Axa XL Risk Consulting has launched its risk reading platform, according to a statement from the Axa SA division on Thursday.
The automated portfolio assessment tool enables risk managers to perform risk analysis of the company's websites by region, country or risk, the statement said.
The platform uses data group capabilities and probabilistic algorithms "to perform multiple risk assessments of a company's physical locations", it is said.
Risk search enables risk managers to generate assessments of their companies' websites by region, country or danger, the statement said.
Maxime Ambourg, risk advisor for innovation and business development at Axa XL Risk Consulting, said in the statement that the tool can help a company realize the risks associated with smaller websites that are rarely visited by risk engineers.
Jonathan Salter, head of risk advice at Axa XL, said that the launch is part of a broader strategy to further digitize offers for risk managers.