API Solutions for quick delivery.
Product
Blink Energy
Exposure to frequent and unpredictable environmental changes is now impacting on our energy consumption levels
Blink Energy Parametric Insurance Solution can be designed to monitor the increase or decrease in energy usage during a pre-defined time period. Based on data-led assessment, it can deliver insurance cover, as oil, gas, electric and renewable energy shifts in terms of demand and cost. To find out more get in touch today.
Get in touch
Exposure to frequent and unpredictable environmental changes is now impacting on our energy consumption levels
Blink Energy Parametric Insurance Solution can be designed to monitor the increase or decrease in energy usage during a pre-defined time period. Based on data-led assessment, it can deliver insurance cover, as oil, gas, electric and renewable energy shifts in terms of demand and cost. To find out more get in touch today.
Blink Energy monitors IoT system performance day in, day out, round the clock
- Blink Energy
Solutions for our Partners
White label and configurable to your needs and API.
Full report suite and dashboard functionality.
Parametric product bundled with real-time solution
How It Works
Blink Energy
Parametric Insurance Technology Solutions
Meet Jennifer
Jennifer purchases insurance policy via Blink Energy
Jennifer selects cover on chosen risk and agrees parameters
Payment issues...
FAST!
Immediate claims decision
Event occurs and claim is registered on platform
Scenario 1
Problem
Sub-zero temperature
Temperature has dropped to sub-zero degrees during a fixed calendar period. You have insurance for this risk.
Action
Assessment
Software plugs into weather data and automatically registers sub-zero temperature within your date range
Remedy
Compensated
You get paid €50 automatically (or it can be a credit on your ACME Energy bill).
Scenario 2
Problem
Above-norm temperature
Temperature increases above the seasonal norm during a fixed calendar period. You have insurance for this occurring.
Action
Assessment
Software plugs into weather data and automatically registers consistent above-norm temperature within your date range.
Remedy
Compensated
You get paid €50 automatically (or it can be a credit on your ACME Energy bill).
Scenario 3
Problem
Power Outage
Power outage for more than one hour. You have insurance for that event occurring.
Action
Assessment
Software plugs into national grid and automatically registers power outage.
Remedy
Compensated
You get paid a fixed amount of €100 to cover freezer content losses.
Proven Success for Jennifer
"Have a good day"
Solutions delivered in minutes; Immediate claims decision; Payment or credit issued …FAST!!
24/7 Dark Web Monitoring
Immediate alerts
Action & reduction plans provided
Helping clients take back control
"Have a good day"
What are the benefits of Blink Energy?
Enhanced customer experience
Simple, intuitive interface for ease of use; hassle-free, immediate self-service claims decision and payout.
Product Innovation
Enabling the launch of insurance products leveraging smart contracts. Low-cost delivery model with no requirement for high-cost 3rd party administrators.
Cost-down opportunities
Dramatically reduces claims processing time; accelerates payments and increases customer satisfaction.
Sustainable investment
Designed for cost effective launches of multiple insurance products.
API Delivery
API delivery ensures low integration effort and fast product launches.
Find Out More About Us
Blink Travel
No one likes travel disruption when they’re flying. Blink offers customers a proactive real-time insurance service that meets the speed and convenience that modern customers demand.
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Blink Climate
Metric-based insurance solution adaptable to risk factors including climate change, extreme weather and natural disasters. The potential is limitless.
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Blink Energy
Parametric insurance technology solution adaptable to such risk factors as domestic appliance and industrial-led IoT.
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