Paul Prendergast: CEO and Co-founder, Blink Parametric: Parametric, payments & protection (113)

Blink Parametric’s new Hurricane Non-Damage Business Interruption solution, developed in the Lloyd’s Lab, cuts waiting times for payouts from months to days. 

It’s the latest product from a company that has emerged as a leader in parametric solutions through identifying the right data and an innovative technology platform. 

CEO and Co-founder Paul Prendergast joins Matthew to discuss his experience of the Lloyd’s Lab, the benefits of parametric solutions and some great advice on growing a successful company. 

Talking points include:

• Making parametric solutions work for underwriters
• Distribution and the route to market
• Establishing partnerships with insurers
• Building trust between customers and insurers
• Opportunities in new asset classes

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