Insurance broker Marsh has announced the launch of its Data Centre Insurance and Risk Management Services, to support global clients across data centre and digital infrastructure lifecycle to safeguard critical assets.
This new offering has been designed to address the unique challenges faced by data centre operators and related sectors, including construction, real estate and technology.
With the data centre market projected to reach $792bn by 2032, up from $328bn in 2023, the growing demand for data storage and processing also brings increased vulnerability to risks like cyber threats, natural disasters and operational disruptions.
Marsh’s new offering combines industry-leading insurance solutions with comprehensive risk management services, ensuring that clients can effectively mitigate these risks while maintaining business continuity.
The service includes a suite of insurance products tailored specifically for data centres, covering standard property damage and business interruption, physical cyber (the real-world effects of cyber events, including damage to data centres, business interruption and other related losses), construction and more.
Marsh also offers risk assessment services to help clients identify vulnerabilities and implement strong risk management strategies to minimise potential losses.
Commenting on the launch, Sam Tiltman, UK Technology Growth Leader, 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.”
