AXA XL Tops Advisen's Pacesetter Index for Fifth Straight Year

New York - March 17, 2021

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 fifth consecutive year that AXA XL has achieved the prominent position, having introduced 12 new or enhanced property, casualty, professional and specialty insurance coverages or risk management services in 2020. 

According to Scott Gunter, Chief Executive Officer of AXA XL, “We are extremely pleased to top Advisen’s Pacesetter’s Index for the fifth year in a row.”

“This achievement is testimony to how well our colleagues worldwide transitioned to remote working without ever wavering on their service commitment to our clients and brokers. Through virtual collaboration and coordination, we continued to find innovative solutions for our clients’ ‘business-as-usual’ risks and the new challenges that COVID-19 brought with it.” 

Advisen, a Zywave company and 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 12 new products and developments in 2020 included:

• AXA XL releases updated online Contract Guide for Design Professionals
• AXA XL teams up with COMPASS to help construction clients assess subcontractors' default risk
• AXA XL launches Risk Scanning
• AXA XL and Xtract partner to digitize Commercial Auto claims
• AXA XL launches Digital Risk Engineer - a connected solution to monitor building health
• AXA XL adds tool to help general contractors assess subcontractor default risk post-COVID 19
• AXA XL to launch first-of-its-kind Construction Ecosystem to provide contractors in-depth insight of jobsite and operational risks
• AXA XL launches custom-built insurance for new class of construction business -- Highly Protected Projects
• AXA XL Announces Global Admitted Commercial Umbrella Program, Multipass™
• AXA XL rolls out Technology Adoption Maturity Index, (TAMI) a tech benchmarking service for construction clients
• AXA XL launches Remote Risk Dialogue, a virtual risk assessment
• AXA XL launches single customizable policy for autonomous vehicles

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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