FM Introduces Intellium Program to Tackle Modern Data Center Risks and Power Needs
FM Launches Intellium Program
Commercial property insurer FM is stepping up its game with the introduction of the FM Intellium program. This groundbreaking initiative is designed to assist clients as they navigate the increasingly complex world shaped by advancements in artificial intelligence (AI) and the booming demand for cloud computing solutions. The program seeks to address the escalating needs for power generation and data centers that are emerging alongside these technological innovations.
As AI and other sophisticated technologies rapidly evolve, we are witnessing a significant upsurge in data center construction. According to recent analyses from ResearchAndMarkets.com, the North American data center market is projected to experience a compound annual growth rate of 8.1% through 2030. Consequently, this expansion calls for a greater focus on power generation infrastructure to keep pace with demand.
FM has established itself in the data center insurance landscape for over 25 years, currently protecting approximately 1,100 data centers with an impressive insurable value totaling around $250 billion. With the unveiling of the FM Intellium program, the company is reinforcing its position as a key player in the sector, particularly during a time when operational reliability and loss prevention are crucial.
To maintain its competitive edge, FM is heavily investing in loss prevention engineering and strategic research. Part of this initiative includes the establishment of a virtual unit that provides expert resources on demand, ready to address client inquiries from anywhere around the globe. Its robust engineering capabilities enable FM to integrate risk management solutions for all associated power and infrastructure projects, addressing operational dependencies before and during construction.
Randy Hodge, COO of FM, emphasized the necessity for data centers to achieve absolute operational confidence amid the shift toward cloud computing and AI. He stated, “FM possesses the expertise needed to bolster resilience and prevent losses for an increasing number of clients in these essential industries. Our aim is to leverage our research and engineering prowess to aid our clients and the broader market in addressing the evolving challenges posed by these technologies.”
In the wake of its commitment to the data center sector, FM’s engineers dedicate around 30,000 hours annually collaborating with leading data center enterprises. The company is also at the forefront of researching reliability factors pertaining to data centers, focusing on critical areas such as power access, cooling systems, and lithium-ion battery solutions.
FM's capacity to identify unique risks specific to data centers equips them with solutions that address hazards related to site selection, cooling, power needs, and equipment protection. The support provided through the Intellium program is poised to enhance how FM partners with clients to navigate the significant challenges facing the data center industry today.
About FM
Founded nearly two centuries ago, FM is a leading mutual insurance group focusing on property risk management and the resilience of its policyholder-owners. Representing many of the world's largest organizations—including one in four Fortune 500 companies—FM collaborates closely with its policyholders to ensure property loss prevention and effective risk management decisions.
Commercial property insurer FM is stepping up its game with the introduction of the FM Intellium program. This groundbreaking initiative is designed to assist clients as they navigate the increasingly complex world shaped by advancements in artificial intelligence (AI) and the booming demand for cloud computing solutions. The program seeks to address the escalating needs for power generation and data centers that are emerging alongside these technological innovations.
As AI and other sophisticated technologies rapidly evolve, we are witnessing a significant upsurge in data center construction. According to recent analyses from ResearchAndMarkets.com, the North American data center market is projected to experience a compound annual growth rate of 8.1% through 2030. Consequently, this expansion calls for a greater focus on power generation infrastructure to keep pace with demand.
FM has established itself in the data center insurance landscape for over 25 years, currently protecting approximately 1,100 data centers with an impressive insurable value totaling around $250 billion. With the unveiling of the FM Intellium program, the company is reinforcing its position as a key player in the sector, particularly during a time when operational reliability and loss prevention are crucial.
To maintain its competitive edge, FM is heavily investing in loss prevention engineering and strategic research. Part of this initiative includes the establishment of a virtual unit that provides expert resources on demand, ready to address client inquiries from anywhere around the globe. Its robust engineering capabilities enable FM to integrate risk management solutions for all associated power and infrastructure projects, addressing operational dependencies before and during construction.
Randy Hodge, COO of FM, emphasized the necessity for data centers to achieve absolute operational confidence amid the shift toward cloud computing and AI. He stated, “FM possesses the expertise needed to bolster resilience and prevent losses for an increasing number of clients in these essential industries. Our aim is to leverage our research and engineering prowess to aid our clients and the broader market in addressing the evolving challenges posed by these technologies.”
In the wake of its commitment to the data center sector, FM’s engineers dedicate around 30,000 hours annually collaborating with leading data center enterprises. The company is also at the forefront of researching reliability factors pertaining to data centers, focusing on critical areas such as power access, cooling systems, and lithium-ion battery solutions.
FM's capacity to identify unique risks specific to data centers equips them with solutions that address hazards related to site selection, cooling, power needs, and equipment protection. The support provided through the Intellium program is poised to enhance how FM partners with clients to navigate the significant challenges facing the data center industry today.
About FM
Founded nearly two centuries ago, FM is a leading mutual insurance group focusing on property risk management and the resilience of its policyholder-owners. Representing many of the world's largest organizations—including one in four Fortune 500 companies—FM collaborates closely with its policyholders to ensure property loss prevention and effective risk management decisions.
Topics Business Technology）
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