“New ATA Brand for Insuring Advanced Technologies”

Insur­ance com­pa­ny, Skyrisks, has now become — abra­cadabra — Advanced Tech­nol­o­gy Assur­ance Ltd (ATA), reports a press release. The com­pa­ny remains based in Lon­don serv­ing cus­tomers in major mar­kets across the world. 

This trans­for­ma­tion aka a rebrand­ing ini­tia­tive, includes not only a new name, but logo, com­pa­ny val­ues, sig­na­ture and web­site, all occur­ring lit­tle more than a year after Skyrisks was first formed. 

Sup­port­ed by the under­writ­ing capac­i­ty of Con­vex Group, the move also under­scores a planned expan­sion into new sec­tors beyond aero­space where advanced tech­nol­o­gy risks require a more spe­cial­ist approach.

Michael Coles, Chair­man of ATA, remarked, “In a short time as Skyrisks, we achieved our goal of becom­ing a spe­cial­ist in advanced air mobil­i­ty (AAM), includ­ing unmanned air­craft sys­tems (UAS), eVTOL air­craft, and oth­er emerg­ing avi­a­tion tech­nolo­gies. We built under­writ­ing ‘cen­tres of excel­lence’ in autonomous sys­tems, bat­tery tech­nolo­gies, elec­tric infra­struc­ture, and hydro­gen and alter­na­tive fuels.”

He con­tin­ued, “Over time we will apply our tech­ni­cal exper­tise into build­ing fit-for-pur­pose, ver­ti­calised prod­ucts for cus­tomers across sec­tors like aero­space, ener­gy, indus­tri­al, trans­porta­tion and tech­nol­o­gy as we sup­port the future of indus­tri­al trans­for­ma­tion, elec­tri­fi­ca­tion, automa­tion, and com­put­ing.”

(Michael Coles on the right side — Cred­it: ATA)

The release com­ments, “The com­pa­ny is invest­ing sig­nif­i­cant resources in devel­op­ing new risk mod­els, new pol­i­cy lan­guage, and new cov­er­ages that enable the adop­tion of our cus­tomers’ tech­nolo­gies, ser­vices and busi­ness mod­els. No mat­ter what stage a cus­tomer is on their advanced tech­nol­o­gy jour­ney, from R&D to indus­tri­al scales and beyond, ATA is a long-term part­ner.” 

For more infor­ma­tion

www.ata-insurance.com

(Top image: Cred­it ATA)

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