Blink Parametric makes expansion move in Asia with India InsurTech Association
Irish insurtech Blink Parametric has joined the India InsurTech Association (IIA) as its latest member as the company explores further market development opportunities across Asia Pacific.
Blink offers real-time parametric products, and specialises in high frequency, low severity claims across the travel sector, providing flight disruption and lost luggage solutions as well as developing climate, weather, energy and business interruption products supported through its automated platform.
Blink Parametric joins an existing IIA membership of 150 insurtechs re/insurers, policymakers, intermediaries, service providers and insurance professionals. The not-for-profit organisation promotes the usage of technology across the insurance value chain in India and collaboration in the global InsurTech ecosystem.
Carl Carter (Pictured), chief commercial officer of Blink Parametric said: “This is a great first step for us into India. We respect the position that the IIA has earned in representing the InsurTech sector. We share the same goals, and it makes sense for us to network with innovators and decision-makers across the industry to see how we can work together to continue to drive positive change.”
Prerak Sethi, India InsurTech Association co-founder added: “We’re delighted to welcome Blink Parametric to our IIA membership. We know our network and organisation will benefit from the insights and expertise of the team and add momentum to our progressive, vibrant InsurTech community. We look forward to working together.”
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