Marsh Risk Unveils Excess Casualty Facility Tailored for US Digital Infrastructure
Marsh Risk, a prominent business unit of broker Marsh, has unveiled Nimbus Casualty, a cutting-edge insurance facility designed to offer clients enhanced excess general liability protection during the construction phase of digital infrastructure projects across the United States.
This innovative facility provides an impressive capacity of up to $75 million, with a minimum attachment point set at $25 million. It is backed by a distinguished panel of Lloyd’s and London insurers. By utilizing Marsh Risk’s proprietary XSellence excess casualty form, Nimbus Casualty ensures follow-form coverage throughout a client’s excess casualty program. This approach not only enhances coverage certainty but also simplifies the claims negotiation process.
The introduction of Nimbus Casualty comes on the heels of Marsh Risk’s recent expansion of its market-leading large-scale data center construction insurance facility, Nimbus. This facility offers up to $2.7 billion in limits, covering traditional construction all-risks, delay in start-up, property damage, and business interruption.
“The U.S. casualty market is becoming increasingly complex and challenging, particularly for digital infrastructure clients who are managing large-scale, high-value projects with long-term liability exposures,” stated Paul Woodward, head of casualty at Marsh Risk international placement. “With Nimbus Casualty, we merge Marsh Risk’s unparalleled construction expertise with our leading excess casualty form to provide clients with the essential advice and coverage certainty they need to effectively protect their digital infrastructure investments.”
Topics
USA
Excess Surplus
Casualty
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Marsh Risk, a prominent business unit of broker Marsh, has unveiled Nimbus Casualty, a cutting-edge insurance facility designed to offer clients enhanced excess general liability protection during the construction phase of digital infrastructure projects across the United States.
This innovative facility provides an impressive capacity of up to $75 million, with a minimum attachment point set at $25 million. It is backed by a distinguished panel of Lloyd’s and London insurers. By utilizing Marsh Risk’s proprietary XSellence excess casualty form, Nimbus Casualty ensures follow-form coverage throughout a client’s excess casualty program. This approach not only enhances coverage certainty but also simplifies the claims negotiation process.
The introduction of Nimbus Casualty comes on the heels of Marsh Risk’s recent expansion of its market-leading large-scale data center construction insurance facility, Nimbus. This facility offers up to $2.7 billion in limits, covering traditional construction all-risks, delay in start-up, property damage, and business interruption.
“The U.S. casualty market is becoming increasingly complex and challenging, particularly for digital infrastructure clients who are managing large-scale, high-value projects with long-term liability exposures,” stated Paul Woodward, head of casualty at Marsh Risk international placement. “With Nimbus Casualty, we merge Marsh Risk’s unparalleled construction expertise with our leading excess casualty form to provide clients with the essential advice and coverage certainty they need to effectively protect their digital infrastructure investments.”
Topics
USA
Excess Surplus
Casualty
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