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Marsh eyes booming data centre market

Marsh has launched a risk management and insurance broking service for data centre operators.  

The global intermediary says the offering comes as demand for data storage and processing grows, with the industry expected to be worth $US792 billion ($1.21 trillion) by 2032.  

Marsh will offer a suite of products tailored for data centres, covering property damage, business interruption, cyber and more.  

“As demand for hyperscale data centres and scalable infrastructure continues to grow – especially with the rise of data-intensive technologies like AI – [we are] uniquely positioned to support clients with the risk and insurance solutions and guidance needed at every stage,” Marsh UK technology growth leader Sam Tiltman said.  

“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.”