Coverages
• Products Liability
• General Property Damage

Target Appetite
• Battery manufacturers
• Component suppliers
• Battery testing, research and development
• Battery distribution and logistics providers
• Battery maintenance and repair services

The world is rapidly shifting towards sustainable energy, and at the heart of this transformation is the rise of advanced batteries. From electric cars to renewable energy storage facilities, batteries are reshaping the future of energy consumption. For battery manufacturers, this wave of innovation presents immense opportunities but also significant risks. This is where ATA plays a crucial role.

Batteries: The Backbone of the New Energy Era
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Battery technology is essential for several fast-growing industries:
Electric Vehicles (EVs): EVs, powered by high-performance lithium-ion batteries, are at the forefront of the global shift towards cleaner transportation. These batteries need to be reliable, safe, and efficient to meet the demands of both manufacturers and consumers.
Electric Aircraft: As the aviation industry begins exploring electric aircraft, the most lightweight and powerful battery systems are essential to provide the energy density needed for flight.
Battery Energy Storage Systems (BESS): Battery energy storage systems allow us to store excess energy from renewable sources like solar and wind. They help stabilize the grid, reduce energy costs, and provide a reliable power supply during peak demand or outages. For manufacturers, ensuring the safety and performance of these systems is vital for their widespread adoption.

The Role of Insurance in Commercialising Advanced Technologies

As advanced 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.

Property and Equipment Coverage: From autonomous vehicle fleets to charging networks, the infrastructures supporting new technologies are capital-intensive and highly sophisticated. ATA provides comprehensive property insurance to ensure that critical equipment and facilities are safeguarded against damage or operational interruptions.

Third Party Liability Protection: Across all sectors of advanced technologies, 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 specialized products liability insurance helps mitigate the risk of product failures, recalls, or malfunction that could otherwise derail a company’s growth.

Why Choose ATA?
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Choosing ATA means partnering with a firm that understands the intricacies of today's most novel industries. Here's what sets us apart:

Technical Expertise: Our team brings deep understanding of the technologies at the heart of tomorrow's economy, from autonomous systems to energy storage, ensuring our insurance solutions address real-world risks.

Advanced Technologies Focused: ATA is dedicated to insuring the full spectrum of advanced technologies. This singular focus means we are closely aligned with the needs of innovators and operators across diverse sectors.

Tailored Solutions: Every company harnessing advanced technologies has distinct challenges and opportunities. Whether you're a startup creating next-gen battery systems or a well-established company scaling your charge-point network, ATA offers customized insurance packages that align with your goals.

Comprehensive Coverage: From physical damage to equipment to liability protection for products and operations, ATA ensures that your business is covered from all angles as you grow your business and innovate in your field from prototype to global deployment.

Financial Strength and Capacity: With meaningful capacity and strong financial backing, ATA gives clients the confidence to pursue ambitious technological transformation.

Regulatory Compliance and Innovation Support: As new technologies evolve, staying ahead of regulatory requirements is crucial. ATA works closely with industry bodies and regulators to ensure that your business complies with current and future standards, protecting you as the regulatory landscape shifts.

The rapid advancement of technology introduces a range of complex risks. As industries evolve, effective risk management becomes critical. ATA provides tailored expertise to help you address these challenges, ensuring your operations are secure and future-ready.