Lloyd’s entrant MIC Global aims to provide insurance ‘for a dollar’
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Lloyd’s entrant MIC Global aims to provide insurance ‘for a dollar’

MIC Global logo lloyds building.jpg

New Lloyd’s syndicate in a box (SIAB) MIC Global is looking to leverage the financial ratings and global licensing provided by the Lloyd’s market to roll out its embedded micro insurance product across the globe, with an ambition of offering policies for as little as $1.

Syndicate 5183 gained in-principle approval from the Corporation in January and is due to begin underwriting business incepting on or after 1 April.

Jamie

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