AXA XL teams up with risk engineering insurtech

AXA XL teams up with risk engineering insurtech | Insurance Business

AXA XL teams up with risk engineering insurtech

AXA XL has announced a partnership between its North America construction business and Risk Control Technologies (RCT), a risk engineering enterprise software platform for the insurance industry, to provide clients with easy access to risk engineering and loss prevention information.

AXA XL’s construction risk engineering team will use the RCT platform to collect information from their ongoing risk assessments of clients’ job sites. During a risk assessment, risk engineers evaluate a job site’s overall risk, identify possible exposures and make recommendations for steps to help minimize risk and prevent loss. Risk engineers will input their observations into the RCT platform to generate a report that can be shared with clients.

“By enlisting RCT’s platform, we can easily share this information to have ongoing discussions with our clients, helping them enhance their loss prevention efforts to protect their projects, people and profits,” said Gary Kaplan, president of AXA XL’s North America construction business. “Using this platform, along with our Construction Ecosystem and Technology Adoption Maturity Index (TAMI), we’re intent on helping our clients improve their overall operations with quality data and information and the best technology available to them.”

Read next: AXA XL on building for the future: moving “from payer to partner”

“AXA XL has been innovative and a big proponent in showing how greater tech adoption can help its construction clients reduce risks,” said David Da Costa, CEO of RCT. “We are excited to be working with them to help their clients improve risk control and safety operations, and look forward to a long partnership.”