Blink and you won’t miss its Canada launch for travel insurance
Irish insurtech Blink Innovation has gone public on its launch in Canada with travel insurer Blue Cross in Ontario and Quebec.
The Cork-based firm says it has got a “significant” uptake in the travel delay add-on “Serenity Service”, with thousands of clients registering for the service.
Paul Prendergast, CEO of Blink, says: “Our partners in Canada have been hugely positive about how well-received the service has been, and the figures show that more and more Blue Cross clients are registering with the ‘Serenity Service’.”
Blink is a subsidiary of financial assistance product provider CPP Group and offers “flight disruption” solutions to insurers.
It was founded in 2016 and has formed a number of distribution partnerships in markets across North America, Asia and Europe. One of them with Munich Re in 2016.
With the Blink “travel disruption” solution, a traveller is notified instantly if a flight is delayed. The firm offers clients options for a cash payment or access to airport lounges – and books and pays for hotel accommodation.
Prendergast and Peter Bermingham (CTO) founded Blink in 2016. It was also the “first insurtech” in the UK’s Financial Conduct Authority (FCA) sandbox programme.
Blink was acquired by CPP Group in March 2017.