AXA XL has retained the top spot on Advisen’s Annual Pacesetter Index, an annual recognition of product innovation in the P&C insurance industry. This is the third consecutive year that AXA XL has achieved the prominent position, having introduced 19 new or enhanced property, casualty, professional and specialty insurance coverages or risk management services in 2018.
“We’re proud to top Advisen’s Pacesetter’s Index for the third year in a row,” said Greg Hendrick, Chief Executive Officer of AXA XL. “In 2018, as we started creating AXA XL, we also created or enhanced some 19 products and services.”
“Now as part of the AXA group, we’re eager to keep our innovation momentum going,” added Mr. Hendrick. “From developing new coverages through providing risk management guidance to digitizing the insurance experience for our clients, our attention to innovation is all driven by our intention to increase the value that we bring to our trading partners every day.”
Advisen, a leading provider of data, media, and technology solutions for the commercial property and casualty insurance market, issues its Pacesetter Index annually. The index ranks insurers’ innovation advancements based on their new or enhanced product announcements.
AXA XL’s 19 new products and developments in 2018 included:
• Cyber Insurance for Small & Mid-Size Businesses on Slice ICS
• Standalone workboat insurance in North America
• A partnership with Parsyl to offer enhanced Marine risk prevention services
• Specialized insurance solutions for the Media & Entertainment industry
• Seamless Space Insurance
• New Auto Terror Protect insurance
• Corporate CPR - Crisis Prevention and Response for corporate clients
• Insurance solutions to support the adoption of autonomous technologies
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ABOUT AXA XL
AXA XL provides insurance and risk management products and services for mid-sized companies through to 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
ABOUT AXA XL INSURANCE
AXA XL Insurance offers property, casualty, professional, financial lines and specialty insurance solutions to mid-sized companies through to large multinationals globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com