AXA XL partners with Risk Control Technologies to enhance risk assessments for construction clients

AXA XL's North America Construction insurance business has entered into a partnership with a risk management software platform that will enhance its ability to advise clients about how to minimise risk exposures and loss.

Risk Control Technologies (RCT), a risk engineering enterprise software platform for the insurance industry, allows AXA XL to provide clients with improved risk engineering and loss prevention information collected as part of its on-going risk assessments of clients' job sites.

David Da Costa, chief executive officer at RCT, praised AXA XL’s willingness to innovate, calling it “a big proponent in showing how greater tech adoption can help its construction clients reduce risks.”

Gary Kaplan, president of AXA XL's North America construction business, said: "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."

Scott Merchant, head of construction risk engineering at AXA XL, added: "Over time, we will have the ability to benchmark clients' best practices as well as provide them with a holistic, multi-line risk profile that will be invaluable and give them a deeper understanding of their risk exposures."