Are you looking for ways to provide your customers with innovative travel assistance products? Look no further than parametric insurance. With the help of insurtech companies like Blink Parametric and Gigasure, you can offer your customers customisable travel insurance policies that are data-led and automated through an app for a better customer experience.

Recently, Blink Parametric partnered with Gigasure to allow travellers to access Blink Parametric’s travel assistance products through an app for the first time. Gigasure is a recently launched travel insurance provider that offers customers customisability based on needs and budget. Through its app, policyholders can access the GigaShield Flight and Luggage Delay benefits provided by Blink.

The Flight Delay benefit automatically activates when a policyholder’s registered flight is delayed by three hours or more, offering a choice between access to one of over 1,300 executive airport lounges worldwide or a real-time cash payout. Additionally, the Blink Lost Luggage solution provides a one-time payment directly to the insured traveller once a luggage delay is confirmed.

Both Blink benefits are data-led and automated through the Gigasure app to deliver a better customer experience. This is a great example of how parametric insurance can be used to provide innovative travel assistance products that are tailored to the needs of your customers.

If you’re an insurance executive looking to provide innovative travel assistance products, consider partnering with insurtech companies like Blink Parametric and Gigasure. With Riskwolf, you can turn real-time data into insurance. Using unique real-time data and dynamic risk modelling, we enable insurers to build and operate parametric insurance at scale. Simple. Reliable. Fast.

To learn more about Blink Parametric’s partnership with Gigasure, check out the original article here.