The North America Construction insurance business of AXA XL has added Procore, a leading provider of project management software, to its integrated digital platform designed to help clients manage risks on their jobsites and across their organisations.
The Procore construction platform connects entire project teams and enables key stakeholders such as owners, general contractors, specialty contractors, architects, and engineers to collaborate across locations and devices.
Their platform is ultimately designed to help customers increase productivity and efficiency, reduce rework and costly delays, improve safety and compliance, and have more financial transparency and accountability.
“There are so many new technologies available on the market today it’s hard for contractors to determine which is best for their operations,” said According to Gary Kaplan, president of AXA XL’s North America Construction business.
“In creating our Construction Ecosystem’s Tech Library, we evaluated and tested a broad spectrum of technologies, like Procore, to determine which could have the biggest risk-reducing impact on our clients’ risk management efforts. Procore has tremendous risk-reducing potential.”
“In today’s construction market, contractors continue to face tighter profit margins, deadlines and labor markets that can make project management more challenging than ever before,” explained Justin Gress, AXA XL’s Head of Strategic Operations.
“Proven technologies like Procore’s can help our clients keep tighter control on their project management to help keep projects on schedule, avoid costly delays and subsequent losses.”
“Procore’s platform provides one place for project teams to work together with an integrated set of construction applications that are mobile-ready for the field,” said Danny Seigle, Vice President, Business Development & Marketplace at Procore.
“It’s exciting to be part of AXA XL’s Construction Ecosystem, which brings together technologies and puts the construction industry a step further by utilizing insights from data so construction professionals get a more complete picture of risks across jobsites.”