#USA #Kansas City #Data Centers #Digital Infrastructure #Lockton

Lockton Introduces Global Data Centers & Digital Infrastructure Practice

Lockton, the largest independent insurance brokerage, has recently announced a significant initiative aimed at enhancing risk management for organizations dealing with data centers and digital infrastructure. This new practice, known as the "Data Centers & Digital Infrastructure Practice," promises to equip clients with integral solutions to handle the intricate risks associated with managing and operating these essential technological hubs.

Key Elements of the New Practice

Founded on Lockton's extensive experience in the domain of risk management for complex digital infrastructures, this service specifically targets the evolving landscape shaped by ever-increasing data demands and technological advancements. According to Tim Ryan, Lockton’s president in the United States, the infrastructure behind data centers is pivotal to the operations of contemporary businesses. Thus, navigating the interconnected risks within this landscape is crucial for organizations today.

Apart from offering strategic risk management, Lockton’s new practice integrates key components such as data analytics, technical expertise, and market knowledge. This unique advisory model is tailored not only for data center owners and operators but also for real estate developers, investors, hyperscale computing firms, and technology providers. By providing an end-to-end consultation beginning from project planning to risk management during ongoing operations, they ensure a thorough approach to risk mitigation.

Services and Solutions Offered

Lockton’s new division is designed to adapt to the specific needs of various clients, offering a range of innovative products and bespoke solutions. Areas of coverage include:

• - Construction and Real Estate Risks: Ensuring that the dynamics of construction and property management are addressed effectively.
• - Cybersecurity: Protecting infrastructures from growing cyber threats.
• - Environmental Risks: Solutions tailored to comply with regulations and mitigate environmental hazards.
• - Professional Liability: Safeguarding businesses against claims related to their professional services.

The firm emphasizes that, with the rapid progression of digital infrastructure globally, tailored solutions are essential for meeting the diverse needs of organizations within this realm. As stated by Chris Brown, CEO of Lockton International, their independent model allows them to draw from a vast pool of expertise, helping craft customized solutions that extend beyond conventional insurance placements.

Leadership and Approach

Heading the new practice in the U.S. is James Nelson, supported by Sam Baker in the U.K. Both leaders bring extensive experience in risk management consulting, ensuring that the practice aligns seamlessly with Lockton’s global strategy. Nelson possesses a rich background in complex risk management scenarios, having previously held significant roles in various firms including Eldin Risk and Marsh. Baker, with over a decade at Lockton, has been instrumental in devising innovative insurance solutions adapted for the data center sector.

Overall, Lockton’s Data Centers & Digital Infrastructure Practice seeks to support organizations in bolstering the resilience and reliability of their crucial infrastructures. By addressing risks proactively, their clients can focus more on growth and innovation rather than being bogged down by complexities.

To find out more about how Lockton can empower your organization in the field of data and digital infrastructure, visit their official site at www.lockton.com.