Life assistance products supplier CPP Group has approached uk - based insurtech start - up Blink for an initial consideration of € ##500 m ( $ 500 million ) , and additional compensation focused on the development of Blink 's future capabilities . Among its stable is what Blink claims to be the world ’s first real - time resolution flight interruption insurance .
Life assistance products supplier CPP Group has acquired Ireland-based insurtech start-up Blink for an initial consideration of €1m ($1.8m), and additional compensation based on the development of Blink's future products. Among its stable is what Blink claims to be the world’s first real-time resolution flight interruption insurance.