French reinsurance company SCOR has become part of a group of more than ten reinsurers supporting a new global insurance facility for AI and data centre infrastructure.
The scheme, created by Advanced Technology Assurance (ATA), combines a range of conventional and specialist insurance classes within a single multi-line policy tailored for large-scale AI and data centre developments.
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Under the facility, SCOR will serve as lead insurer for the environmental impairment liability (EIL) component, covering pollution and environmental damage exposures linked to AI and data centre sites.
It will also act as a follow insurer across cyber and tech, marine cargo, and war and terrorism sections.
SCOR business solutions global EIL segment leader Emma Bartolo said: “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.”
According to the company, the structure is designed to address potential gaps that can occur when complex projects rely on multiple stand-alone policies.
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By GlobalDataCiting a McKinsey & Company forecast, SCOR said that more than $7tn will be invested in the sector by 2030.
ATA operates as a managing general underwriter (MGU) specialising in insurance products for advanced technology sectors internationally.
It commenced underwriting in October 2023 with backing from Convex Group, which provided cornerstone investment and underwriting capacity.
ATA writes business on behalf of a panel of global reinsurers and distributes through both retail and wholesale brokers worldwide.
The facility is intended to offer a unified insurance framework for the growing market in AI and data centre infrastructure, bringing multiple risk categories together under one consolidated policy.
Last April, SCOR named Philipp Rüede as CEO of its life & health division, effective 1 June 2025.
He succeeded Frieder Knüpling, who stepped down in July 2024 and also became a member of the executive committee.
