December 19, 2024
Blink Parametric Launches Flight Disruption ‘FlyEasy’ travel proposition with Zurich Indonesia and Zurich Edge
‘FlyEasy’ parametric cover is now available on Zurich Indonesia’s Travel Product: offering real-time lounge access for delayed flights
This expansion is part of the agreement signed in January 2024 to offer this award-winning flight delay solution to Zurich’s customers across Asia Pacific via the Zurich Edge Platform
CORK, Ireland – 19th December 2024 – Blink Parametric announces today that its flight disruption assistance solution is now available as ‘FlyEasy’ coverage on the Zurich Indonesia direct channel via the Zurich Edge platform. Leveraging parametric technology, the proposition has been designed to instantly activate coverage benefits upon confirmation of a flight delay. This seamless, fully-digital approach provides ultimate convenience to customers, relieving them of traditional claims processes and allowing them to enjoy their travels with greater peace of mind.
This integration is the second rollout this year under the framework agreement to offer Blink Parametric solutions to Zurich Asia Pacific network partners and customers across Singapore, Hong Kong, Malaysia, Indonesia and Japan. The first was with Singapore-based OTA Klook in March.
Once a customer registers their flight details pre-travel, Blink Parametric monitors that flight in real-time. In the event of a flight delay of two-hours, the customer will automatically be offered real-time assistance of complimentary access to a VIP airport lounge. The lounge pass will have extended validity with a shelf-life of six-months if not used on the day of disruption. The benefit will be applicable for single trip and annual multi-trip executive and premier international travel plan insurance customers, with no claims filing or application processing required.
“This latest Zurich Indonesia integration coincides directly with our strategic move to further expand and support our business development and partner activities across the APAC region,” says Richard Pollard, Director of Strategic Accounts, Blink Parametric. “Our work with the Zurich team this year has been significant, with two successful launches to date. It’s now possible for Zurich partners to tap into the Zurich Edge platform and deploy our real-time travel assistance solution under the FlyEasy brand with speed and efficiency – exactly how it should be!”
Blink Parametric is recognised as one of the most innovative and successful providers of travel InsurTech solutions to insurers world-wide. It offers real-time assistance and service choices to travellers impacted by flight disruption events. Blink Parametric travel solutions are fully customisable and designed to deliver operational efficiency on processing high frequency, low value travel insurance claims when the traveller needs immediate real-time claim resolution.
Sukma Darman, Head of Digital, Zurich Indonesia commented, “One of Zurich Edge’s key objectives is to bring a fresh perspective on insurance to our partners and customers so that we can deliver personalised, customer-centric solutions using next-gen technology. Blink Parametric have helped us to achieve successful travel insurance integrations for the Asia Pacific region throughout this year, including delivery of innovative real-time assistance for our valued customers when they need us.”
PT Zurich Asuransi Indonesia (Zurich Indonesia) is licensed and supervised by Otortitas Jasa Keuangan.
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Note to the Editor
About Blink Parametric
Blink Parametric is a multi-award-winning global InsurTech that transforms its clients’ traditional insurance offerings into superior service experiences with simple, intuitive and transparent parametric products. Its platform serves as the conduit for high frequency, low value claims across Travel, with flight disruption and lost luggage solutions as well as developing solutions within the business interruption sector and online personal data monitoring and cyber solutions. It partners globally with insurance and financial services companies in Africa, Asia, Europe, North America and Central and Latin America.
For further information visit: https://blinkparametric.com
About Zurich Indonesia
Zurich Indonesia serves customers in the life insurance segment as well as conventional and sharia general insurance through PT Zurich Topas Life (ZTL), PT Zurich Asuransi Indonesia Tbk (ZAI), and PT Zurich General Takaful Indonesia (Zurich Syariah).
For more information about Zurich Indonesia, visit: https://www.zurich.co.id/en
About Zurich Edge
Zurich Edge offers a fresh perspective on insurance, where digital innovation converges with deep expertise to create tailored solutions that add value to business. It brings together a suite of technology capabilities and insurance expertise to provide partners and their customers with a refreshed, seamless and elevated approach to digitally embedded insurance – across all Asian markets where Zurich operates.
For more information about Zurich Edge, visit: https://www.zurich.com.sg/zurich-edge
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