Marsh and Apollo’s ibott develop first-of-its kind insurance facility for Uber to accelerate autonomous ride-hailing

Marsh and Apollo’s ibott develop first-of-its kind insurance facility for Uber to accelerate autonomous ride-hailing

Marsh and Apollo’s ibott develop first-of-its kind insurance facility for Uber to accelerate autonomous ride-hailing 1920 1080 Apollo Group

NEW YORK, March 12, 2026 ­─­ Marsh Risk, a business of Marsh (NYSE: MRSH) and the world’s leading insurance broker and risk advisor, and Apollo, a Skyward Group Company (Nasdaq: SKWD) and a leading specialty insurer, today announced the creation of a first-of-its-kind insurance facility for Uber Technologies Inc. (NYSE: UBER), to accelerate the deployment of autonomous vehicles across Uber’s global platform.

The bespoke Autonomous Vehicle Insurance Program (AVIP) is among Uber’s recently announced Uber Autonomous Solutions designed to support its autonomous vehicle (AV) partners, including developers, fleet operators, vehicle manufacturers/owners, and original equipment manufacturers to quickly and reliably commercialize and scale autonomous ride-hailing and delivery services worldwide.

AVIP is underwritten by Apollo’s ibott® division and exclusively provides Uber with dedicated capacity to provide AV partners with comprehensive primary and excess liability coverage at preferred rates, reflecting their unique safety performance. The AVIP solution wraps coverage for all key participants into a single master policy, eliminating complexities and streamlining coverage across Uber’s AV landscape.

Commenting on the program, Melissa Daly, Autonomous, Mobility, & Platform Risk Practice Leader, Marsh Risk, said: “Marsh is committed to enabling the growth of the autonomous vehicle sector through tailored risk and insurance solutions. Our work with ibott and Uber represents a meaningful step forward in delivering a scalable, cost-effective framework for AV risk management and accelerating the responsible deployment of autonomous technology.”

“We understand the challenges and evolving landscape of the autonomous vehicle space, and we’re excited to offer a comprehensive insurance solution that is exclusively available to our partners”, said Andy Parr, VP of Insurance at Uber. “Uber’s Autonomous Vehicle Insurance Policy is a critical part of a comprehensive suite of unique services and capabilities that is helping partners to build and successfully commercialize autonomous vehicles in multiple markets around the world.”

Chris Moore, President, Apollo ibott – Commercial, said: “Autonomous vehicles demand a fundamentally different approach to risk and insurance. With more than 10 years of proven success in AV risk solutions, ibott is a market leader in designing coverage tailored to this evolving ecosystem. Our collaboration with Marsh and Uber to develop this proprietary program reflects a new underwriting mindset. By consolidating coverage and aligning interests across the value chain, this solution reduces uncertainty and provides the protection required for large-scale deployment.”

 

About Marsh Risk
Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.

About Apollo
Apollo, a Skyward Group Company, is an innovation-inspired insurance platform operating at Lloyd’s of London, offering data-driven and creative solutions to a wide variety of risks. Apollo provides high quality products and services to clients, brokers, and capital partners, enabling a resilient and sustainable world. Apollo offers products across Property, Casualty, Marine, Energy & Transportation, Specialty, Reinsurance, as well as Smart Follow and digital & embedded risk programs. Apollo’s experience and unique ecosystem give Platform Partners the best chance of success through the Lloyd’s new entrant process to the delivery of their long-term strategy. For more information about Apollo, please visit apollounderwriting.com

About Skyward Group
Skyward Group is the holding company brand for its U.S. and Lloyds businesses, Skyward Specialty Insurance Group, Inc.® and Apollo, respectively, delivering a comprehensive suite of specialized insurance solutions across global specialty property and casualty markets. Focused on the specialty industry’s most niche, complex risks of today and the emerging challenges of tomorrow, Skyward Group leverages the forward-looking insight and disciplined execution of each organization to drive sustainable growth and long-term value for its shareholders, distribution partners and other stakeholders. For more information about Skyward Group, Skyward Specialty and Apollo, please visit skywardgroup.com.