ING and AXA announce digital partnership to build a global insurance platform
13 Giugno 2018 - 8:30AM
ING and AXA announced today an exclusive, long
term, multi-country bancassurance partnership to provide
insurance products and related services through a central digital
insurance platform. Under the partnership, ING will bring to bear
its leading digital banking experience and AXA its expertise in
innovative modular insurance products and services, offering
property & casualty (P&C), health and protection insurance
solutions to ING customers in six of its Challenger markets:
Germany, Australia1,
Italy, France, Czech Republic and Austria1.
ING and AXA teams will together develop
personalized insurance products and relevant services, accessible
via the ING mobile application, that meet the forward-looking needs
of ING customers towards Living, Mobility and Wellness.
For ING, this is a continued step towards
delivering the Think Forward strategy and empowering around 13
million ING customers to stay a step ahead in life and business.
For AXA, the partnership is another step in its payer-to-partner
strategy, in growing in its preferred segments and towards its
vision to empower people to live a better life.
"Our partnership with AXA adds an important
dimension to our ambition to build one customer-centric platform, a
go-to place for financial needs," said Ralph Hamers, CEO of ING
Group. "Adding personalized protection products that are life-stage
driven, will ensure we keep our customers ahead in life, empowering
them to stay in control, in line with their widening demands. The
initiative will also contribute to diversify our income. We are
excited to embark on this journey with AXA and we are united in our
vision. We believe that, between our leading digital banking
capabilities and AXA's unparalleled insurance expertise, we will be
able to build an international platform of significant value to our
customers."
"We are excited about the opportunity to partner
with ING to deliver a significant step change in the future of
digital insurance solutions, leveraging our joint digital
capabilities and innovative assets, and providing a differentiated
customer experience to address ING customers' protection needs',
said Thomas Buberl, CEO of AXA . 'The partnership with ING
represents a strong meeting of minds and a shared ambition of
becoming a partner in our customer's life journey. This is another
key step in AXA's transformation, fully aligned with our
payer-to-partner strategy. We will indeed accelerate our growth in
Europe and build innovative insurance solutions and services that
have the potential of creating more frequent interactions with the
customers".
1 With the
support of local insurance partners
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ING PROFILE
ING is a global financial institution with a strong European base,
offering banking services through its operating company ING Bank.
The purpose of ING Bank is empowering people to stay a step ahead
in life and in business. ING Bank's more than 51,000 employees
offer retail and wholesale banking services to customers in over 40
countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA AS,
INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING
US, ING.N).
Sustainability forms an integral part of ING's strategy, evidenced
by ING's ranking as a leader in the banks industry group by
Sustainalytics. ING Group shares are included in the FTSE4Good
index and in the Dow Jones Sustainability Index (Europe and World),
where ING is also among the leaders in the banks industry
group.
IMPORTANT LEGAL
INFORMATION
Elements of this press release contain or may contain information
about ING Groep N.V. and/ or ING Bank N.V. within the meaning of
Article 7(1) to (4) of EU Regulation No 596/
2014.
Projects may be subject to regulatory approvals.
Certain of the statements contained herein are not historical
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(20) ING's ability to achieve its strategy, including
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(21) the other risks and uncertainties detailed in the most
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looking statements made by or on behalf of ING speak only as of the
date they are made, and ING assumes no obligation to publicly
update or revise any forward-looking statements, whether as a
result of new information or for any other reason.
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ING and AXA announce digital
partnership to build insurance platform
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Source: ING Group via Globenewswire
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