Gigasure, a newly launched travel insurance provider, has partnered with Blink Parametric, a leading InsurTech company, to provide real-time travel assistance solutions through its app.
The partnership marks the first time travellers can access Blink Parametric’s travel benefits through a mobile application, simplifying access to immediate, real-time support.
This collaboration aims to streamline travel insurance for customers by offering personalised, real-time solutions for flight and luggage delays.
With Blink Parametric’s technology integrated into the Gigasure app, policyholders can access immediate benefits that address the inconvenience of delayed flights or lost luggage.
Gigasure, which focuses on offering fully customisable travel insurance policies, enables customers to tailor their coverage based on individual needs and budget. Through the app, travellers can benefit from Blink Parametric’s data-driven Flight Delay and Lost Luggage solutions.
The Flight Delay service activates automatically when a flight is delayed by three or more hours, offering options such as access to over 1,300 executive airport lounges or a real-time cash payout. For luggage delays, a one-time payment is issued to help cover expenses while the luggage is located.
Blink Parametric specialises in delivering automated, real-time travel solutions, enhancing the customer experience by ensuring that claims are processed efficiently. By integrating Blink’s technology into Gigasure’s platform, the partnership is poised to revolutionise how travellers access travel insurance benefits, particularly in moments of unexpected disruption.
Both companies aim to provide customers with peace of mind by alleviating the stress associated with travel delays. This partnership also signifies Blink Parametric’s ongoing expansion into the UK market, backed by SiriusPoint, the underwriter of Gigasure’s pol
Blink Parametric’s travel solutions aim to optimise operational efficiency, processing high-frequency, low-value travel insurance claims for real-time resolution when travellers need it most.
Ernesto Suarez, CEO, Gigasure commented: “Gigasure is here to make insurance simpler, more personalised, and accessible for travellers, empowering them like never before. By offering innovative solutions like Blink Flight Disruption and Lost Luggage protection, we deliver added value and peace of mind in an unpredictable world. When we designed Gigasure, our goal was to provide an experience, not just an insurance policy that gets bought and forgotten. We were inspired by Blink Parametric’s innovation, which is at the forefront of insurtech and traveltech evolution, just like us. We’re excited to collaborate and bring these unique benefits to market through an app for the first time and look forward to supporting our customers together.”
Sid Mouncey, Chief Executive Officer of Blink Parametric, acknowledged the partnership for supporting ongoing growth in the UK market, “Our Flight Disruption and Lost Luggage solutions fit perfectly into the Gigasure online product portfolio. Backed by SiriusPoint – long-standing specialists in providing international health and expatriate medical insurance, this is another progressive, innovative move within the UK market that we’re delighted to support.”
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