Initially focused on specific segments of the direct book of travel insurance business, the partnership has now taken a leap forward. The announcement confirms the integration of Blink Parametric’s cutting-edge flight disruption solution into the MAWDY Ireland InsureandGo travel insurance brand, making this advanced offering directly accessible to consumers.
Blink Parametric has gained widespread recognition as a prominent provider of travel insurtech and parametric solutions for insurers globally. With a focus on real-time assistance, the company addresses the increasing frequency and scale of flight disruption events, often triggered by surge events like extreme weather conditions.
The recent collaboration with MAWDY Ireland’s InsureandGo Travel Insurance is the latest addition to Blink Parametric’s series of global partnerships. The Cork-based company, known for its eight-year growth story, continues to expand its reach and impact within the industry.
The newly introduced parametric-powered benefit is set to enhance the travel insurance experience for InsureandGo customers opting for single trip or annual multi-trip coverage under either a platinum or gold policy. The innovative solution kicks in when a flight is disrupted by more than three hours. Eligible policyholders will receive automatic notifications and gain real-time access to one of over 1,300 executive benefits, ensuring a seamless and responsive experience during unexpected travel disruptions.
Speaking about the launch, Sid Mouncey, Chief Executive Officer of Blink Parametric, said, “This project is a great demonstration of how we can deliver on the needs of a complex multinational travel Insurer and brand, structured to serve unique regional needs and requirements. The result is a truly successful collaboration. Together with the InsureandGo and MAWDY Ireland teams, we are celebrating that we are now live with a real-time digital flight disruption solution tailored to their specific brand and market! I’m delighted that from today we have uniquely added to the extensive insurance support services available to the InsureandGo Ireland customer base in their time of need worldwide.”
Declan Murphy – Head of Commercial, MAWDY Ireland, also commented, saying: “This is the first quarter since our agreement with Blink Parametric last October and we mark it with the early completion of our first brand to embed real-time flight delay services. InsureandGo is one of Ireland’s travel insurance specialists, supporting value-add, world-class, direct-to-consumer products and services.”
He added: “With the success of this integration, we are delivering on our customer care, product innovation and commercial commitments and are set to build further on these, starting immediately with the next phase of implementation across our range of travel insurance products and partner brands in line with our strategy for 2024 and beyond.”
Author: Joanna England
