Insurtech Area: Non Life / Travel Insurance
Key Offering & Proposition to the Customers:
- Flight Disruption Cover. In case of flight delays or cancellation, provide cash benefit / hotel accomodation / alternate flight travel.
- Benefit settlement in 3 minutes rather than days / weeks or months.
Key Technology Enablers:
- Parameterised, Rules based platform
- Mobile App
- Integration for realtime flight data
- Integration for payment, hotel booking
- APIs for partners
Strategy for Growth
- Partnerships with Travel Assistance Companies
- White Labeling of the Solution
Key Company Milestones:
- Established in 2016
- Partnership with Munich Re Digital Partners
- Acquired by CPP Group in 2017
- Expanded platfrom to offer Blink Climate and Blink Energy
- Blink Travel cover offered in Europe, North America, Central & South America regions
- More than 650,000 customers
Website: https://blinkblink.io
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