Data Center Insurance and Risk Management

We can help you:

• Procure the right equipment early, so it’s in place when you need it and meets insurers’ requirements
• Source data center talent with specialist support to attract the right skills and set the right incentives to deliver your project
• Choose the right energy supply, from solar farms to small-scale nuclear reactors, our energy specialists can clarify the option that suits your needs
• Minimize aggregated risk on sites featuring data center clusters
• Fulfil lender requirements and offer investor assurance by demonstrating you’re managing complex risks, meeting their due diligence requirements
• Reduce risks and optimize mitigations with risk engineers, advising on choice of materials to fire, flood defenses and more
• Identify natural catastrophe and climate-related risks that could lead to downtime with a combination of industry and climate risk experts and advanced analytics
• Manage fire risks from choosing green materials with advice on how to integrate them safely into your plans.

We can help you:

• Manage off-site construction with advice on fabricating components, plus  transporting and storing them safely so your insurance covers them
• Mitigate engineering risks with risk engineering expertise to assess hazards and recommend improvements to minimize potential losses and support better insurance outcomes
• Model and quantify the financial impacts of loss scenarios at each stage of your project, so you can make more efficient decisions on insurance limits
• Negotiate optimal insurance terms and competitive pricing on builders' all-risk and owner-controlled (OCIP) policies and integrate workers’ compensation, pollution liability and owners' professional indemnity into your program
• Ensure consistent cover with our global reach and local presence so all your policies operate in the same way with the same terms wherever you build, helping you progress at pace
• Support and verify your claims, negotiate with underwriters and actuaries, and secure prompt payment with support from our claims specialists.

We can help you:

• Manage the insurance transition to operating, preventing breaks in core property and casualty cover, while adapting your insurance program to include emerging operational risks
• Smooth the day-to-day challenges from switching to operating with support from your senior single point of contact
• Model and quantify the financial impacts of loss scenarios at operational phase, so you can make more analytical informed decisions on insurance limits and risk mitigation spend and return
• Review and update your property and business interruption risks and policies to avoid unexpected exposures or over-insurance
• Mitigate operational risks with continued access to risk engineers who can advise on how your buildings and equipment are performing against risk factors once operational
• Specialized engineering advice on Nat Cat and Climate risks by our expert engineers to mitigate against potential earthquakes, hurricanes or floods as well as evaluate the impact of chronic hazards such as drought, temperature and heat to your operations (i.e. cooling system, water scarcity, utilities impact etc.) now and in the future.
• Manage cyber risks with specialist consulting and analytics on emerging threats and the most effective and efficient cyber security controls and cyber insurance for your operational data center.
• Assess alternative forms of insurance with using parametric solutions for outages or helping you assess reputational impact.