Howden CAP, AXA XL to collaborate

Howden CAP and AXA XL have announced an API collaboration, representing Howden CAP’s third API collaboration with an underwriting partner in the last 12 months. This development reflects Howden CAP and AXA XL’s commitment to utilise digital platforms to enhance efficiency and market integration, and to provide seamless insurance solutions for institutional clients.

APIs (Application Programming Interfaces) are efficient data-sharing systems that integrate data formats and languages from different organisations. APIs cut costs by eliminating the need to reconcile or manually adjust data between connecting parties. By collaborating with underwriters, Howden CAP clients and their broking teams can obtain offers and execute business, delivering a data-driven method of trading and placement of insurance.