The move follows a wave of new insurance offerings and capacity expansions as the insurance industry targets growing data centre opportunity - and risks.
The facility, backed by over 10 (re)insurers and Lloyd’s syndicates, aims to streamline insurance for large-scale AI projects by combining multiple coverages under one, modular contract.
Underwriting Agencies of Australia has renewed its agreement with QBE, ensuring ongoing capacity for its mobile plant and equipment insurance operations across ANZ.
