The collaboration will integrate Blink Parametric‘s real-time parametric technology into Protect Marketplace, delivering immediate upgrades to customer satisfaction with services like Flight Disruption and Delayed Baggage Protection.
The partnership leverages parametric solutions to transform traditional travel protection with instant, data-driven support. By utilising Blink Parametric’s technology, travellers impacted by flight delays or lost luggage can benefit from immediate payouts or assistance, triggered by pre-defined criteria. Unlike conventional insurance claims, which are often time-consuming and cumbersome, Blink’s automated processes allow for a more streamlined and customer-friendly experience.
Through Protect Marketplace, Protect Group now offers these enhanced protections with minimal technical integration. Once set up, partners can use real-time data to ensure that eligible customers receive instant payouts for qualifying disruptions, eliminating the need for travelers to file traditional claims. The ease of access allows Protect Group to offer services like Refund Protect, Flight Delay, and Delayed Baggage Protection across regions, complementing its existing ancillary product offerings.
The integration of Blink Parametric’s services allows Protect Group’s partners to add value, creating new revenue streams and boosting customer loyalty by offering differentiated, modernised travel solutions. The collaboration supports Protect Marketplace’s goal of expanding innovative, customer-centric ancillary products across the travel sector.
“We’re excited to collaborate with Blink Parametric to expand Protect Marketplace with parametric travel protection solutions,” said Jason Walsh, Chief Product & Marketing Officer at Protect Group. “This partnership enhances our offerings by making travel disruption services faster, simpler, and more customer-focused, aligning with the needs of our partners and their customers.”
Protect Group and Blink Parametric’s partnership marks a significant step in providing responsive, hassle-free coverage to travellers, aiming to redefine the travel experience with advanced, real-time support options worldwide.
Sid Mouncey, CEO of Blink Parametric, added, “Partnering with Protect Group allows us to scale responsive, data-driven insurance solutions across the travel sector. Together, we’re removing the pain points of traditional insurance, delivering real-time, customer-friendly protection that helps travellers manage unexpected disruptions with ease.”