MiCRO - The Microinsurance Catastrophe Risk Organization: Providing Parametric Insurance to Low-Income Populations

The Microinsurance Catastrophe Risk Organization (MiCRO) is a company that aims to close the protection gap through parametric insurance. Its innovative model uses state-of-the-art technology to detect and measure severe droughts, earthquakes and excessive rainfall in order to protect vulnerable populations. This brief explains how MiCRO reaches out to different target groups and creates value for them.

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By Sara Orozco , Nicolas Morales