The risks you face in the data centres sector are numerous and complex. Against a backdrop of fast-paced technology change and increasingly stringent regulation, your success depends on meticulous planning, robust risk management, and seamless execution.

You need comprehensive insurance that addresses the full range of risks throughout your asset’s lifecycle. During the development phase, cover should include property damage, construction all risks, delay in start-up, and third-party liability. Once your data centre is operational, you will need cover for equipment breakdown, cyber liability, business interruption, and directors and officers (D&O) liability. It is also crucial to have cover for environmental liabilities, compliance risks, and emerging threats like cyber attacks.

Specialised insurance is vital for your data centre projects because these facilities are high-value, complex assets exposed to a unique blend of risks. These range from physical risks, such as natural disasters and equipment failures, to cyber threats and compliance challenges. Without the right insurance, a single incident could lead to substantial financial losses, legal liabilities, and reputational damage. A bespoke insurance policy safeguards your investment, supports business continuity, and allows you to concentrate on growth without worrying about potential setbacks.

The data centre sector is constantly evolving, with new trends such as artificial intelligence, edge computing, and stricter environmental, social, and governance (ESG) standards. The right insurance policy not only covers traditional risks but also helps you manage these emerging challenges. For instance, you’ll need cover for transitioning to renewable energy sources, meeting ESG compliance, and protecting against advanced cyber threats. Staying ahead with an adaptable insurance policy ensures that your business remains resilient and competitive in a fast-changing environment.

Partnering with Lockton gives you access to a team of specialists who deeply understand the risks faced by data centre developers, operators, and investors. We provide tailored insurance solutions that match your specific needs and risk profile, ensuring you have comprehensive cover that aligns with your business objectives. With our extensive access to global insurance markets, we help you secure the best possible terms, so you can be confident that your assets and operations are fully protected.

By choosing Lockton as your partner, you gain a dedicated team committed to delivering top-tier service and expert advice throughout the insurance process. We take a client-centric and proactive approach, assisting you from risk assessment and policy placement to claims management. With our deep sector knowledge and a global network of partners, we offer innovative insurance solutions tailored to your evolving needs, helping you manage risks effectively while you focus on driving your business forward.