Marsh has launched data centre insurance and risk management services, designed to provide support to data centre operators and related sectors, including construction, real estate and technology. The broker says the new offer will provide risk management and insurance solutions for clients globally throughout the lifecycle of data centre operations, to safeguard critical assets.
Demand for data storage and processing continues to surge, with the global value of the data centre market projected to hit US$792bn by 2032, up from US$328bn in 2023. This growth makes data centres increasingly vulnerable to a range of risks, including cyber threats, natural disasters and operational disruptions.
The service includes a suite of insurance products tailored specifically for data centres, covering standard property damage and business interruption, physical cyber (including damage to data centres, business interruption and other related losses), and construction among others. Marsh also provides risk assessment services, helping clients identify vulnerabilities and implement risk management strategies to minimise potential losses.
Sam Tiltman, UK technology growth leader at Marsh, 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.”
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