Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Over a million ING customers gained financial security...

Over a million ING customers gained financial security via NN insurance, receiving over 25 million euros

May 23, 2024

NN Romania and ING Bank Romania have supported over 1 million customers to benefit from financial protection through solutions developed as part of the strategic partnership started 10 years ago, including life, health, job loss and loan insurance. In the situations covered, customers who needed their insurance or their families have received a total of 25 million euro in benefits to date. “Starting this year, the insurance portfolio developed together with ING Bank is expanding with a new product, the NN voluntary home insurance, which offers customers financial protection in situations that may affect their home, and we will continue to invest in the coming years in developing new solutions and experiences for the bank’s customers. The shared history and strong partnership we have with ING Bank helps us understand the needs of banking customers and provide them with relevant protection solutions for everything that matters most to them, contributing to their financial health and reducing vulnerability in unforeseen situations,” says Catalin Elisei, general manager of the NN Asigurari general insurance company, part of NN Romania.   Customers who have a bank account or access an ING Bank loan and want financial protection at any time during their collaboration with the bank can purchase NN Romania’s insurance solutions online, directly from ING Home’Bank, or in physical locations in the ING Office network. Currently, NN Romania and ING Bank offer, in partnership, the ING Vita Protect life insurance, the ING Health Protect health insurance, the ING Salary Protect job loss insurance, as well as insurance that can be attached to personal loans or mortgage loans.   “The principle we start from in our retail banking strategy is that of relevance to the everyday lives of our customers. Whether we’re talking about product types or intuitive services available anywhere, anytime, we develop and test our entire offering through this filter. We’ve applied the same principle to the products we’ve developed with NN, and in all 10 years we’ve worked so well because we’ve delivered insurance that is relevant to our customers, as well as a great experience. As an example, during the pandemic, we launched the salary insurance, and now we are integrating the voluntary home insurance product into the offer”, says Anda Pastean, Insurance Product Area Lead at ING Bank Romania. NN insurance available to ING Bank customers is affordable and can be purchased in a digital experience, from the NN Insurance section of the ING Home’Bank internet and mobile banking app. ING Vita Protect insurance costs 18, 36 or 89 lei per month and offers protection in the event of death due to illness or accident, covering up to 1 million lei. ING Health Protect costs 12, 35 or 50 lei per month and covers the event of surgery for up to 15,000 lei. ING Salary Protect packages cost 15, 30 or 45 lei per month and provide up to 1,500 lei per month in the event of unemployment or extended sick leave and up to 480,000 lei in the event of disability as a result of an accident. And ING Credit Protect covers the value of the loan in the event of death or a sum of money for up to 6 months in the event of unemployment or disability, while the life insurance attached to mortgage loans covers the value of the loan in the event of death.   In 2014, ING Bank’s life insurance, pension and investment divisions were separated from the banking group, at international level, and became NN Group through an IPO on Euronext Amsterdam. Thus, in Romania, ING Asigurari de Viata and ING Pensii SAFPAP became NN Life Asigurari de Viata and NN Pensii SAFPAP, continuing to operate completely independently from ING Bank.    

Read in full - click here
#RODigitalAmbassador: The Romanian girl popularizing Balkan rural living online

Iwa, or Ioana, is a 22-year-old girl who has taken Instagram by storm with her nostalgic portrayals of Romanian, and more broadly speaking Balkan, village lifestyle. Her videos, which skillfully make use of the characteristically self-deprecating Romanian humor, earned her almost 80,000 followers at the time of writing. Ioana Cîmpianu is from the eastern Romanian county of Vaslui. She grew up in […]

Technical University of Cluj-Napoca kicks off works at AI research institute

The Technical University of Cluj-Napoca said on Friday, May 24, that it started the construction of the Artificial Intelligence (AI) Research Institute. The project, which should be completed in 2025, is aimed at creating a platform dedicated to research and development in artificial intelligence and emerging technologies. The Artificial Intelligence Research Institute (ICIA) aims to […]

New donation-funded children's hospital in Bucharest opens astronomical observatory on its roof

The astronomical observatory on the roof of the children's hospital built from donations by local non-profit Dăruiește Viață in Bucharest was recently inaugurated. Twelve children between the ages of 3 and 14 watched the stars for the first time this week. The children are hospitalized in the oncology, neurosurgery, and surgery wards recently transferred to […]

Museum dedicated to Romanian canoeing legend Ivan Patzaichin opens in the Danube Delta

A museum dedicated to Ivan Patzaichin, an Olympic gold medallist and one of Romania's legendary athletes, was inaugurated at Mila 23 in the Danube Delta on Thursday, May 23. According to culture minister Raluca Turcan, this is the first project to receive the label of Local Ambassador of the New European Bauhaus. The Ivan Patzaichin […]

DP World Romania opens a new branch and expands business area in Romania at One Cotroceni Park, following CBRE's advisory

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, is pleased to announce that DP World Romania, a global leader in logistics and supply chain solutions, is expanding its business operations within Romania and is opening an office in...

Romanian healthcare network MedLife plans national expansion of psychiatry and psychotherapy network

Romanian healthcare services provider MedLife plans to expand its network of psychiatry and psychotherapy centers, MindCare, nationally. Three such units are planned for opening by the end of the year, with the network set to reach ten locations around the country in the medium term, depending also on regional demands. The first units will open in Craiova […]