GlobalData
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Marsh, the insurance broker and risk advisor under Marsh McLennan, has launched Data Centre Insurance and Risk Management Services.
The new offering is designed to tackle the distinct challenges faced by data centre operators and related sectors including construction, real estate and technology, the company said.
It provides tailored risk management and insurance solutions for clients worldwide, supporting the entire life cycle of data centre operations to protect critical assets.
It includes insurance for property damage, business interruption and physical cyber incidents caused by cyber events.
In addition, Marsh provides risk assessment services to help data centres identify vulnerabilities and develop strategies to reduce potential losses.
Marsh UK technology growth leader Sam Tiltman said: “As demand for hyperscale data centres and scalable infrastructure continues to grow – especially with the rise of data-intensive technologies like AI – Marsh is uniquely positioned to support clients with the risk and insurance solutions and guidance needed at every stage.
“By leveraging our deep industry expertise and global resources, we empower data centre developers, operators and owners to protect their investments and enhance their resilience against emerging threats.”
Last month, Marsh introduced CyberShore Bermuda, an excess cyber insurance facility providing up to $30m in coverage.
This facility is designed to attach at limits above $75m and includes the option for clients to secure coverage for fines and penalties.
Marsh is part of Marsh McLennan, which offers insurance and risk advisory services in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman.
"Marsh launches data centre insurance and risk management services " was originally created and published by Life Insurance International, a GlobalData owned brand.
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