Axa and Dutch bank ING will offer property and casualty cover and other insurance-related digital products as part of a bancassurance partnership announced last week.

Australia and five European countries including France, Germany and Italy will be the launch markets.

Axa will provide its expertise in modular insurance products and services, and ING its digital banking know-how.

“The partnership with ING represents a strong meeting of minds and a shared ambition of becoming a partner in our customer’s life journey,” Axa CEO Thomas Buberl said.

“We will… accelerate our growth in Europe and build innovative insurance solutions and services that have the potential of creating more frequent interactions with the customers.”