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Ryan Specialty-backed Tera launches specialty coverage for data center hardware
The programme can provide more than $1 billion per policy via a $625 million lead binder, with nationwide availability across all 50 US states.
Ryan Specialty Underwriting Managers, the underwriting management arm of Ryan Specialty, has launched a new managing general underwriter, Tera Underwriters, and it has introduced a specialty insurance programme for computing hardware infrastructure at industrial-scale data centres across the United States.
According to Reinsurance News, the programme has capacity of more than $1 billion per policy through a $625 million lead binder, along with access to additional excess insurance capital.
The coverage is positioned for high-value computing equipment risk profiles that traditional commercial property programmes often do not fully cover, including hardware such as ASICs, GPUs, and related networking infrastructure.
Tera is backed by A+-rated capital and is available exclusively through RT Specialty, Ryan Specialty’s wholesale distributor, with nationwide availability in all 50 states. Reinsurance News also said Ryan Specialty plans to add international capabilities in the fourth quarter of 2026.