CPP Group Insurtech Blink Parametric has partnered with MNK Re, a specialist Lloyd’s of London insurance and reinsurance broker to facilitate early launch of its parametric flight disruption solution.

The collaboration will also explore other parametric insurance opportunities for different weather, energy, climate, and bancassurance offerings.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Blink Parametric CEO Sid Mouncey said: “In MNK Re, we have a partner that shares our vision for pure Insurtech innovation. Together we will be designing and delivering simple, intuitive, online products across the Blink platform to a global client base.

“We are excited that our flight disruption solution will lead the way, followed by increasingly relevant climate and energy solutions, allowing us to showcase the outstanding partner and customer experience that MNK Re has established as its standard.”

MNK Re Group CEO Manoj Kumar said: “Using the Blink platform and its ‘engine’ demonstrates MNK Re’s unwavering commitment to superior service delivery and our customer-centric approach.

“As the travel market reopens, the unique real-time service delivers the speed and convenience that our clients both demand and deserve. It is clear that the future of insurance lies in the accessibility of simple, relevant and effective insurance coverages that better protect policyholders.”

Founded in 2016, Blink focused on its flight disruption travel insurance solution. It allowed companies to communicate with their customers in real-time and provide alerts, status updates, service benefit options as well as compensation.

In 2020, the company introduced Blink Parametric, which provides a complete suite of parametric insurance solutions.