MIC Global announced that it has received $6 million in funding from Launchpad Capital, Ironsides Partners LLC, Greenlight Capital Re, Ltd. and other investors
January 24, 2024
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MIC Global has announced that it has raised $6 million in a seed round of funding led by Launchpad Capital on January 25, 2024. The transaction included participation from new investors Ironsides Partners LLC, Greenlight Re Innovations and existing investors.
Greenlight Capital Re, Ltd. provides multiline property and casualty insurance and reinsurance through its licensed and regulated reinsurance entities in the Cayman Islands and Ireland, and its Lloyd's platform, Greenlight Innovation Syndicate 3456. Its property business covers personal lines, commercial lines exposures and automobile physical damage. The property business includes both catastrophe and non-catastrophe coverage. Its casualty business covers general liability, motor liability, professional liability, and workers compensation exposures. The Company's multi-line business includes the Funds at Lloyd's business. Its other business covers accident and health, financial (including transactional liability, mortgage insurance, surety, and trade credit), marine, energy, as well as other specialty business, such as aviation, crop, cyber, political, and terrorism exposures. Its subsidiaries include Greenlight Reinsurance, Ltd., Greenlight Re Marketing (UK) Limited, and others.
MIC Global announced that it has received $6 million in funding from Launchpad Capital, Ironsides Partners LLC, Greenlight Capital Re, Ltd. and other investors