QIC invests in three insurtechs

Qatar Insurance Company (QIC) is investing in three insurtechs as part of its expansion plan: MIC Global (USA), Digital Petroleum (Saudi Arabia) and Jaguar Transit (Singapore).

Through these strategic investments, the Qatari insurer will provide the resources and advice that will enable the three startups to expand into the dynamic markets of MENA, South Asia and Europe.

QIC is looking to develop new insurance solutions in Qatar, Saudi Arabia and the United Arab Emirates, in Asia (Singapore and India) and in developing African markets.