Coverages
• Aircraft Hull & Liability
• Spares All Risks
• Third Party Liability
• Products Liability
• Hangarkeepers Liability
• Premises Liability
• Cargo Legal Liability
• Hull War
• Liability War

Target Appetite
• Operators of emerging aircraft
• Manufacturers of emerging aircraft and major components
• Next-generation avionics and aircraft designs.
• Suppliers and distributors of component parts
• Service, maintenance, and repair operations of emerging aircraft
• Emerging aviation flight testing
• Airspace management infrastructure and services

Emerging aviation technologies are reshaping how we think about flight, offering more efficient, sustainable, and advanced ways to travel. With revolutionary concepts like hydrogen-electric propulsion powertrains on the horizon, the aviation industry is evolving faster than ever. However, along with this rapid progress comes the need for robust risk management solutions, and that's where ATA steps in.

Emerging Aviation

Emerging aviation refers to the latest innovations in the aviation sector aimed at increasing efficiency, sustainability, and safety. These advancements span from new types of aircraft to breakthrough technologies in propulsion and avionics. One area is that of hydrogen propulsion systems.

Hydrogen-Electric Propulsion Powertrains

Hydrogen-electric propulsion is gaining attention as a sustainable alternative to traditional jet engines. By using hydrogen fuel cells to convert organic energy into electrical energy, these powertrains have the potential to drastically reduce carbon emissions, making air travel more sustainable. However, this innovation is not without its challenges. Scaling up the infrastructure for hydrogen production and distribution, as well as ensuring the safety of hydrogen tanks, are critical concerns. Insurance plays a key role in mitigating these risks by covering potential liabilities and offering financial protection against unforeseen issues that are inevitable in the development of such exciting technology.

The Role of Insurance in Commercialising New Aviation Technologies

Advanced Air Mobility, or AAM, has been widely welcomed as the catch-all term for a new ecosystem of aviation technologies: from smaller unmanned systems to passenger-carrying eVTOLs and larger fixed-wing electric, hybrid and hydrogen-powered regional aircraft. ATA is are here for the broad AAM landscape, with targeted risk appetite for manufacturers of aircraft and major components, operators of eVTOL, eSTOL and eCTOL aircraft, operators of autonomous and RPAS fleets, suppliers and distributors of component parts, service, maintenance, and repair operations, vertiport construction and operations, design and engineering consultancy, airspace management infrastructure, alternative aviation fuels and powertrains, and next generation avionics. As the AAM sector moves from the phase of research and development to full commercialisation, managing the risks of emerging technologies becomes critical. Here’s how ATA helps:

Hull Insurance: The aircraft and equipment used in AAM are highly sophisticated and expensive. Manufacturers and operators can be left exposed to substantial losses. ATA provides damage coverage for the full range of AAM technology, from eVTOL test flights, to drone fleet operations as well as the ground control equipment needed to make it all possible. With expert loss adjusters and claims teams, ATA ensures that companies can recover quickly from incidents and continue their operations.

Third Party Liability Protection: Whether you're launching an air taxi service or managing a delivery service drone fleet, accidents or malfunctions can lead to costly third party claims. ATA's insurance policies offer robust coverage to protect operators from claims related to such property damage or injury.

Products Liability Protection: Manufacturers in the AAM space are constantly developing new products with ever increasing complexity. Whether developing alternative fuel propulsion systems or parts for high-altitude platform systems, ATA’s specialised products cover helps mitigate the risks associated with taking these technologies to market.

Why Choose ATA?

Choosing the right insurance partner for your AAM venture is crucial to ensuring smooth operations. Here’s what ATA offers for your business:

Industry Expertise: ATA specialises in insurance for pioneering tech, with a deep understanding of the unique challenges posed by rapidly evolving industries. Our team is made up of experts who are deeply engaged in the developments of the aerospace industry so that our policies are at the forefront of the sector.

Tailored Solutions: We recognise that no two AAM companies are alike. Whether you're a startup testing new hydrogen technology or an established operator looking to purchase eCTOL aircraft, ATA provides customisable insurance solutions that fit your specific business needs.

Proactive Risk Management: ATA goes beyond simply offering policies—we work as your strategic partner, helping you identify and mitigate potential risks before they impact your operations.

Comprehensive Coverage: With ATA, you get more than just traditional insurance. Instead our range of coverages is set up to ensure all aspects of your business are protected.

Regulatory Compliance and Adaptation: AAM is a rapidly evolving sector, and keeping up with changing regulations can be challenging. ATA works closely with aviation authorities to ensure that your business is always covered.

As the transportation landscape evolves, Advanced Air Mobility is leading the way. With the growth of this sector come new risks and challenges that must be managed effectively. ATA provides the specialised expertise to navigating the complexities of AAM, helping you safeguard your business as it grows.

_{Image Credit: H2Fly, "HY4", www.h2fly.de, 2024.}