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News & Events

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Blink Teams with Zurich Canada

Zurich Canada teams with Blink Parametric to strengthen its post-pandemic solutions in the travel insurance market Top-three global travel insurance provider Zurich offers services for Canadian travellers   Cork, Ireland 16th February 2022 – CPP Group’s...

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Blink Announces Partnership With AwayCare

Blink Parametric Teams Up With Travel Insurance Specialists AwayCare Partnership to provide innovative real-time flight disruption cover solution to Canadian travellers worldwide   Cork, Ireland 11th January 2022 – Blink Parametric, one of the world’s...

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Management Handover at Irish Insurtech Blink

Co-founders decide to depart after completing successful start-up   Cork, Ireland 25th March, 2021 The co-founders of Irish insurtech Blink Parametric are stepping down after deciding it is the right time to look at new opportunities having built a successful...

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Blink Announces Partnership With Home & Legacy

Latest partnership is launched with one of the leading specialist providers of high value insurance in the UK H&L offers worldwide real-time flight disruption solution for travellers   Cork, Ireland – 19th March 2021 Irish Insurtech Blink Parametric announces...

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Industry giant Allianz Partners joins forces with Blink

Industry giant Allianz Partners joins forces with Blink as it pioneers post-pandemic travel insurance transformation   Cork, Ireland 28th January 2021 Irish Insurtech Blink announces a major rollout of its travel disruption insurance platform in the UK this...

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CEO Paul Prendergast speaks with Alex Bond in The Leadership in Insurance Podcast

Check out our CEO Paul Prendergast in conversation with Alex Bond of Finpro on the below podcast. Highlights include: How parametric solutions reduce the unit cost of insurance, How starting with the end customer can be the wrong approach – Blink start with the underwriter and how attitudes of successful Instech startups in 2021 are different to 5 years ago – less adversarial impact of social media on insurance. 

Listen to the full podcast here:

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Irish InsurTech Blink Launches New Business Interruption Solution Developed Within The Prestigious Lloyd’s Lab Innovation Accelerator Programme

Blink Interruption – Key Features

Open Banking Validation: real-time monitoring and large-scale integration with 11,500 banks and credit unions enables automatic claim validation and is sufficient to prove the hurricane’s impact on the business.  
Early liquidity provided post-event will allow businesses to recover and reopen.  Prendergast advised, “Traditional business interruption claims on average take between 6 months and 2 years by which time, it is too late. Blink Interruption offers early intervention when it matters most to business owners.”

George Beattie, Lloyd’s Lab mentor and Head of Incubation Underwriting at Beazley, and global insurer with offices in Europe, Asia, and across North America added, “Blink have built an innovative concept in 10 weeks that offers a novel solution to a real challenge facing our industry- providing fast business interruption validation and claims processing. The product’s simplicity, transparency and real-time service enables insurers to support customers in their time of need. The solution offers insurers significant potential in enhancing the quality of claims servicing- an essential element of customer success. Beazley has ambitious plans with regards to product innovation and parametric products form an exciting part of the landscape. As a result of mentoring Blink during their Lab experience, we are looking forward to exploring parametric opportunities together and seeing how we can deliver ground-breaking new products to market”.

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Parametric Insurance is transforming CX in 2020

All companies are focussing on digital transformation as they endeavour to meet the rapidly changing needs and expectations of their customers. Customers want fast, intuitive and personalized experiences across touchpoints, with the result that they are now comparing...

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Blink Luggage – New Product Launch

Blink adds Blink Luggage to Travel Insurance Platform as it expands real-time insurance solutions in readiness for a post-COVID-19 world   We are really excited to launch Blink Luggage and continue building the next generation of Travel Insurance services in a...

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