
Target Appetite
• Commercial operators of charge points
• Car park operators
• Local authorities
• Slow-ultra fast charging points
The global transition to electric vehicles is accelerating, and with it the demand for reliable charging facilities. Charge Point Operators (CPOs) play an essential role in supporting this growth. However, like any emerging industry, the world of charge points comes with its own unique challenges and risks. That's where ATA steps in, offering tailored insurance to protect and support CPOs as they scale their operations.
Charge Points
Charge points, or EV charging stations, are critical infrastructure that allow electric vehicle owners to recharge their cars. These charge-points can be installed in a variety of locations, including:
• Public car parks
• Service stations
• Housing developments
• Commercial buildings
They vary in terms of power output and speed, ranging from standard Level 1 chargers to ultra-fast DC chargers. As the demand for EVs continues to rise, so does the need for a comprehensive network of charging stations.
The Role of Insurance in Commercialising Advanced Technologies
As emerging technologies shift from development to full-scale commercial use, managing the risks associated with these innovations becomes essential for their success. ATA plays a pivotal role in enabling these new industries to thrive by offering tailored insurance solutions that address their unique challenges.
Third Party Liability Protection: In the field of emerging technology accidents and system failures can be hard to predict and can lead to significant third-party claims. ATA offers strong liability coverage, ensuring that manufacturers and service providers are protected from the financial repercussions of property damage or personal injury claims.
Product Liability Insurance: Companies developing advanced technologies like battery systems or autonomous vehicle software face heightened risks as they bring these complex solutions to market. ATA’s specialised products liability insurance helps mitigate the risk of product failures, recalls, or malfunction that could otherwise derail a company’s growth.
The rapid advancement of revolutionary tech introduces a range of complex risks. As these industries change, effective risk management becomes critical. ATA provides tailored expertise to help you address these challenges, ensuring your operations are secure and future-ready.
ATA's wide range of property and casualty insurance products protect and enable the growth of industries that shape the future. Discover what being ATA insured means.