Marsh Risk has launched Nimbus Casualty, a new excess liability insurance facility for the construction phase of U.S.-based digital infrastructure projects.
The facility provides up to $75 million in excess general liability capacity with a minimum attachment point of $25 million and is backed by A+ rated insurers in the Lloyd’s and London markets. Coverage follows form across a client’s excess casualty program using Marsh Risk’s proprietary XSellence wording.
Nimbus Casualty complements Marsh Risk’s existing Nimbus construction facility, which offers up to $2.7 billion in limits for large-scale data center projects, including construction all risks, delay in start up, property damage, and business interruption coverage.
“The US casualty market presents increasing complexity and challenges, especially for digital infrastructure clients managing large-scale, high-value projects with long-term liability exposures. With Nimbus Casualty, we combine Marsh Risk’s market-leading construction expertise with our market-leading excess casualty form to provide clients with the advice and coverage certainty they need to efficiently safeguard their digital infrastructure investments.” – Paul Woodward, Head of Casualty, Marsh Risk International Placement.