Marsh unveils new service for data centre clients

Marsh has launched a new proposition designed to help clients manage risk across the full lifecycle of their data centre and digital infrastructure projects.

Called Data Centre Insurance and Risk Management Services, the initiative is tailored to support global clients operating in or investing in data centre environments.

The offering combines insurance products – including coverage for property damage, business interruption, construction and physical cyber events – with risk assessment tools and consultancy to help clients identify vulnerabilities and implement mitigation strategies.

According to Marsh, the new proposition aims to address escalating risks associated with the rapid growth of the global data centre market, which is projected to increase in value from $328bn in 2023 to $792bn by 2032.

Risk landscape

The broker said that evolving risk factors, such as cyber attacks, climate-related events, regulation and power supply shortages, created a more complex operating environment for data centre stakeholders – especially given increasing interdependencies across the planning, build and operational phases.

It noted that investment-driven artificial intelligence (AI) adoption, supply chain disruption, construction delays, regulatory localisation and net-zero sustainability challenges were also key megatrends shaping the sector’s risk landscape.

Marsh said its offering is designed to support the data centre market as it becomes more integrated into the broader financial and digital ecosystem.

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.

“We empower data centre developers, operators and owners to protect their investments and enhance their resilience against emerging threats.”