Life assistance products supplier CPP Group has acquired Ireland-based insurtech start-up Blink for an initial consideration of $1.8m (€1m), 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.
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.