Global insurance and reinsurance company AXA completed the acquisition of Bermuda based XL Group Ltd, a leading global Property & Casualty commercial lines insurer and reinsurer, for $15.3 billion. AXA XL is now a subsidiary of AXA. It is co-headquartered in Hamilton, Bermuda, and Stamford, Connecticut, and has more than 100 offices on 6 continents.
“Leveraging Informatica, we’re making changes that are going to transform the company in ways that are not yet even envisioned. All the companies that comprise AXA XL have shared a history of leadership and trailblazing, and Informatica helps keep us at the forefront.”
Senior CoE Lead - Data Analytics Workbench, AXA XL.
Standardize on a single data management platform with integrated products
Partner with a cloud data management leader for strong support and services
Deploy big data infrastructure entirely in the cloud, feeding a- Microsoft Azure-based data lake
Reduce the complexity and cost of managing and cleansing big data across business units to gain insights into policyholder, broker, and product performance
Democratize data discovery and preparation to allow data scientists, analysts, and actuaries to prepare and operationalize data for trusted insights
Attain profitable growth by identifying cross-sell and upsell opportunities for brokers and partners to sell more insurance products to existing customer base
Solutions & Results
Use Informatica Data Engineering Integration and Informatica Data Engineering Quality to integrate, govern, and cleanse data from on-premises and cloud sources
Enable data scientists, actuaries, and analysts to prepare data for analysis via self-service using Informatica Enterprise Data Preparation
Helps increase shareholder value by enabling complex activities such as cross-selling and upselling of insurance policies through brokers and managing general agents
Scan and catalog insured and policy data across the enterprise using Informatica Enterprise Data Catalog, making data actionable and easy to find
Simplifies advanced analytics with a Data Ecosystem & Engagement Platform (DEEP), helping AXA XL build innovative data assets faster and at a lower cost
Allows for faster, deeper insights to support new policy introductions while improving investment returns and lowering expense ratios