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AXA XL's Construction Ecosystem honored with Celent Model Insurer of the Year Award
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NEW YORK, March 12, 2021 /PRNewswire/ -- AXA XL, the property & casualty and specialty risk division of AXA, has received the Celent Model Insurer of the Year Award for development of its Construction Ecosystem. AXA XL's Construction Ecosystem is a digital platform and network of innovative products and services focused on enhancing contractors' risk management efforts, advancing technology adoption and improve customer profitability.
"We're excited to see our Construction Ecosystem gain such prestigious recognition," said Gary Kaplan, president of AXA XL's North America Construction unit. "The construction industry is inherently risky. As a leader in the construction insurance market, we knew we could do more to help our clients boost their technology adoption to reinforce their risk management efforts. The Construction Ecosystem evolved out of some blue-sky thinking and a lot of collaboration and hard work. We've seen some strong, early successes in how greater construction technology adoption is helping our clients reduce risk and avoid potential losses. We're thrilled that Celent sees the value in the Construction Ecosystem too."