Blink and Pluto enter ‘gamechanging’ partnership
InsurTech, Pluto, the travel insurance start-up, has teamed up with Blink to provide flight delay cover to its customers
The partnership will help travellers get instant access to a range of services, including airport lounge access or instant financial help, all within seconds of the disruption occurring.
Pluto allows customers to build their own policies, manage their policy and even claim from their mobile device. Almost half of millennials are known to travel without the necessary protection and Pluto’s aim is to reduce this risk by providing access to real-time travel solutions when disruption hits.
Blink, acquired by CPP Group in 2017 to enhance its product set and innovation capability, is quickly becoming one of the most innovative and successful providers of flight disruption solutions to insurers across the globe. It offers customers a proactive real-time insurance service that meets the speed and convenience that modern customers demand through notifying travellers instantly if a flight is delayed.
This partnership, brokered by CPP Group UK, is another clear indication of the technology capabilities that CPP possesses across the Group. CPP aims to provide the best possible service solutions to its partners’ customers, which means bringing together the best innovations in the insurance space to deliver an end-to-end service that adds value in multiple areas. The travel insurance sector is a key market for CPP and this partnership highlights the continued growth in this area.
Alex Rainey, Co-Founder and CEO of Pluto, said:
“We’re constantly looking for new ways to bring experiences and services to our customer that they wouldn’t expect from a travel insurer. Being able to help them instantly in a time of frustration, like a flight delay, can be such a surprising experience for a customer. When we found Blink, we instantly knew we wanted to partner with them. They’ve proven themselves all over the world as a leading parametric travel insurance tech provider.”
Alex describes the innovation as a “gamechanger”, not only for the travel insurance industry but for all of those who travel, whether for work or for leisure, millennial or not.
Earlier this year Blink signed a significant deal with Blue Cross Canada, which has already seen the technology added to thousands of policies.