Coverages
• Operational All Risks
• General Liability Insurance
• Delay in Start-Up Risks
• Business Interruption Risks

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.

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: 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.

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:

Industry Expertise: ATA's deep understanding of the technology sector enables us to provide insurance solutions that are specifically designed for fast-evolving fields. Our underwriters stay on top of the latest developments to make sure we meet your needs.

Tailored Solutions: Every company in the new technology space 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.

Proactive Risk Management: ATA doesn't just react to incidents; we help you plan for and mitigate risks before they impact your operations. ATA partners with you to develop strategies that keep your business resilient in a changing technological landscape.

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.

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 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.

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