FM unveils virtual program for AI and data center risk
By Rebecca Delaney
May 7 - (The Insurer) - Commercial property insurer FM has launched the FM Intellium program to help clients understand the risks associated with the recent boom in AI technologies and cloud computing.
These technological innovations require data centers and subsequent power generation, with FM citing projections from ResearchAndMarkets.com that data center construction in North America will increase at a compound annual growth rate of 8.1% through 2030.
FM Intellium is a virtual on-demand resource unit that includes subject matter expert resources globally.
It also enables FM to integrate data risk with related power and infrastructure projects to offer solutions for all engineering interdependencies.
FM's portfolio currently includes around 1,100 data centers representing $250 billion of insurable value.
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