2026-11-02 · Source: Insurance Business US
Summary in 3 Points • The rush to build AI infrastructure is exposing a gap in cargo coverage for critical equipment. • CBRE reported a record 7,481.1 megawatts of data center capacity under construction in the first half of 2026. • Marsh's marine teams are collaborating with property colleagues to secure capacity for storage exposures. --- The rapid expansion of AI infrastructure is revealing vulnerabilities in cargo insurance, particularly regarding the replacement costs of critical equipment. Developers are facing significant financial risks if shipments are damaged, as replacement lead times can extend for years, impacting project timelines and financial commitments. With 7,481.1 megawatts of data center capacity under construction, the demand for delay in start-up (DSU) coverage is increasing, necessitating earlier discussions between clients and insurers to ensure adequate coverage. As businesses adapt to supply chain uncertainties, they are ordering equipment earlier and in bulk, which raises logistical exposures. Marsh's marine teams are proactively working with property colleagues to address these storage risks. The interplay between cheaper coverage options and the complexities of claims management is prompting clients to reconsider their insurance strategies, balancing cost with long-term risk management. This evolving approach may lead to a shift in how cargo coverage is structured, particularly in the context of large-scale data center projects. The rush to build AI infrastructure is exposing a gap in cargo coverage for critical equipment, impacting the marine insurance sector.
The rush to build AI infrastructure is exposing a gap in cargo coverage for critical equipment, impacting the marine insurance sector.