AXA XL believes insurance is a force for progress and recognises its role in the planet’s future, driving the company’s search for innovations that will power a greener global economy.
The challenges created by the global energy transition call for new thinking, and a new approach.
Whether clients are energy providers, in an industry involved in supporting the transition, or transitioning their business towards net zero, AXA XL’s innovative insurance products and solutions go beyond protection, embracing prevention. The company’s global insights from the energy sector and beyond give you better clarity about risk, at every stage of an asset’s lifecycle.
Australia is seeing rapid growth in renewables, batteries, and innovative technologies aimed at reducing carbon emissions and diversifying the energy mix and there has been substantial investment in clean energy projects, with both government and private sector initiatives contributing to the development of renewable energy infrastructure.
AXA XL is excited to support the transition, including establishment of a strategic initiative and a local specialist practice group dedicated to delivering a wide range of insurance coverages tailored to the energy transition sector.
Broad product expertise
AXA XL will leverage its unique expertise and assets to support its clients’ transition journey. This encompasses products and services beyond insurance, spanning various stages of the asset life cycle, from financing, construction and operations to decommissioning.
- AXA XL insures renewable and clean energy sources such as wind, solar, bioenergy, battery storage, hydroelectric, blue and green hydrogen and carbon capture and underground storage.
- AXA XL provides property, construction, energy and casualty products for energy transition.
Additionally, the company offers:
- Products that service the energy transition, such as the transportation of energy production infrastructure.
- AXA XL can partner with you to provide risk-transfer solutions for performance risks for technology and renewable energy products.
- Comprehensive pollution coverage, protecting your business should pollution or environmental damage occur, and supporting the regeneration of brownfield sites.
- AXA XL’s Directors and Officers insurance helps cover defence costs and damages arising out of wrongful act allegations and lawsuits brought against an organisation’s board of directors and officers.
Risk consulting services
Deploying AXA XL’s expertise for your business
Energy producers face a variety of complex risks, so you need a partner you can rely on to help make your business more competitive, improve your risk profile and achieve operational excellence. AXA XL’s team of risk consultants has extensive experience of the unique challenges associated with this sector.
Benefits include:
- Technical expertise to help you navigate your biggest risks
- Unlock future growth opportunities
- Free you from uncertainty so you can focus on growth and innovation
AXA XL’s claims promise
When you buy an insurance policy, you’re buying a promise. AXA XL’s promise is to deliver an exceptional claims experience. With AXA XL’s global footprint, culture of service and unparalleled expertise, the company will be there for you wherever and whenever you need it.
Global reach, local empowerment
AXA XL’s claims professionals deliver uncompromisingly high levels of service and are positioned to manage covered claims in more than 200 countries and territories. The company understand the nuances and unique challenges of local jurisdictions and are locally empowered to address and resolve claims promptly and fairly.
Personalised service, proactive partner
AXA XL takes a personalised approach to engaging with clients and brokers – to get to know your business, proactively share insights and collaborate with you. AXA XL holds itself accountable, and values hearing from you on whether the company is getting it right and how it can improve.
Specialised expertise, resolution-focused
AXA XL is committed to excellence in everything it does. Its experienced claims professionals are specialised by line of business, industry and region. AXA XL puts its expertise to work for its clients and stay resolution-focused at all stages of the claims lifecycle.
Testimonials
“AXA XL Claims is one of the most professional, courteous and skilled teams I work with. I’m at a large brokerage and work with ll carriers and I can say with confidence that my associations with AXA XL claims folks are always top notch and amongst the most impressive in the industry. Thank you!” – Broker
“AXA XL Claims professionals are always prompt in their responses and understanding in how a large company manages their claims. Can’t say enough about how AXA XL helps me to be informed and prepared when discussing insurance matters with my company C-suite.” – Risk Manager
