How Blink Parametric%27s New Move Could Transform Cork%27s Job Market: 30 Positions up for Grabs!

How Blink Parametric's New Move Could Transform Cork's Job Market: 30 Positions up for Grabs!




Exciting Expansion of Blink Parametric in Global Travel Insurance Sector

Blink Parametric headquarters in Cork

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Table
  1. Ambitious Global Expansion for Blink Parametric with New EU Headquarters
    1. Blink Parametricā€™s Plans for Boosted Headcount in Cork by 2025
    2. Unlocking the Potential of Parametric Insurance
    3. Focusing on the Global Travel Insurance Sector
    4. Blink Parametric's Future Vision

Ambitious Global Expansion for Blink Parametric with New EU Headquarters

Blink Parametric is setting its sights on worldwide expansion through a significant increase in its team numbers. This transformative strategy centers on the global travel insurance sector. āœˆ

Blink Parametricā€™s Plans for Boosted Headcount in Cork by 2025

The insurtech firm has disclosed plans to approximately double its Cork based workforce by the end of 2025 with the inauguration of its latest EU headquarters.

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The addition of 30 new roles will span various departments within the organization, including full stack developers, presales, QA, and data analytics. The company aims to provide opportunities for both experienced professionals and fresh graduates with the majority of positions to be based at their newest office in the City Quarter. ā€ ā€

Unlocking the Potential of Parametric Insurance

The Irish company specializes in parametric insurance; a model where customers receive a "pre-agreed amount of cover" based on certain event probabilities. Last year, Allied Market Research valued the global parametric insurance market at a staggering $11.7bn in 2021 and expects it to grow to almost $30bn by 2031.

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Focusing on the Global Travel Insurance Sector

Blink concentrates on the international travel insurance sector, offering crucial services such as real-time claims assistance during flight disruptions or lost luggage incidents. Prioritizing industry growth, the company partnered with US-based Travel Insured International in April to integrate its flight delay services into select plans.

Blink Parametric's Future Vision

Blink Parametric's CEO Sid Mouncey shared that their automated, real-time insurance assistance services are in use "every hour of every day" around the globe. He affirmed the company's strategic goals are ambitious, including becoming the preferred partner for major insurers and brands and driving mass adoption of parametric technology.

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With exciting plans for expanding in the US, UK, Italian, and Japanese markets and a promising pipeline of opportunities, Blink Parametric looks forward to capitalizing on the rich pool of skill and talent in Cork to fuel further growth.


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