Marsh creates new contract advisory service
Marsh has launched its global digital infrastructure contract advisory group, designed to help clients manage and streamline strategic service contracts throughout the lifecycle of their digital infrastructure assets.
The digital infrastructure ecosystem—including data centres, fibre and wireless networks, AI/cloud platforms, and their service providers—relies on numerous contracts like service-level agreements and power purchase agreements, each with specific insurance and contractual risk-transfer terms. Given the scale of the operations and the evolving technologies they depend on, these contracts can be especially complex. Reviewing and managing them is not only time-consuming but, if not properly managed, can tie up processes and lead to significant financial, legal, and operational risks.
According to Marsh its digital infrastructure contract advisory group eases this burden for clients. Comprised of former contract attorneys, risk managers, and insurance experts, the team delivers comprehensive contract review and negotiation support across the acquisition, construction, and operational phases of digital infrastructure assets. By aligning contractual language with insurance obligations, resolving coverage gaps, and securing best-in-class insurance for potential claims, the team enables clients to safeguard their balance sheets and unlock capital.
Mike Mathews, global digital infrastructure leader, Marsh, said: “Contract reviews demand deep expertise, careful coordination, and significant time investment, making them a complex and often burdensome process for our digital infrastructure clients, many of whom do not have dedicated risk management teams to support the process.
“Our team of experienced contract specialists alleviates this burden for clients, delivering peace of mind while also enabling them to move at pace. It is the latest example of how Marsh is bringing industry-leading value and solutions to clients investing in this dynamic, rapidly evolving industry.”
Earlier this week, Marsh expanded its global Nimbus data centre insurance facility dedicated to large-scale data centre construction. The expansion doubles Nimbus’ capacity to $2.7 billion, inclusive of delay in start-up and business interruption coverage for major data centre construction projects in the UK, US, Canada, Europe, Australia, and New Zealand.
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