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Blink Parametric

White-label parametric insurance platform for insurers, brands, and affinity groups

Specialty Solutions Established Acquired
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Overview

Blink Parametric is a parametric insurance software platform for carriers, brands, and affinity groups. Founded in 2016 in Cork, Ireland, the company builds white-label products across travel, cyber, business interruption, and climate verticals, targeting insurers and distribution partners seeking event-triggered coverage.

The platform operates on a Parametric as a Service (PaaS) model, delivering RESTful API integrations with airline systems, insurance platforms, and IoT data providers. Products are triggered automatically by pre-defined events -- such as flight delays exceeding a threshold -- and pay claims without requiring manual submission, reducing settlement time and operational overhead.

Blink was acquired by CPP Group in 2017 and has since grown to 35+ partner organizations across 22 geographies. CPP Group reported over GBP 1.6M in annualized recurring revenue attributable to Blink. Notable carrier clients include Aviva Insurance Ireland, Allianz Partners, Generali, and Zurich.

Products & Services

Blink Flight Disruption

White-label parametric flight delay insurance product integrated with real-time airline data feeds. Triggers automatic payouts when delays exceed agreed thresholds, removing the need for manual claims.

Key Features

  • Real-time flight status monitoring and threshold-based triggers
  • Automatic payout to policyholders without claim forms
  • Partner-branded white-label deployment

Target Users: Travel insurers, airlines, affinity groups, travel platforms

Blink Lost Luggage

Parametric baggage loss and delay coverage triggered by airline baggage system events. Provides automatic compensation for verified baggage incidents.

Key Features

  • Event-driven trigger from airline baggage tracking systems
  • Automatic settlement without traditional loss adjustment
  • Configurable coverage parameters per partner

Target Users: Travel insurers, airlines, affinity groups

Blink Interruption

Parametric business interruption product with pre-agreed payouts triggered by specific operational events.

Key Features

  • Pre-defined event triggers replacing manual claims assessment
  • Configurable indemnity periods and trigger thresholds
  • API-delivered, embeddable into existing insurance workflows

Target Users: Commercial insurers, MGAs, specialty carriers

Blink CyberScan

Parametric cyber risk insurance solution providing automated coverage triggered by verified cyber events for SMEs and enterprises.

Key Features

  • Automated cyber event detection and trigger logic
  • Pre-agreed parametric payouts without forensic adjustment
  • Designed for SME and enterprise distribution at scale

Target Users: Cyber insurers, MGAs, commercial carriers

At a Glance

Founded
2016
Headquarters
Cork, Ireland
Employees
11-50
Funding
Acquired

Category & Focus

Category
Specialty Solutions
Subcategories
Parametric Insurance Embedded Insurance White-Label Platform
Insurance Verticals
P&C Commercial Specialty/E&S P&C Personal
Target Customers
Carriers, MGAs/MGUs, Brokers

Customers

  • Quebec Blue Cross
  • Just Travel Cover
  • MAWDY
  • Heymondo
  • Aviva Insurance Ireland
  • Cover-More Europe
  • Allianz Partners
  • Generali
  • Zurich

Last updated: 2026-05-11