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Insurance Insider - Behind the Headlines
Get the inside scoop on the major stories shaping the London Market through discussions with the journalists who broke them with insights from industry professionals on what these developments mean for the (re)insurance sector.
Insurance Insider - Behind the Headlines
Behind the Headlines: Aon’s Joe Peiser on the sheer magnitude of data centre growth
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Are data centres really the biggest growth opportunity the insurance industry has ever seen?
They’ve burst into the spotlight in recent months, but just how material is this new source of business? According to Joe Peiser, Aon’s CEO of Commercial Risk Solutions, data centres represent the single largest opportunity the industry has ever faced.
Speaking on Behind the Headlines, Peiser explains why the sheer scale of these projects — and the insurance limits they demand — is unlike anything the market has seen before. He also makes the case that alternative capital will be essential to sustaining this growth, as traditional insurance capacity alone won’t be enough.
Plus, Insurance Insider editor Fiona Robertson breaks down the latest twists in Zurich’s bid to acquire Beazley.