Following its October 2023 agreement with MAWDY – a global insurance, reinsurance and services company and part of the MAPFRE Group, Blink Parametric has extended its partnership with MAWDY Ireland. The partnership commenced by covering segments of the direct book of travel insurance business and today’s announcement confirms that the Blink Parametric flight disruption solution is now being rolled out across the MAWDY Ireland InsureandGo travel insurance brand, making the solution accessible to consumers directly.
The new parametric-powered benefit will be applicable to InsureandGo single trip and annual multi-trip travel insurance customers who purchase either a platinum or gold policy. When a flight is disrupted by more than three hours, the eligible insureds are automatically notified and offered real-time access to one of 1,300+ executive airport lounges worldwide or a real-time cash payout alternative.
Speaking of the launch, Sid Mouncey, Chief Executive Officer of Blink Parametric, said, “This project is a great demonstration of how we can deliver on the needs of a complex multinational travel Insurer and brand, structured to serve unique regional needs and requirements. The result is a truly successful collaboration.”
This is the latest in a succession of global partnerships announced by the Cork-based company and the most recent highlight in its eight-year growth story.
Declan Murphy – Head of Commercial, MAWDY Ireland, “This is the first quarter since our agreement with Blink Parametric last October and we mark it with the early completion of our first brand to embed real-time flight delay services. InsureandGo is one of Ireland’s travel insurance specialists, supporting value-add, world-class, direct-to-consumer products and services. With the success of this integration, we are delivering on our customer care, product innovation and commercial commitments and are set to build further on these, starting immediately with the next phase of implementation across our range of travel insurance products and partner brands in line with our strategy for 2024 and beyond.”