Blink Parametric
Leading parametric insurance product innovation.
Overview
Blink Parametric is an insurtech company that specializes in providing a platform for parametric insurance solutions. They partner with insurers and other businesses to embed simple, real-time insurance products into their offerings. Their primary focus is on high-frequency, low-severity events, particularly in the travel and cyber sectors. The platform is designed to be fully customizable, allowing partners to create white-label solutions that offer immediate, data-led claim payouts to their customers.
✨ Key Features
- Platform for building and embedding parametric insurance products
- Solutions for travel insurance (flight delay, lost luggage)
- Cyber insurance solutions
- Real-time, data-led assessment and immediate payouts
- Fully customizable and white-label platform
🎯 Key Differentiators
- Focus on providing a platform for others to build parametric products
- Expertise in high-frequency, low-value claims
- Multi-sector approach (travel, cyber, climate, energy, IoT)
Unique Value: Empowers insurers and brands to offer simple, real-time parametric insurance products to their customers, enhancing customer experience and creating new revenue streams.
🎯 Use Cases (3)
✅ Best For
- Flight disruption and lost luggage solutions for major airlines and travel insurers
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Complex, high-severity risks requiring individual loss assessment
🏆 Alternatives
Unlike direct-to-consumer parametric providers, Blink offers a platform for businesses to create their own branded parametric insurance products.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Enterprise tier)
🔒 Compliance & Security
💰 Pricing
Free tier: NA
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