AXA XL, the new division of AXA Group, combines XL Group operations, AXA Corporate Solutions and AXA Art, to provide property, casualty and specialty risk insurance and risk management products and services for mid-sized companies through to multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com
This short article looks at what you can do to protect yourself when an owner wants to require you to hire a specific subconsultant for a design project. Topics covered include how to incorporate the right protection into your contract with the owner and professional liability considerations.
By 2021, it’s estimated that global commercial property and casualty insurance premiums will rise to almost $900 billion. This article looks at the opportunities available to insurtechs within the commercial lines space and why there has been a lack of investment from start-ups so far.
Widely used in Europe, cross laminated timber (CLT) is one of the newest and hottest topics and materials in American construction today. This article looks at the myths, risks and the value this product can deliver on a project.
Beginning on 1st January 2020, a new regulation approved by the International Maritime Organization requires that virtually all ships limit their sulphur emissions to less than 0.50% m/m (mass by mass). This article looks at the implications for ship owners and how they can achieve compliance.
The Internet of Things is not only transforming the way we live and work, it can also be used as a risk management and loss prevention tool. This article highlights how insurers can leverage the IoT to detect fraud, increase precision in underwriting risk and automate claims processes.
What should you look for when insuring your contractor’s equipment? In this article, AXA XL’s Alexander McGinley and Mike Perrotti provide seven helpful tips.
From Trump’s “America First” to the ever-looming Brexit, nationalist movements have been making steady gains across the globe in recent years. This article sheds light on the political risk landscape in Europe, Sri Lanka and Brazil.
Parametric or index-based insurance is becoming increasingly popular with private companies, national governments and public/private partnerships. This article outlines the components of parametric insurance and how solutions are being used to mitigate weather risk.
As extreme weather events hit more frequently, many observers believe their impact may affect the standard of care for design professionals. This article looks at how architects and engineers can address potential climate change impacts on their projects and their liability.
Cyber liability is fast becoming the last frontier of the insurance world. Hackers and cyber thieves are growing in number and in the sophistication of their attacks. This short article looks at the latest trends impacting the cyber insurance market and provides predictions for 2019.