Blink was founded in 2016, a Parametric as a Service (PAAS) InsurTech start-up focussed on a flight disruption travel insurance solution to prove its parametric platform. It became the first InsurTech in the FCA (UK) Sandbox programme and was acquired by CPP Group (AIM CPP) in March 2017. Since then Blink Parametric made TheINSURTECH100 (2019 & 2020), an annual list of the worlds’ most innovative InsurTech companies and has expanded its services platform to become a world leader in parametric insurance product innovation. It was selected to join Cohort 5 of the prestigious Lloyd’s Lab innovation accelerator programme in 2020 developing a market-ready Business Interruption offering as part of a 10-week programme. It transforms its clients' complex offerings into superior service experiences with simple, intuitive, parametric products. Its proven platform serves as the execution conduit for high frequency, low severity claims across Commercial and Travel as well as Cyber, Climate, Energy and IoT sectors. It successfully partners globally with insurance and financial services companies in Asia, Australia, Europe, North America and Central and Latin America.
The Blink Innovation team includes world-class software developers, tech architecture design specialists and experts in business processes. Together we demonstrate tremendous creativity, passion and commitment through our pursuit of agile, innovative parametric insurtech solutions. We excel in effective project management, best-practice collaboration and integration to ensure the successful launch of transformative, compliant parametric insurance solutions. The team not only delivers on partner goals but takes care to articulate and deliver on a superior service experience for our clients.