September 2, 2019
InsurTech Blink to Participate at Inaugural Technology and Travel Summit in Toronto
The THIA Innovation Summit will explore how developments in tech are shaping the travel and health insurance industry.
Blink, the InsurTech that is currently making waves in the travel insurance sector across the globe, is to feature at the very first THIA Innovation Summit on September 9th in Toronto.
This one-day event will see business and thought-leaders from the tech and travel insurance industry around the world, come together to discuss how artificial intelligence-led innovation, blockchain, customer self-service, enterprise content development, and other technology trends are reshaping the travel health insurance industry.
Pratheesh Kumar, Customer Solutions Specialist with Blink will participate in a panel discussion on the day, looking at the topic of insurance in a digital world: how insurers and service providers can compete in an ever-changing consumer landscape.
Speaking ahead of the event Mr. Kumar said,
“Advancements in technology have led to a shift on consumer expectations when it comes to travel insurance. Business leaders need to be at the helm in assessing the new ways in which consumers perceive travel insurance, and in looking at how their business can deliver on, meet and surpass their customer’s expectations.
The THIA event promises to be an exciting and insightful day of discussion and debate between some of the most forward thinkers in the industry. During our panel discussion, we will look at what this shift in consumer behaviour means for businesses around the globe – what opportunities and challenges it presents. Crucially, we will discuss how organisations can embrace technology to capitalise on the opportunities and rise above the challenges.
Working in a company that is purely solution-driven and in which technology is at the very core of all our innovations, I hope I will be able to share a meaningful insight into how we can all leverage the extraordinary potential of technology to ensure excellence in customer service and product creation.”
Blink, an Irish company, was acquired by CPPGroup Plc in 2017, and is quickly becoming one of the most innovative and successful providers of flight disruption solutions to insurers across the globe. It offers customers a proactive real-time insurance service that meets the speed and convenience that modern customers demand, through notifying travellers instantly if a flight is delayed. Real-time event notification allows for real-time problem resolution. Blink can offer clients options such as a cash payment or access to an airport lounge, all within seconds of the disruption occurring.
Note to the Editor
Paul Prendergast (CEO) and Peter Bermingham (CTO) founded Blink in 2016, to build data driven travel disruption insurance solutions and was one of the first InsurTech start-ups to focus on travel insurance. Since then Blink has formed a number of distribution partnerships in large markets across North America, Asia and Europe.
It was also the first InsurTech in the FCA (UK) Sandbox programme, and was one of the early partnerships of Munich Re Digital Partners, the Digital Innovation arm of global ReInsurer Munich Re.
Based in Cork, Ireland, the company was acquired by CPP Group PLC (AIM CPP) in March 2017, one of the early InsurTech acquisitions globally. Since then Blink has continued its journey of building innovative solutions for its travel insurance partners globally and has partnered with global travel insurance companies in North America, Europe and Asia andlaunching transformative parametric insurance solutions covering climate, energy, utilities and travel risk each with a focus on delivering superior service experience for clients.
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About CPP Group:
CPP Group is a partner focused, global product and services company, specialising in the financial services and insurance markets. We use our local knowledge from 12 country markets within Asia, Europe and Central America to provide our business partners with technology-led product, marketing and distribution expertise that deliver commercial benefits and bring meaningful solutions to over 9 million end customers worldwide.
CPP’s diverse range of insurance and assistance products can be designed to suit the bespoke needs of our business partners through providing their customers with peace of mind by reducing the stresses of everyday life, ranging from protection of mobile phones, payment cards and household belongings to keeping travel plans moving and the monitoring of compromised personal data.
Click here for more information on CPP.