AXA XL Risk Digest

Welcome to the AXA XL Digest, our dedicated LinkedIn newsletter. Each month, we’ll bring you industry insights and expert perspectives to help keep our clients and brokers informed about the latest trends in risk management and insurance.

Read on for expert commentary, industry highlights, and important updates from AXA XL and beyond.

SPOTLIGHT

Our Multinational Insurance Soultions coverages and benefits

With over 40 years of experience, we have extensive knowledge in structuring multinational insurance solutions - underwriting, implementation, claims service, and risk consulting, providing coverage across 20+ products - one of the most comprehensive offerings in the market.

Whether you need standard terms or customized coverage, we can tailor our solutions to fit your business needs. We manage every part of your multinational insurance solution, so you always know where, what, and how you’re covered—and what it’s costing you.

Watch the video below to find out more about our approach or download our brochure.

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Learn more about AXA XL’s Captive offering in the Americas

Visit our interactive landing page to see how our award-winning captives team partners with companies to deliver innovative and customized solutions. Stay informed about all things risk related through thought leadership articles, podcasts, and more from our captives experts.

Discover our solutions for business: https://axaxl.com/captives-americas

Top reads from Fast Fast Forward

Think Ahead and Be Prepared to Move Fast

Julien Guénot, Regional Manager-Southern Europe at AXA XL, shares his vision for the French P&C market and the role of insurance in addressing current and future challenges. This article delves into the concept of "polycrisis," highlighting the interconnected and complex risks we face today, such as global pandemics, climate change, and geopolitical instability. Julien emphasizes the importance of proactive anticipation and swift action to mitigate these risks. By supporting academic research and collaborating with partners, AXA XL aims to understand and address emerging threats like space weather, ensuring robust and innovative solutions for clients.

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Let's Talk: Canada's Energy Transition

Explore the transformative journey of Canada's energy sector with insights from Alex Barker, Chief Underwriting Officer Large Commercial; Katherine Gerber, Head of Energy Transition, Americas; and Chris Fasser, Energy Transition - Strategy & Operations Lead at AXA XL. This article delves into Canada's ambitious plan to cut emissions by 40% by 2030 and achieve net zero by 2050. The team discusses the critical role of proactive engagement and collaboration with energy producers and suppliers to support their renewable energy strategies.

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Business Interrupted: Navigating the New Normal of Cyber Supply Chain Disruptions

Diane Fazzolari, Senior Claims Specialist at AXA XL, explores the evolving landscape of cyber supply chain disruptions. This article highlights the increasing frequency of third-party cyber incidents, such as ransomware attacks and IT outages, which have become the new normal for businesses. Diane discusses high-profile cases like the ransomware attack on CDK Global and the worldwide IT outage caused by a CrowdStrike update, emphasizing the critical vulnerabilities in the interconnected digital ecosystem. Understanding these risks and their aggregation is essential for insurers and businesses to develop robust risk management strategies and ensure resilience in an ever-changing cyber landscape.

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Design Professional Perspective: Who's Who? Identifying the Parties in Your Contracts

Brett Stewart, Esq., Manager of Loss Prevention Education at AXA XL, emphasizes the importance of accurately identifying parties in professional service agreements. This article discusses common issues like mismatched entities in the preamble and signature blocks, and the risks of unauthorized signers. Attention to detail is crucial to avoid disputes and ensure contracts are legally enforceable and properly insured.

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News from AXA XL

UK, Europe & APAC

This summary does not constitute an offer, solicitation or advertisement in any jurisdiction, nor is it intended as a description of any products or services of AXA XL. The information contained herein is intended for informational purposes only. Insurance coverage in any case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance would apply in the circumstances outlined herein. Please refer to the individual policy forms for specific coverage details.

US & Canada

The information contained herein is intended for informational purposes only. Insurance coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance coverage would apply in the circumstances outlined herein. Please refer to the individual policy forms for specific coverage details. This summary does not constitute an offer, solicitation or advertisement in any jurisdiction, nor is it intended as a description of any products or services of AXA XL. AXA XL is a division of AXA Group providing products and services through three business groups:

AXA XL Insurance, AXA XL Reinsurance and AXA XL Risk Consulting. In the US, the AXA XL insurance companies are: AXA XL Insurance Company Americas, Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company and T.H.E. Insurance Company. In Canada, insurance coverages are underwritten by XL Specialty Insurance Company - Canadian Branch. In Bermuda, the insurance company is XL Bermuda Ltd. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA Group. Not all of the insurers do business in all jurisdictions nor is coverage available in all jurisdictions.

AXA, the AXA and XL logos are trademarks of AXA SA or its affiliates. ? 2024. Information accurate as of February 2025.