AXA XL reveals new risk innovation incubator Cube

AXA | November 19, 2019

AXA XL, the property & casualty and specialty risk division of AXA Group, has introduced a risk innovation incubator called Cube. Available globally and described as the first of its kind, Cube will feature a series of workshops in which AXA XL and its clients test new risk management solutions to ultimately come up with a prototype and a supporting business case. The six-week program will see risk managers working alongside AXA XL risk and innovation experts. “Cube supports our goal to go beyond traditional insurance to become a comprehensive partner to our clients,” said Philippe Gouraud, global head of strategic distribution at AXA XL. “The program’s structured and well-tested approach allows us to offer our clients a robust environment to innovate.

Spotlight

It’s no secret that the global pandemic has upended everyone’s life. We know this anecdotally from our own experiences—more online shopping with curbside pickup orders, ordering takeout and delivery versus in-person dining, and changing media consumption. And let’s not forget remote working and learning. These experiences are more than simply anecdotal; McKinsey has written about the more specific effects of the pandemic on consumer behavior and needs. In short, they write: “behavior changes will reshape consumer decision journeys and companies will need to adapt fast.”

Spotlight

It’s no secret that the global pandemic has upended everyone’s life. We know this anecdotally from our own experiences—more online shopping with curbside pickup orders, ordering takeout and delivery versus in-person dining, and changing media consumption. And let’s not forget remote working and learning. These experiences are more than simply anecdotal; McKinsey has written about the more specific effects of the pandemic on consumer behavior and needs. In short, they write: “behavior changes will reshape consumer decision journeys and companies will need to adapt fast.”

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Core Insurance

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PR Newswire | September 14, 2023

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Life Insurance, Health Insurance

EvolutionIQ Improves Experience For Principal Financial Group® Disability Customers

PR Newswire | August 17, 2023

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Core Insurance, Risk Management

CCIG Announces Exclusive Group Captive Offering

PR Newswire | August 03, 2023

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