Business
MIC Global Accelerates GCC Expansion from Doha, Secures Qatar Approval for MiIncome and Deepens Strategic Partnership with QIC
MIC Global, a leading full-stack embedded micro-insurance provider and Lloyd's Coverholder, today announced a major expansion across the Gulf Cooperation Council (GCC), anchored in Doha and delivered in close strategic partnership with Qatar Insurance (QIC). The milestone marks a significant step in building a new category of income-protection insurance designed specifically for the region's fast-growing digital, financial services, remittance, and telecommunications ecosystems.
About this update from Qatar Insurance Co.
[{"type":"text","content":"DOHA, Qatar, Feb. 20, 2026 /PRNewswire/ -- MIC Global, a leading full-stack embedded micro-insurance provider and Lloyd's Coverholder, today announced a major expansion across the Gulf Cooperation Council (GCC), anchored in Doha and delivered in close strategic partnership with Qatar Insurance (QIC). The milestone marks a significant step in building a new category of income-protection insurance designed specifically for the region's fast-growing digital, financial services, remittance, and telecommunications ecosystems.","length":539,"tagName":"p"},{"type":"text","content":"Central to this expansion is regulatory approval in Qatar for MIC Global's flagship MiIncome product - an embedded income-protection solution that safeguards individuals against short-term income disruption and delivers fast, digital payouts when customers need them most. Following Qatar, MIC Global expects sequential rollout across Kuwait, Oman, and Saudi Arabia, supporting regional scale through deep integration with enterprise distribution partners.","length":465,"tagName":"p"},{"type":"text","content":"The partnership between MIC Global and QIC is focused on closing one of the most significant protection gaps in the GCC: the absence of accessible, everyday income protection for digitally connected consumers and workers. Powered by MiIncome's globally pre-priced, API-first infrastructure, the collaboration enables financial institutions, remittance platforms, and telcos to embed insurance seamlessly into customer journeys - unlocking new revenue streams while strengthening customer resilience and loyalty.","length":515,"tagName":"p"},{"type":"text","content":"Over the past 12 months, MIC Global has expanded rapidly from 6 to 24 countries, now protecting tens of millions of individuals across mobility, property, and digital platform ecosystems worldwide. With Qatar established as a strategic regional base, the company expects accelerated growth across the GCC and into broader Asian markets, positioning Doha as a hub for next-generation embedded insurance innovation.","length":413,"tagName":"p"},{"type":"text","content":""This is a defining moment for income protection in the GCC," said Jamie Crystal, Co-founder & CEO at MIC Global. "With regulatory approval in Qatar and the strength of our partnership with ...