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Deal or Case news
NautaDutilh assisted ING Bank with setting up a new insurance distribution partnership with the insurance company Allianz-Direct.

From 2024 onwards, ING will offer a broad range of insurance products to entrepreneurs in the Netherlands, through its partnership with Allianz Direct. This partnership will enable entrepreneurs to turn to ING for insurance in areas such as motor, professional and business liability, individual disability, building, inventory and goods, and legal assistance. Taking out insurance will be a fully digital process, with customers able to take out insurance quickly and easily via the app or website. ING expect the first insurance products to be offered to its customers as of mid-2024. 

NautaDutilh assisted ING as drafting counsel in the negotiations. “By working closely with the ING-team, we are happy to have assisted on this new fully digital insurance set-up. This is a great example of NautaDutilh's capabilities in the area of financial innovation and partnerships for the offering of financial products”, says Jasha Sprecher, who has worked on this matter together with Charlotte Sonneveld and Larissa Silverentand. 

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