Protect Group, a provider of ancillary travel products, has announced a partnership with Blink Parametric to integrate real-time parametric travel protection services within Protect Marketplace.
A Press release noted this partnership brings Blink’s technology to travel providers such as airlines, online travel agencies, and airports, introducing automated solutions for flight disruption and delayed baggage protection.
Blink Parametric’s parametric technology aims to simplify traditional travel protection through data-driven assessments and automated compensation based on predefined triggers. By incorporating this approach, Protect Marketplace offers travel operators and service providers a way to provide instant support to travelers facing delays or baggage issues. Blink’s system automatically issues payouts to eligible customers, bypassing the need for travelers to file complex claims.
Jason Walsh (pictured, right), chief product and marketing officer at Protect Group, said the collaboration supports their goal of offering efficient travel disruption services. “This partnership enhances our offering by making travel disruption services faster, simpler, and more customer-focused—meeting the needs of our partners and their customers,” said Walsh.
Through Protect Marketplace, the parametric services can be implemented with minimal technical setup. Once in place, partners can use real-time data to issue compensation directly. Protect Group, which does not operate as a traditional insurance provider, extends these services across regions, offering flight delay and delayed baggage protection as part of its broader travel protection options.
For travel operators, the automation of compensation for specific disruptions also provides the potential to strengthen customer relations. By simplifying the process, Protect Group and Blink Parametric address the growing demand for efficient, customer-friendly travel solutions, according to a news release.
Sid Mouncey (pictured, left), CEO of Blink Parametric, noted that the partnership enables Blink to extend its parametric insurance model to a broader base of travelers through Protect Group’s network. “Partnering with Protect Group allows us to remove the pain points of traditional insurance whilst bringing real-time, customer-friendly protection via their partner base to more travellers, helping them manage the unexpected with ease,” Mouncey said.
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