Reinsurance News

AXA XL Ecosystem extends access to clients across multiple insurance lines

30th October 2023 - Author: Kassandra Jimenez-Sanchez

Global re/insurer AXA XL has extended Ecosystem access to clients across its Property & Casualty and Specialty insurance lines in North America to help them uncover new technology and innovative risk solutions.

The AXA XL Ecosystem is a suite of business solutions that leverages partnerships and services to help our clients advance risk management and support sustainable business growth, helping to drive risk-reducing innovation across clients’ businesses.

Donna Nadeau, AXA XL’s Chief Underwriting Officer for the Americas, said: “We’re excited to extend access further with new technologies and innovative solutions that can help our clients address business risks across their operations.

“By leveraging these solutions, businesses can enhance their safety protocols, protect their people and properties, minimize liability, and improve their overall performance.”

AXA XL first developed its Ecosystem for its construction clients to support the adoption of new technologies that could elevate the industry’s risk management efforts.

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Since then, it has evolved with new technologies, risk management partnerships and other offers to address business risks across diverse industries.

According to Rose Hall, Head of Innovation for AXA XL in the Americas, through the Ecosystem, AXA XL empowers clients to actively manage risk across their operations.

She adds: “With so many new technologies and services to choose from, we’re taking on a lot of the legwork for our clients by pre-qualifying our Preferred Partners and negotiating preferential pricing.

“In today’s operating environment, where the cost of everything, including risk, is more expensive, taking preventive measures wherever possible has to be part of the risk management strategy. The Ecosystem can help.”

AXA XL teams up with a variety of partners to find innovative risk management tools and technologies, from workplace safety to property loss prevention, from telematics to underground utility mapping, or from bullet-proof walls to disaster response services.

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