Lockton has introduced a global data centres and digital infrastructure practice to help organisations manage risks linked to infrastructure that stores, processes and moves data worldwide.
The insurance brokerage said the consultative service is intended to address digital infrastructure risk across hyperscale campuses, multi-building developments, phased construction programmes, operational portfolios and power-related infrastructure
According to Lockton, the practice brings together risk strategy, analytics, engineering insight and market expertise within a single advisory model. It will cater to developers, hyperscalers, investors, operators, owners and technology providers. Lockton International CEO Chris Brown said: “Lockton’s independent model allows us to bring together global expertise from regions around the world, tailor solutions around each client’s business and deliver advice that extends well beyond traditional insurance placement.” The team will work with clients from project planning through construction, operational launch, portfolio expansion and ongoing risk management.
Lockton said offerings will be “customised” to each client’s requirements, covering products and proprietary solutions across construction and property risk, cyber, environmental risk, errors and omissions, service level agreements and surety. The practice will be led by James Nelson in the US and Sam Baker in the UK, alongside Lockton leaders globally on strategy. Nelson was most recently global head of client engagement at Eldin Risk.