2026-07-30 · Source: Insurance Business UK
Summary in 3 Points • Lockton's new practice aims to address risks in digital infrastructure, including hyperscale campuses and power-related infrastructure. • The practice offers a fully independent model, providing objective advice across the full lifecycle of data centre projects. • Insurance premiums for data centre construction and operations are projected to reach US$10 billion by 2026. --- Lockton launches global Data Centres & Digital Infrastructure Practice. The brokerage's new global practice arrives as insurers race to keep pace with soaring project values and constrained capacity. For the London Insurance Market, this development is particularly relevant to the property and construction insurance sectors. Lloyd's syndicates and other London underwriters should consider how this may affect risk assessment, portfolio management, and commercial insurance operations, especially given the increasing demand for coverage in the data centre space. Risk managers and claims teams should monitor further developments and evaluate any potential impact on existing exposures and coverage terms. This type of industry activity often signals shifts that can influence pricing, capacity, and strategic decision-making across the insurance value chain.
For the London Insurance Market, this development is particularly relevant to the property and construction insurance sectors. Lloyd's syndicates and other London underwriters should consider how this may affect risk assessment, portfolio management, and commercial insurance operations, especially given the increasing demand for coverage in the data centre space.