for a new generation of accessible, technology-driven insurance solutions.
MIC Global’s parametric micro-insurance products offer fast, automated payouts triggered by predefined events, helping individuals and small businesses protect their income with speed and simplicity. Their digital-first model aligns with the growing regional demand for embedded and inclusive insurance solutions.
Building on the successful launch in Qatar, MIC Global is now working with QIC to expand these offerings across the GCC. Efforts are underway to introduce similar products in Oman, the UAE, and Kuwait, marking an exciting next phase in the company’s regional growth.
MIC Global’s continued innovation and expanding footprint highlight the impact of alumni-led ventures shaping the future of insurance across the Middle East.
