Turn operational complexity into a clear, insurable risk profile
At Axis Insurance, we support growth-stage and public companies translate operational complexity into governable, insurable risk. Our process is guided by one core principle: organizations make better insurance and risk-management decisions when they clearly understand their risks, which is why our work starts with a structured risk assessment, led by a senior advisor.
The Axis Risk Compass identifies the operational, technological, contractual, and governance risks most likely to disrupt a business. By converting complexity into clarity, it helps teams uncover gaps early, prioritize meaningful improvements, and reduce preventable incidents, supporting fewer disruptions, lower loss severity, and greater resilience over time.
Download this article as a WhitepaperWhy Traditional Applications Fall Short
Traditional insurance applications rely on binary answers that fail to capture context or demonstrate control strength. This often leads to underwriting friction, follow-up questions, slower quoting, and pricing that may not accurately reflect the organization’s true risk profile.
What Changes with a Structured Risk Assessment
The Risk Compass enables organizations to clearly articulate their security posture, governance practices, operational safeguards, and risk management strategy in a format underwriters can readily assess.
This results in more efficient underwriting, stronger insurer confidence, improved terms, and clearer insight into where targeted control improvements can materially reduce claim frequency and severity.
Designed for Management and Underwriters
The Risk Compass is built to serve both leadership and insurers. It produces a management-ready view of control maturity and priority gaps, along with an underwriting-ready narrative that connects your controls to insurer expectations.
The result is clearer internal decision-making, more efficient underwriting, and a consistent renewal story year over year. Outputs include:
- Compass Score, an overall control maturity
- Compass Report, a domain-by-domain results with “why it matters” underwriting context
- Compass Roadmap, a prioritized improvements supported by practical tools and resources.
Strengthening Resilience and Supporting Growth
Beyond insurance placement, the assessment supports:
- Cross-border scalability, ensuring contractual, regulatory, vendor, and data-flow risks remain aligned as operations expand internationally
- IPO and public-company readiness, reinforcing governance, escalation, and risk reporting aligned with executive and audit or risk committee oversight
Over time, organizations that invest in disciplined risk management experience fewer losses, greater operational continuity, and improved negotiating leverage with insurers.
What You Can Control
Insurance outcomes are shaped by two forces: market cycles and risk quality. Market conditions will rise and fall, but organizations that understand their risks, strengthen internal controls, and reduce preventable claims are better positioned for long-term premium stability.
In practice, insurers reward control maturity and a defensible risk narrative. When you can clearly demonstrate governance, security practices, and operational safeguards, you reduce underwriting friction, improve renewal continuity, and strengthen your negotiating position, supporting a more stable long-term cost trajectory even when the market tightens.
The Axis Risk Compass
The Axis Risk Compass bridges the gap between how organizations operate and how insurers evaluate risk. It captures control depth traditional applications miss and translates it into an underwriting-ready risk profile. It also produces a management-ready view of risk posture that leadership teams can use to prioritize owners, evidence, and next steps across key control domains.
The output is not just a score, but a repeatable foundation for better underwriting outcomes: a clear assessment of current controls, a practical roadmap for improvement, and a consistent risk narrative that supports stronger terms and renewal continuity year over year. As controls mature, the Compass helps track progress over time, reducing preventable claims and supporting a more stable long-term insurance cost trajectory.
Request access to the Axis Risk Compass to start your assessment.
We’ll provide secure access and schedule an advisor review once the assessment is complete.
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Chris Jones
Account Executive, Life Sciences & Technology
I’m Chris Jones, an Account Executive specializing in Life Sciences & Technology at Axis Insurance. With over 17 years in the insurance industry, I joined Axis in 2011, bringing a wealth of experience and knowledge to the table. My expertise lies in managing technical risks, particularly in sectors such as technology, intellectual property, manufacturing, and other complex risks. Throughout my career, I have honed my skills to provide tailored insurance solutions that meet the unique needs of clients in these fields.
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Clive Bird
Senior Vice President, Mining & Technology
Clive is an insurance risk specialist, investor, entrepreneur, and product developer for hard-to-place Insurance risks. For over 15 years Axis Insurance enjoyed a reputation for quality, innovation, creativity and relationship building. Since selling the company to a Western Canadian owned brokerage, Clive has continued to support Axis clientele through product development, commitment to service and an imaginative approach to coverage solutions.
AUTHOR BIOGRAPHY
