(Image credit: Sarah Richter.)
AXA XL Risk Consulting (Paris) has launched a new risk assessment service, Remote Risk Dialogue, to continue evaluating loss prevention across business lines amid COVID-19 restrictions.
AXA XL reports that using data captured from telephone calls, web tools and existing reports, Remote Risk Dialogue enables the company’s risk engineers to perform remote analysis not seen in traditional loss prevention programs and provide risk managers, underwriters and brokers with an up-to-date view of a client’s risks.
“With restrictions on delivering surveys and carrying out client visits globally, we’ve had to think of new ways of supporting our clients to manage their risks,” comments Corinne Vitrac, Chief Executive of AXA XL Risk Consulting. “Remote Risk Dialogue allows us to continue to interpret clients’ data and assess any potential new risks.
Identifying, Managing and Mitigating New Risks
For example, in response to COVID-19 some clothing manufacturers have started to manufacture masks, alcoholic beverage producers are making hand sanitizer while some domestic appliance manufacturers are making medical devices, Vitrac adds. “These changes to operations and output bring about new risks. Identifying, managing and mitigating these risks is key and we are proud to be standing alongside our clients to support them in adapting and innovating in these challenging times,” she says.