AXA partners with AWS

AXA and Amazon Web Services announced their intention to jointly develop and build the AXA Digital Commercial Platform and associated software services to enable “next-generation risk management.”

AXA DCP is a risk management platform that combines industry, business, and environmental data with geospatial analytics and gen AI technologies helping clients globally to monitor their assets and navigate complex and interconnected risks, including natural disasters, supply chain disruption and cyber threats.

By leveraging AWS analytics capabilities, AXA intends, over the next two years, to make available numerous services for existing clients and for millions of AWS global clients through the AWS Marketplace and the AWS Data Exchange.

“Globally clients are grappling with extreme weather, cyber-attacks and other shocks and disruptions. We believe that building resilience is more essential than ever. That is why we are excited to be working with AWS, combining their tech capabilities with AXA’s expertise in commercial insurance to develop the next generation of risk management insights and services to help clients unlock their full potential.” – Scott Gunter, Chief Executive Officer of AXA XL.

“Amazon brings the depth of experience and broad portfolio of services we need to provide clients with world-class capabilities to help manage their risks. AXA’s work with AWS is integral to our business transformation, which includes the evolution of traditional insurance to risk prevention and mitigation. This will help us seize new market opportunities faster, strengthen security, and become even more responsive to clients’ needs.” – Alexander Vollert, Group Chief Operating Officer, Chief Executive Officer, AXA Group Operations.

“AXA is a customer-focused business, and we are excited to collaborate with them to develop new business models, using AWS capabilities, that will help companies around the world operate with greater confidence. AWS will help AXA support its business clients, creating secure, compliant new services and capabilities fueled by advanced technologies like generative AI. Amazon’s experience in building, operating, and scaling marketplaces will also help AXA tap into innovation from companies beyond the financial services industry, offering more ways to plan for uncertainty.” – Kathrin Renz, vice president of AWS Industries.