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Advanced Technology Assurance Limited (ATA) has launched cyber insurance for the fast-growing advanced technology sector. Global adoption of autonomous vehicles, robotics, AI infrastructure, and unmanned aircraft exposes companies to increasingly complex cyber risks. ATA’s product addresses these risks with targeted coverage, AA-rated financial backing, and worldwide reach..
Specialized Cyber Coverage for Cutting-Edge Industries
Clients can buy ATA’s cyber insurance as a standalone policy or add it to their advanced technology coverage. Michael Coles, ATA Chairman, emphasized the distinction: “Cyber is now a commoditized, generic insurance product bought by businesses from Main Street to Wall Street. What makes ATA’s cyber insurance different is that our coverage is designed specifically for advanced technologies.”
The product addresses the technical cyber requirements of unmanned and electric aircraft, autonomous vehicles, automated factories, robotics, and autonomous rail. Coles noted that these technologies require precise, complex insurance solutions.
Global Reach and Financial Strength
ATA offers worldwide coverage, subject to Lloyd’s licensing, and is backed by the AA-rated financial security of Tokio Marine Kiln. Lead Underwriter Alistair Blundy said, “ATA is home to insuring the world’s most advanced technologies. What sets our customers apart is the foundation and intricacy that cyber risk has to their business.”
The company’s operational readiness and targeted risk appetite position ATA as a first-call choice for insurance brokers handling advanced technology clients.
ATA’s Market Position
ATA provides fit-for-purpose insurance for sectors including AI infrastructure, semiconductors, robotics, autonomous vehicles, electric aviation, and automated manufacturing. The company serves large and mid-cap clients globally through a network of major and local brokers.
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