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Milan - February 09, 2022

¾ÅÉ«ÊÓƵÓÈÎïÊÓƵin Italy announced it’s formed an Industry Professionals Team to serve the Light Metalworking & Machinery Manufacturing (LM & MM) sector. The team, comprising underwriters, claims handlers and risk consultants, offers insurance coverages specifically designed to address the needs of the LM & MM sector, including:

• Property all risks
• General, product liability
• Environmental liability
• Climate risks
• Marine & cargo

The offering also includes risk mitigation services provided by AXA XL's risk consulting team and , an ¾ÅÉ«ÊÓƵpartner specializing in crisis management and incident response services for the LM &MM sector.

Commenting, Saverio Longo, Country Leader for ¾ÅÉ«ÊÓƵin Italy, said: "Precision machinery, metals and metal products represent 41% of Italy’s exports. Our newly formed Industry Professionals Team will develop tailor-made solutions to better address the specific needs of these industries, which are essential to the country’s economy.”

He added: “Last year, we formed a similar team to serve the Food & Beverage sector. I strongly believe that focusing our underwriting, claims and risk consulting expertise by industry allows us to better support our partners and to foster long-term relationships with our clients.”