XL Catlin has established a Global Autonomy Centre of Excellence for the development of insurance products designed for emerging technologies.

“Autonomous technologies are changing the world around us, the way companies operate and the risks they face,” CEO Mike McGavick said.

“Our message to the market is clear – we have significant risk appetite, we have the right people on board and we are all dedicated to becoming the go-to market for autonomous systems trials and pilots.”

The company says it has created an insurance solution for the design, development, testing and implementation of autonomous technology.

The centre of excellence will provide guidance and support to XL Catlin underwriters, brokers and clients, and combines expertise from around the world in analytics, underwriting and claims and risk engineering.

“Many companies have started incorporating autonomous technologies into their operations, in one form or another, be it to move merchandise within a factory or a warehouse or to shuttle staff from a site to another,” Global Chief Underwriting Officer Nancy Bewlay said.

“While there are no two similar uses of autonomy and each requires a tailor-made approach, there is a real need for a structured solution spanning our expertise across multiple classes of insurance.”