AXA XL has retained the top spot on the Annual Pacesetter Index by Advisen, which is renowned for recognizing product innovation in the Property & Casualty industry. This is the fourth consecutive year that AXA XL has achieved the highest position, following its introduction of a wide range of new or enhanced P&C, professional and specialty insurance coverage and risk management services in 2019.
The list of AXA XL innovative developments includes its partnership with the Artificial Intelligence company, Expert System. The AXA XL risk team is leveraging the Expert System platform to help assess property site surveys. Expert System uses AI to automate the process of reading site survey reports through Natural Language Understanding and Natural Language Processing.
As a result, AXA XL’s risk consultants are able to extract the knowledge and insights from 100-plus page engineering surveys within minutes.
To learn more about AXA XL and the Advisen’s Annual Pacesetter Index, visit: https://axaxl.com/press-releases/axa-xl-tops-advisens-pacesetter-index-for-fourth-consecutive-year
Details on the partnership with Expert System to leverage AI to support property risk engineering are available here.
ABOUT AXA XL
AXA XL provides insurance and risk management products and services for mid-sized companies through large multinationals and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com