Axa XL has set up a new business unit dedicated to prevention. Led by Libby Benet, currently the company’s global chief underwriting officer, the company says the new unit will accelerate the development and reach of its risk consulting capabilities and prevention services.

The business unit will combine advanced data, analytics and technology with Axa XL’s risk engineering and advisory expertise to deliver solutions aimed at helping businesses address key risks, including climate, supply chain disruption, cyber threats and operational resilience. It becomes Axa XL’s fifth business unit, alongside Americas, APAC & Europe, UK & Lloyd’s and Reinsurance.

Axa’s 2025 future risks report highlighted prevention as a critical strategy for the future, with 86% of experts agreeing that the most concerning risks could be at least partially avoided through preventive measures. Scott Gunter, CEO of Axa XL, said: “Prevention must be at the heart of how we support our clients. That is why we are making services a core part of our offering. The launch of this business unit marks an important step. By expanding our services capabilities, we are strengthening how we support our clients and positioning Axa XL for the future.

Benet added: “Our clients are looking for more than risk transfer – they want partners who can help them anticipate, prevent and mitigate risk. This business unit allows us to build on what we already do well, deepen our engagement with clients, and better integrate prevention and risk insights into how we serve them globally.”

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