Blink Parametric Wins Outstanding Industry Contribution of the Year at the 2022 ITIJ: International Travel & Health Insurance Journal Awards

October 28, 2022

ITIJ Awards celebrate excellence and innovation across every sector of the international travel and health insurance industry

Cork, Ireland 28th October 2022 – Blink Parametric was awarded a significant travel insurance industry accolade for Outstanding Industry Contribution of the Year at last night’s ITIJ: International Travel & Health Insurance Journal Awards. Hosted at the conclusion of the annual ITIC Global conference at the Megaron Athens Concert Hall this year, the prestigious Awards are recognised across the global travel and health insurance industry for honouring and rewarding companies that go above and beyond to serve their customers and clients, drive forward positive change in the industry, showcasing excellence and innovation across all sectors that serve global travellers.

Blink Parametric’s Outstanding Industry Contribution acknowledged the insurtech’s support of the travel insurance sector and travelling public by the provision of directly relevant real-time insurance solutions for flight disruption and lost luggage in a time of significant travel sector uncertainty. By doing so, Blink Parametric delivered on key Award criteria which included demonstrating resilience in the face of adversity, innovation during challenging times, and leadership through best practice.

Carl Carter, Chief Commercial Officer, Blink Parametric accepted the award on behalf of the team saying: “Thank you ITIJ for this tremendous honour. I know that we are among the best and the brightest of the world’s travel and health insurance industry professionals here this evening and to have our work recognised in this way is a source of great pride and is sincerely appreciated. Our parametric platform had an opportunity to shine in this past year as global travel made its comeback. Our solutions for lost luggage and flight disruption addressed significant pain points for travelling consumers in real-time and at significant operational savings for the insurers. We are proud of what we have achieved to date and we’re only getting started!

Thank you to the Blink Parametric team for your can-do and innovative spirit. Thank you to all our global partners – for your belief in us and for helping us drive the positive industry change that is being recognised this evening.”

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About ITIJ Awards

The ITIJ Awards are the leading accolade for the global travel and health insurance industry, rewarding companies that go above and beyond to serve their customers and clients and drive forward positive change in the industry, showcasing excellence and innovation across all sectors that serve global travellers. Whether you are an insurer, underwriter, medical provider, assistance company, air ambulance operator or service provider to the industry, there is an ITIJ Award that honours your contribution to this dynamic marketplace. The ITIJ Awards are hosted at the conclusion of the annual ITIC Global conference, a celebration of industry excellence providing the perfect environment to shine a spotlight on your success with colleagues and peers from around the world. For more information, please visit: https://awards.itij.com/

About Blink Parametric
Blink Parametric is a multi award-winning insurtech company that transforms its clients’ traditional insurance offerings into superior service experiences with simple, intuitive and transparent parametric products. Its proven platform serves as the conduit for high frequency, low severity claims across Travel, with flight disruption and lost luggage solutions as well as developing solutions within the travel weather sector and online personal data monitoring and cyber solutions.

It partners globally with insurance and financial services companies in Asia, Europe, North America and Central and Latin America. Blink was founded in 2016 and 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, 2022), an annual list of the worlds’ most innovative InsurTech companies. Selected to join Cohort 5 of the prestigious Lloyd’s Lab innovation accelerator programme in 2020, it developed a market-ready Business Interruption offering. It has progressively expanded its services platform to become a world leader in parametric insurance product innovation, winning various awards including Best Use of Technology for Customer Experience and Best Customer App in the 2022 Insurance Times Tech & Innovation Awards.
For further information visit https://blinkparametric.com

About CPP Group
CPP Group is a technology-driven assistance company that creates embedded and ancillary assistance products and resolution services that reduce disruption to everyday life for millions of people around the world, at the time and place they are needed. These products are provided through partnerships with leading insurance, banking and finance companies as either embedded solutions or as relevant add-ons to enhance their core offering and deliver additional revenue streams. CPP is listed on AIM, operated by the London Stock Exchange.
For more information about CPP visit https://international.cppgroup.com

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