MGU brings global insurers and reinsurers together in AI insurance facility

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‘We’ve brought the capacity and expertise of the world’s top (re)insurers to one table to create one specialised policy,’ says chairman

Managing general underwriter (MGU) Advanced Technology Assurance (ATA) has launched a new insurance facility offering up to $750m (£556m) of capacity to underwrite the global artificial intelligence (AI) infrastructure build-out.

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