Why data centres are the next big thing for the insurance market

Demand for the data centres that power AI infrastructure is set to skyrocket. Already some of the biggest tech firms have set aside billions for the construction of new facilities, with analysts estimating nearly $7trn will be spent on data centres by 2030. Demand for data centre construction could drive more than $10bn in new premiums in 2026, according to Aon. The Insurance Day podcast speaks to Ed Croxford, senior construction underwriter at Allianz, to find out more about the opportunities for the market.