August 15, 2022

AXA XL launches custom-built insurance for new class of construction business — Highly Protected Projects

NEW YORK, Sept. 23, 2020 /PRNewswire/ — AXA XL’s North AmericaConstruction insurance business is building tailored insurance programs and services for construction projects that qualify as a “Highly Protected Project” (HPP) because of their implementation of technologies designed to reduce project risk.

According to Gary Kaplan, president of AXA XL’s North America Construction insurance business, “In commercial property insurance, facilities that incorporate added risk and safety measures, such as sprinkler systems, are considered ‘Highly Protected Risk’ and can earn more favorable insurance rates and terms.  With greater adoption of technology on construction jobsites, we’re seeing the same opportunity to extend more competitive insurance coverage and capacity for projects that are taking action to reduce risks.”

Construction projects eligible to attain AXA XL’s HPP status and specialized insurance include Health Care, Commercial Office, Higher Education and Manufacturing/Processing construction projects valued at USD 200 million or more.  The project must show implementation of technology that can as an example:

  • Mitigate water damage: Sensors are available to quickly identify leaks and wastes in real time, send alerts and automatically shut off the source of identified leaks. 
  • Detect unhealthy or unsafe environmental conditions: Sensors are helping contractors monitor jobsite conditions and provide real time alerts when conditions go outside normal range such as temperature, humidity, or dust/airborne particulate.
  • Monitor onsite safety:  Wearable technology is helping contractors detect falls, report injuries and sound alarms in case of emergency
  • Aid in subcontractor prequalification: Available software helps contractors review and benchmark subs while providing risk mitigation recommendations
  • Support project scheduling: Perform analysis on the quality of a project schedule

To help clients achieve HPP status, AXA XL’s Construction Risk Engineers have curated a variety of construction technologies to help contractors find solutions that fit their business needs.  Through AXA XL’s Construction Ecosystem, contractors and project owners can also access an online platform that connects in-use technology solutions to provide a comprehensive project risk snapshot.  

AXA XL’s North America Construction insurance business includes dedicated construction underwriters providing primary and excess casualty, professional liability, builders risk, wrap ups, subcontractor default, and pollution insurance.  Additionally, AXA XL’s North America Construction team provides claims expertise as well as risk engineering services to support our clients’ loss prevention and safety efforts.

Follow AXA XL on Twitter and on LinkedIn.


AXA XL, the property & casualty and specialty risk division of AXA, provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit



AXA XL Insurance offers property, casualty, professional, financial lines and specialty insurance solutions to mid-sized companies through to large multinationals globally. We partner with those who move the world forward. To learn more, visit

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