SCOR supports major new fully integrated insurance facility for AI infrastructure

SCOR has joined a consortium of more than 10 leading (re)insurers to back a groundbreaking, aggregated global insurance facility for AI and data center infrastructure. Launched by Advanced Technology Assurance (ATA), the facility is a first of its kind to integrate multiple traditional and new lines of insurance under a single multi-line policy.

The AI infrastructure market is expanding extremely rapidly, with McKinsey & Company predicting investment of more than USD 7 trillion in the sector by 2030.¹

By taking an aggregated approach, this new (re)insurance facility aims to avoid the coverage gaps that can result from using separate policies in the complex, large-scale projects linked to the AI boom. Instead, it provides a straightforward solution that encompasses the entire AI and data center infrastructure sector.

SCOR’s position as lead insurer on the facility’s environmental impairment liability (EIL) section clearly demonstrates its status as a key player in the technological transition to AI, whilst protecting against pollution and environmental damage risk. SCOR will also provide follow lines on Cyber and Tech, Marine Cargo, and War and Terrorism, illustrating its cross-class expertise.

Emma Bartolo, Global EIL Segment Leader at SCOR Business Solutions, comments: “We are delighted to be part of this groundbreaking facility, which takes a holistic approach to covering the AI infrastructure market, and to use our EIL expertise to drive and protect responsible innovation.”

About ATA

Advanced Technology Assurance (ATA) is a managing general underwriter established to deliver insurance for advanced technologies worldwide. ATA commenced insurance operations in October 2023 with the cornerstone investment and underwriting capacity of Convex Group. Today, ATA underwrites on behalf of some of the world's leading (re)insurers and serves a global client base through a network of retail and wholesale insurance brokers.

About SCOR Business Solutions

SCOR Business Solutions is the large corporate risk insurance arm of SCOR. As part of SCOR’s Property & Casualty business, SCOR Business Solutions offers a comprehensive range of insurance products to address the evolving insurance needs of large commercial clients.

The team’s expertise spans Property insurance (general property, power, construction, on and offshore energy, and mining), Casualty (general liability, environmental impairment liability, professional indemnity, and executive risks), and other Specialties (cyber, marine, fine art, marine H&M, cargo, builder’s risk, political and credit risks, space, alternative solutions, terrorism and political violence, and legal solutions). We are market leaders in construction and energy, and we pride ourselves on being active enablers of the energy transition.

With more than 250 highly qualified underwriters and data analysts across Europe, North America, Latin America, and Asia Pacific, we are able to work with clients around the world whilst also offering a deep understanding of local markets and the challenges faced.

We believe that the best way to serve our clients is through collaboration and innovation, so we take the time to understand their needs and propose tailor-made solutions that deliver. SCOR Business Solutions is part of the SCOR Group.

Footnote:

¹ McKinsey & Company, The cost of compute: A $7 trillion race to scale data center (McKinsey, 28 April 2025).