Corgi Insurance has announced the launch of a new insurance program built around the entire life of a data center, from construction and commissioning through ongoing operations and the hardware that powers computing workloads, according to a release from PR Newswire.
Rather than requiring data center operators to piece together coverage across multiple policies and carriers, Corgi's program brings key exposures together under a single offering. During construction, it provides builders with risk and delay-in-start-up coverage to help protect against covered losses that delay a facility's planned operations.
Once a data center is operational, Corgi provides coverage for critical property and infrastructure, including power, cooling, and UPS systems, along with business income coverage when a covered loss takes a facility offline. The program also addresses one of the most significant assets inside modern data centers: GPUs. Corgi is introducing residual value protection designed to help protect GPU hardware as a financeable asset, covering the equipment supporting AI and high-performance computing workloads.
The program is designed for colocation operators, GPU cloud and AI compute hosts, enterprise and edge data centers, and the developers building these facilities.
"Data centers are becoming some of the most important infrastructure in the world, but the insurance around them hasn't evolved at the same pace," said Nico Laqua, co-founder of Corgi. "We're building insurance around the entire data center, from the moment construction starts to the hardware running inside it."
Corgi describes itself as an AI-native insurance carrier built for high-growth companies, combining proprietary underwriting technology, in-house claims handling, and modern insurance infrastructure.