AXA XL partners with Gecko Risk on commercial EV data

AXA XL ’s UK & Lloyd’s business has partnered with Gecko Risk, a data analytics company specializing in electric and new energy vehicles, to support underwriting and risk consulting for commercial EV fleets.

The partnership gives AXA XL’s underwriters and risk consultants access to insights into claims frequency and severity, vehicle make and model trends, and EV exposure patterns. The data will help the insurer advise clients and brokers on fleet selection, claims costs and emerging risks.

“EV car sales topped 20 million globally in 2025 and are expected to exceed 23 million in 2026, according to the International Energy Agency’s Global EV Outlook 2026. The growing number of EVs in commercial fleets means fleet operators are facing a risk landscape that is not only different, but also continuously changing.” – Poonam Jivram, Head of Motor Underwriting at AXA XL, UK & Lloyd.