Blink was founded in 2016, a Parametric as a Service (PAAS) InsurTech, focused on a flight disruption travel insurance solution to prove its parametric platform. Benefits can include complimentary airport lounge access, hotel rebooking options and instant payment when the insured's flight is delayed, all done seamlessly through the traveller's smartphone. Enabling companies to communicate with customers in real-time, offering alerts, status updates, service benefit options and importantly, compensation, has been a cornerstone of Blink's ongoing success.

Celebrating the new partnership, Kata Ludvig, CEO and Co-Founder at baoba, said: "Today represents another important milestone for baoba. Blink is enabling us to further expand our client portfolios with travel insurances that are street-smart, automated, modular, on-demand, value-add and supported by claim processing and real-time pay-out solutions. This is our sweet spot - where world-class insurtech and inspiring customer experiences converge. Right now, our partners can link to us with a single API to embed parametric products, sell standalone products or upsell during their customer journey. Following our successful integration of Blink's platform, we are now well underway to transitioning multiple partners towards the launch of their own parametric products. This is gamechanging for our business and we are truly excited by the potential that lies ahead."

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

CPP Group plc published this content on 19 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 April 2022 11:43:02 UTC.