Case Study

Leveraging Data to Properly Assess Risk and Reward

Leveraging Data to Properly Assess Risk and Reward

Pages 4 Pages

Leveraging Data to Properly Assess Risk and Reward How AXA XL leverages natural language processing for better risk assessment. RACHEL ALT-SIMMONS, HEAD OF STRATEGIC DESIGN, DATA, PRICING AND ANALYTICS AT AXA XL “We think of it as everyone's responsibility in the organization to be more data-driven. After all, every single one of us is probably touching data in some way, regardless of your role.”AXA XL employs 13,000 people around the world who work on distributed teams, which means many of their teams don’t actually work with most of their team members since they work with different clients. Virtual collaboration is important across global locations, and as an insurance company, their data needs are highly reliant on paper documents and PDFs. Because so much of AXA XL’s data is st

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