The partnership enables travellers to access Blink Parametric’s innovative Flight Disruption and Lost Luggage protection via the Gigasure app, part of the GigaShield benefits package.
The policies offered by Gigasure are underwritten by global insurer and reinsurer SiriusPoint (NYSE: SPNT), which boasts strong financial ratings, including an A- (Excellent) from AM Best, S&P, and Fitch, and an A3 from Moody’s. Claims and assistance services will be provided by IMG, a global insurance and assistance company and a subsidiary of SiriusPoint.
Gigasure, a newly launched travel insurance provider, focusses on customer-centric policies that allow travellers to tailor coverage based on their specific needs and budget. The Gigasure app integrates Blink Parametric’s real-time support for flight and baggage delays, enhancing the overall customer experience.
Key features of the Gigasure app include the Flight Delay benefit, which automatically activates when a registered flight is delayed by three hours or more. Policyholders can choose between access to one of over 1,300 executive airport lounges worldwide or a real-time cash payout. Additionally, the Blink Lost Luggage solution provides an immediate one-time payment when a luggage delay is confirmed, helping travelers manage necessary expenses while their luggage is being located.
Both Blink Parametric benefits are data-driven and fully automated through the Gigasure app, offering real-time assistance designed to ease the stress and inconvenience associated with travel delays. This partnership underscores a shared commitment to delivering advanced, user-friendly insurance solutions in an increasingly digital world.
Ernesto Suarez, CEO, Gigasure commented, saying: “Gigasure is here to make insurance simpler, more personalised, and accessible for travellers, empowering them like never before. By offering innovative solutions like Blink Flight Disruption and Lost Luggage protection, we deliver added value and peace of mind in an unpredictable world. When we designed Gigasure, our goal was to provide an experience, not just an insurance policy that gets bought and forgotten. “
Sid Mouncey, Chief Executive Officer of Blink Parametric, added: “Our Flight Disruption and Lost Luggage solutions fit perfectly into the Gigasure online product portfolio. Backed by SiriusPoint – long-standing specialists in providing international health and expatriate medical insurance, this is another progressive, innovative move within the UK market that we’re delighted to support.”
Source: Blink Parametric
