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‘Travel insurance market is buoyant’ following Crowdstrike incident – Blink Parametric

By 2024-10-23T06:00:00

Sid Mouncey CEO Blink Parametric

’Around 30,000 flights are delayed globally every day and that number more than doubled on 19 July 2024, when CrowdStrike’s security upgrade triggered a global IT meltdown,’ says chief executive

The “travel insurance market is quite buoyant at the moment” following the ramifications of an IT outage related to American cyber security firm Crowdstrike, which saw planes grounded and flights delayed, according to Sid Mouncey, chief executive at insurtech Blink Parametric.

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