Skip to content

Dedicated insurance product debuts in US to cover data center construction suspensions

Bloomberg reported on October 20 that New York-based insurance technology company Arbol launched Data Center Regulatory Moratorium Cover for data center developers and investors. The product covers regulatory risks from local government bans or suspensions of construction, as opposition to

Share:
Dedicated insurance product debuts in US to cover data center construction suspensions
Photo: www.impacton.net

As opposition to AI data center construction spreads among local residents in the United States, an insurance product has emerged to cover losses caused by government orders suspending construction.

Whereas conventional construction insurance covers physical damage from events such as fires and natural disasters, this product insures the regulatory risk itself when local governments temporarily ban or suspend data center construction.

According to Bloomberg on October 20, New York-based insurance technology company Arbol launched Data Center Regulatory Moratorium Cover for data center developers and investors.


Original Korean article: Impact On

English brief by Korea Wind Intelligence, koreawindintel.com

Found this useful?

Share this article with your network.

Tags: