# baoba

> Parametric insurance infrastructure for travel insurers, OTAs, and airlines

## At a glance

| Field | Value |
| --- | --- |
| Category | Specialty Solutions |
| Type | Solutions Provider |
| Region | NA |
| Headquarters | Miami Beach, Florida, USA |
| Founded | 2021 |
| Stage | Startup |
| Employees | 11-50 |
| Funding | Seed |

## Overview

Baoba is a parametric insurance infrastructure platform for travel insurers, online travel agents, and airlines. Founded in 2021 by Kata Ludvig, the company provides an end-to-end technology layer that allows insurance companies to build, launch, and operate parametric and index-based products without manual claims handling.

The platform combines geospatial data, location intelligence, and machine learning to detect triggering events -- such as flight delays, weather thresholds, or travel disruptions -- and automatically initiate payouts to policyholders. Distribution partners integrate Baoba via REST API, embedding parametric coverage at the point of sale within booking flows, digital wallets, and airline or OTA platforms.

Baoba operates internationally with offices in the US, Canada, and Hungary. The company has attracted partnerships with Blink Parametric (CPP Group), Continental Assist, CHERRISK by UNIQA, and YOUR PASS, and received a pre-seed investment from Granpool Innovative Investments. The founder was recognized in the Forbes 30 Under 30 list, and the company is listed in the Hannover Re equarium insurtech innovation pool.

## Products & services

### Parametric Insurance Platform

An end-to-end infrastructure platform that enables insurance companies to create and distribute parametric products using location intelligence and machine learning. Insurers configure triggers, payout logic, and distribution rules without manual claims workflows.

**Key features:**

- Automated event detection using geospatial and flight data feeds
- Configurable trigger thresholds \(delay duration, rainfall, wind speed\)
- Real\-time payout processing without claims submission
- White\-label and co\-branded product options for distribution partners

*Target users:* Insurance carriers, MGAs, travel product designers

### Blue Access \(Flight Delay Insurance\)

A parametric flight delay product that automatically triggers when a flight delay exceeds three hours. Policyholders choose between premium lounge access or instant cash compensation, with no claim required.

**Key features:**

- Automated flight monitoring via data integrations
- Lounge access or cash payout selection at trigger point
- No\-claim customer experience
- Embeddable at airline and OTA checkout

*Target users:* Airlines, online travel agents, travel insurers

### Weather Guarantee Products

Parametric weather insurance that initiates payouts when defined meteorological conditions are met, such as rainfall levels or wind speed events, without requiring policyholders to file a claim.

**Key features:**

- Configurable weather trigger parameters
- Integration with weather data providers
- Automated payout on confirmed event
- Applicable to travel, events, and property contexts

*Target users:* Travel insurers, event organizers, specialty carriers

### Travel Disruption Solutions

Coverage for flight cancellation, hotel disruption, and lost or delayed luggage, with automated payouts based on verified events rather than manual claims assessment.

**Key features:**

- Real\-time luggage tracking integration
- Flight cancellation verification via airline data
- Instant cash payout or voucher delivery
- Multi\-product bundling capability

*Target users:* Travel insurers, OTAs, airlines

### API Integration Platform

A REST API that allows distribution partners to embed Baoba-powered parametric products directly into their own platforms, extending insurer product portfolios at the point of sale.

**Key features:**

- Simple REST API integration
- Point\-of\-sale embedding for travel and booking platforms
- Guidewire compatibility
- Support for airline and OTA system integrations

*Target users:* Insurance carriers, travel platforms, airlines, OTAs

## Category & focus

- Subcategories: Parametric Insurance, Travel Insurance Technology, Embedded Insurance
- Insurance verticals: Specialty/E&S, P&C Personal
- Target customers: Carriers, MGAs/MGUs, Agents/Agencies

## Notable customers

- Continental Assist \(LATAM expansion partnership, February 2026\)
- Blink Parametric / CPP Group \(flight delay and travel disruption, April 2022\)
- CHERRISK by UNIQA \(co\-launched parametric flight disruption solution\)
- YOUR PASS \(digital insurance wallet integration\)

## Links

- Website: <https://gobaoba.com>
- Directory profile: <https://insurtechlist.com/companies/baoba/>
- Linkedin: <https://www.linkedin.com/company/baobainsurtech>
- Products: <https://gobaoba.com/products/>
- For partners: <https://gobaoba.com/for-partners/>

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*Last updated: 2026\-05\-17*