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Generic business image for news article Image: AXA XL

12 November 2020
UK
Reporter Maria Ward-Brennan

AXA XL launches new risk assessment service

AXA XL Risk Consulting has launched a new risk assessment service, Risk Scanning.

The solution will see risk consultants combine their expertise with data mining capabilities and probabilistic algorithms to carry out multi-peril assessments of a company’s physical locations.

Risk managers will be able to generate assessments of their company’s sites by region, country or peril to understand exposures and to implement risk management and risk transfer measures that match their needs.

Maxime Ambourg, risk consulting manager for innovation and business development at AXA XL Risk Consulting, commented: “Traditional loss prevention programmes usually focus on a company’s primary locations. They can neglect the risks associated with smaller sites that are rarely visited by risk engineers, despite being where losses most often occur.”

“By leveraging both the experience of our consultants and new technologies, Risk Scanning allows for a more exhaustive and therefore precise assessment,” she added.

Jonathan Salter, head of risk consulting at AXA XL said: “This launch is part of a broader strategy to further digitalise our offering and better serve risk managers. In the last year, we have launched a suite of digital services to help our clients better understand their exposure to natural hazards and, more recently, to continue evaluating loss prevention amid COVID-19 restrictions.”

Salter joined AXA XL in September, succeeding Corinne Vitrac, who has moved to AXA Group as head of group property and casualty risk management.

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