AWS and AXA to Develop Global B2B Risk Management Platform

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Amazon Web Services (AWS) and AXA are jointly developing a global business-to-business (B2B) risk management and prevention platform and associated software services.

AXA, an insurance and asset management firm, will leverage AWS analytics capabilities to add services for existing clients and AWS clients through the AXA Digital Commercial Platform (DCP), the companies said in a Thursday (April 4) press release.

“Globally clients are grappling with extreme weather, cyberattacks, and other shocks and disruptions,” Scott Gunter, CEO of AXA XL, said in the release. “We believe that building resilience is more essential than ever.”

The collaboration with AWS will bring together that company’s tech capabilities and AXA’s commercial insurance expertise, creating the “next generation of risk management insights and services,” Gunter said.

AXA DCP uses industry, business and environmental data; geospatial analytics; and generative artificial intelligence (AI) to help clients monitor their assets and navigate risks like natural disasters, supply chain disruptions and cyberthreats, according to the release.

AXA will use Amazon Bedrock, which offers a range…

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