Irish insurtech Blink has partnered with Allianz Partners to roll out its travel disruption insurance platform in the UK this month.
According to a statement by Blink, this is the company’s first-such deal on this scale in the UK. It will provide flight disruption cover to Allianz Partners and affinity policyholders through the Allianz Assistance brand, extending Allianz Assistance support to UK policyholders wherever they are travelling worldwide.
Through its Blink Parametric platform, the firm offers a data-driven travel disruption product. Once a traveller registers their flight details, Blink will monitor that flight in real-time. Any flight disruption that occurs to the registered flight automatically results in the traveller being notified, allowing real-time problem resolution. The traveller is immediately offered service choices within their policy terms, which Blink says can help eliminate the stress and consequences of the disruption.
“Allianz Partners has been definitive from the outset in placing customer needs at the centre of the process and are firm advocates for embedded, seamless insurance processes,” said Paul Prendergast, CEO of Blink. “As a result, we have built a robust service that can process more than 60,000 claims per hour and will support the provision of real-time flight disruption cover for any flight delayed by more than two hours to Allianz Partners and affinity policyholders.”
The partnership is the culmination of collaboration between Allianz Partners, Blink and LJS Global (formerly Lumley Jacobs), an acquisition and retention specialist in the insurance space.
“We have absolute confidence that this new and pioneering Blink dimension will have a very positive impact on our portfolio of travel insurance solutions,” said Rachel Temperton, head of travel & tourism at Allianz Partners. “We are delighted to partner with the best insurtechs to deliver cutting edge solutions and we firmly believe that this will transform the travel insurance experience for our customers.”
