AXA XL unveils digital construction resource platform for contractors

    Insurance Business, 5/28/2020

    The North America construction business of AXA XL will launch a new integrated digital platform for the company’s contractor clients.

    The new “Construction Ecosystem” platform leverages technologies to help contractors monitor and aggregate data, providing them with insights and benchmarks to allow contractors to better manage risks on their jobsites and across their organizations.

    Topics: News Coverage

    AXA XL to launch first-of-its-kind Construction Ecosystem

    AXA XL, 5/27/2020

    AXA XL’s North America Construction insurance business will launch the first-of-its-kind Construction Ecosystem, an integrated digital platform, employing innovative construction technologies to monitor and aggregate data that provides AXA XL’s contractor clients with unique insights and benchmarks to help manage risks on their jobsites and across their organizations.   

    Starting in June, a number of current customers will have exclusive access to the Construction Ecosystem and have signed on to utilize and provide initial feedback on the platform. Wider access is planned for later in 2020.

    Topics: News Coverage

    AI improving safety, mitigating jobsite risks

    AXA XL, 5/22/2020

    Construction projects range widely in size, but they all have a major common problem: managing an increasing amount of data from jobsites and deriving insights to predict the future.

    The amount of digital information on construction sites around the world is increasing. The challenge is, how can risk professionals and insurers use that data to improve safety, reduce risks and enhance productivity at the project, company and industry level?

    Topics: News Coverage

    Predictive Analytics Strategic Council outlines benefits construction

    ENR, 5/20/2020

    Integrating the data science of predictive analytics into the workflows of construction is a daunting task, but the potential benefits for safety and efficiency could be significant, according to a new white paper from an industry technology group.

    Topics: News Coverage

    How Oracle’s Innovation Lab could help you keep your social distance

    Built in Chicago, 5/21/2020

    Before the COVID-19 pandemic, Oracle was already focused on how to build buildings remotely. But as the coronavirus has spread, the tools on hand at the Chicago-area company have helped global businesses outside of construction and inside coronavirus hotspots keep safe.

    Topics: News Coverage, COVID-19

    Innovation in a time of crisis: How construction is responding to COVID-19

    Construction Executive, 5/6/2020

    A recent survey published by EY found that only 28% of construction and engineering companies have a successful digital strategy. This does not come as a surprise as the construction industry has historically been slow to adopt new technologies. COVID-19 has changed that. 

    The carpet has been pulled out from under many as the standard mode of operations is no longer feasible. It has been said that necessity is the mother of invention and as COVID-19 continues to disrupt construction, companies have continued to prove their resiliency through onsite and offsite innovation and quick adaptation to change.

    Topics: News Coverage, COVID-19

    Shawmut announces new technology-aided safety protocols in response to COVID-19

    Shawmut, 5/5/2020

    Shawmut has developed a robust COVID-19 safety plan, created in partnership with trade unions, industry peer groups, and other leading firms, to minimize coronavirus exposure and risk across all jobsites. The firm has rolled out safety protocols, new job-site innovation, and an exhaustive COVID-19 risk assessment and response plan to all project sites across the country, ensuring the safety of all employees and team members.

    Topics: News Coverage, COVID-19