Blink Parametric launches with Heymondo to deliver parametric travel insurtech solutions

Blink Parametric has launched its Flight Disruption assistance solution with the Spanish travel insurance specialist Heymondo. MAWDY, the global insurance, reinsurance and services brand and part of the MAPFRE Group, will underwrite the coverage.

The launch with Heymondo in Spain will initially serve the company’s domestic market with the Blink Flight Disruption solution now available on single-trip policies as an optional extra product. When a two-hour flight delay occurs to a policyholder’s registered flight, they will be offered a choice of free access to one of 1,300-plus executive airport lounges worldwide or a real-time cash payout alternative of €50.

Perry McShane, Director of Strategic Accounts at Blink Parametric, said: “Heymondo’s mission is to make travel insurance easy. Working together, we have combined market expertise with the latest technology to deliver a real-time assistance solution that assures customers they’re in expert hands when they need help. This is our first launch with the Heymondo team and represents an exciting progression in our ongoing collaboration with MAWDY. It’s a partnership we aim to build on.”

Carlos Perelló, Chief Growth Officer at Heymondo, added: “Blink Flight Disruption facilitates automated real-time benefits and a smooth claims experience, boosting our ability to continue to offer the best products, coverage, and services at the best value to our customers. We look forward to exploring the future potential for expanding our usage of parametric travel solutions.”

Zigor Díez Gamboa, Global Head of Travel Segment at MAWDY, concluded: “Technology is key to our strategy at MAWDY and plays a central role in our ability to constantly differentiate and innovate. The assistance sector is essential to the provision of security and peace of mind for customers in an increasingly unpredictable global travel environment. I welcome the pace and efficiency of this latest service integration!” 

Blink Parametric and Zurich Insurance in Asia Pacific recently announced the integration of Blink’s real-time flight delay assistance and claims solution with the Zurich Edge platform.