Panacea Digital

Construction All Risks (CAR) / Erection All Risks (EAR)

• Covers damage to works, plant, equipment, and materials during construction.
• Includes testing and commissioning.

Delay in Start-Up (DSU) / Advanced Loss of Profits (ALOP)

• Covers lost revenue/profit if project completion is delayed by an insured event (e.g., fire during construction).

Third-Party Liability (Public Liability during construction)

• Covers injury or property damage to third parties arising from construction activities.

Contractors’ Plant & Equipment Insurance

• Covers owned or hired-in construction equipment.

Professional Indemnity (PI) / Errors & Omissions for Design

• For architects, engineers, and designers involved; often required under design-build contracts.

Environmental Liability (during construction)

• Covers pollution/contamination caused by construction works.

Property Damage / All‑Risks Insurance

Covers the data centre building, fit-out, MEP plant, and IT equipment (e.g., COUs and GPUs if owned). Can include accidental damage, fire, flood, and natural catastrophe.

Business Interruption (BI)

• Covers loss of revenue and extra expense if operations are disrupted due to insured property damage.
• Can be extended for service interruption from utilities (power, telecoms, water).

Machinery Breakdown / Equipment Breakdown

• Covers failure of critical MEP infrastructure: UPS, chillers, transformers, generators.

General Liability (Public Liability)

• Protects against third‑party claims for bodily injury or property damage.

Product Liability (if providing services/equipment to clients)

• Covers liability arising from supplied services or hardware.

Professional Indemnity / Technology Errors & Omissions

• Coverage for claims from customers for failure of data centre services (e.g., downtime due to negligence).

Cyber Insurance

• Covers breaches of customer or internal data, and ransomware.
• Network business interruption due to cyberattacks.

Environmental Liability (Operational)

• For pollution or hazardous material leaks (e.g., diesel spills from backup generators).

Workers’ Compensation / Employer’s Liability

• Mandatory in most jurisdictions for staff injury/illness.

Directors & Officers (D&O) Liability

• Covers board and management against claims of mismanagement, breach of duty, etc.

Crime / Fidelity Insurance

• Covers internal/external fraud, employee dishonesty, theft of money/securities.

Terrorism & Political Risk Insurance

• For sites in sensitive locations or where investors/lenders require coverage.

Service Level Agreement (SLA) Liability Cover

• Tailored insurance for failure to meet uptime guarantees.

Supply Chain / Contingent BI Insurance

• Protects against outages at key suppliers (e.g., utility, telecom carrier).

Parametric Covers

• Indexed products for earthquake, storm, or outage risk.

Insurance for Client Equipment (optional)

• For colocation customers who want the operator to cover their racks/servers.