16 March 2021Insurance

Irish Insurtech Blink unveils Terrawind partnership targeting LatAm

Irish Insurtech Blink Parametric has unveiled a major expansion of its flight disruption insurance platform in Central & Latin America scheduled for launch this month.

The partnership between Blink and Terrawind Global Protection, a travel assistance solution serving millions of customers worldwide each year, will deliver a tailor-made travel solution to clients, whether travelling for business or leisure.

Paul Prendergast, CEO and Co-founder of Blink said: “We are delighted to be working with Terrawind Global Protection, a trusted and truly innovative company in a region that is hugely exciting for us. We were tasked by Terrawind to deliver a seamless, superior customer service experience for their clients and the result is a real-time service that provides options and alleviates stress when customers need it most. At a critical time when the travel industry begins to recover and we see the increasing movement of people worldwide, Terrawind’s assistance services will play an important role in restoring confidence to the travelling public and we are proud to play our part in that effort.”

Blink offers an innovative data driven travel disruption solution. Once a traveller registers their flight details, Blink monitors that flight in real-time. A delay or cancellation that occurs to the registered flight automatically results in a traveller being notified.

Terrawind Global Protection’s registered customers are offered choices that remove the stress and consequences of the delay, including airport lounge access if a flight is delayed by 3 hours or more, or a cash payout per traveller, which is immediately deposited into their Paypal account.

Blink will provide flight disruption support to Terrawind Global Protection policyholders wherever they are travelling worldwide.

Carlos Fernandez, CEO Terrawind Global Protection, added: “This is another key element in our ongoing strategy to continually add value to our client services. 2021 is a year for optimism and for recovery. By adding Blink’s flight disruption solution to our product offering, we’re affirming our confidence in the return of global travel and investing in world-class innovation to enhance the travel assistance experience for our clients. We are proud to serve a diverse client base across 15 Central and South American countries, the USA and the Caribbean and as they travel the world for business or leisure, we intend to be with them every step of the way.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
20 November 2020   Blink claims the new solution can cut average BI claims claims processing time by up to 95 percent.
Insurance
12 March 2021   Legislators and employers are taking a keen interest in D&I, despite the challenges 2020 has thrown at the industry, indicating that the need and desire to go further is not just anecdotal, says Maurice Rose, senior manager, insurance risk and regulation, PwC and chair of Link, in his foreword to Intelligent Insurer's Diversity and Inclusion Report 2021.
Insurance
25 March 2021   Co-founders decide to depart after completing successful start-up.