Blink Parametric and Getcover.com, a trading name of Newpoint Insurance Brokers Limited, have partnered to launch a suite of bespoke online travel insurance products utilising a real-time parametric flight delay solution for their eligible travel insurance policyholders.
Getcover.com is the first partner to access Blink Parametric-enabled technology via Firemelon’s Magenta Insurance System platform since the travel insurance sales and policy administration system provider announced a strategic alliance with Blink Parametric in January.
Carl Carter, Chief Commercial Officer of Blink Parametric, said: “Getcover.com is a genuine pioneer of online direct to consumer travel insurance, leading the way with innovative, accessible insurance cover and benefit solutions. We are honoured to work with the team as they differentiate their travel insurance proposition within the hyper-competitive UK travel insurance market by providing a real-time flight delay service delivering a cash payment or an airport lounge pass in a traveller’s time of need.”
The data-driven flight disruption solution requires an eligible traveller to register their flight details prior to travel. Blink Parametric then monitors the flight in real-time. A flight delay that occurs to the registered flight automatically results in a traveller being notified. Getcover.com customers registered for Single or Multi-Trips are offered choices that help alleviate the stress and consequences of the delay, including airport lounge access if a flight is delayed by two hours or more, or a £30 cash payout per traveller, which is directly deposited into their bank account – no need for receipts, forms or phone calls.
The real-time flight delay service will be embedded at no extra cost to the policyholder within all Gold tier policies purchased direct from the Getcover.com website.
Julian Triggs, Head of Travel Partner Development, Newpoint Insurance Brokers said: “Blink Parametric ticked every box for us, being easy to work with and delivering a powerful, real-time customer experience that is uniquely personalised and immediately beneficial, right when our customers need assistance.”