Navium Marine and cargo risk management firm Overhaul have launched a new insurance consortium focused on the transportation of AI infrastructure.

Navium, which operates through The Fidelis Partnership's Pine Walk platform, will lead the facility with support from TFP's Syndicates 3123 and 2126, and participation from ten other Lloyd's syndicates.

The consortium has been developed to provide insurance cover for data server shipments, which face risks including theft and damage during transit. From 1 June, it will offer transit limits of up to US$75m and storage limits of up to US$25m. Cover will be available globally across ocean, air, rail and road transport.

Under the arrangement, Overhaul will provide real-time shipment monitoring, including alerts for route deviations, unauthorised stops and other potentially suspicious activity. The company also works with law enforcement agencies in the event of cargo theft.

Danielle Basstoe, cargo and specie underwriter at Navium, commented: “We are delighted to be partnering with Overhaul and our fellow Lloyd’s underwriters to deliver this world-first solution for the transportation of data servers. By combining advanced cargo monitoring with specialist underwriting expertise, we are helping create a smarter, more resilient framework for protecting the global AI supply chain. The Helix Consortium represents the very best of the Lloyd’s market. It also demonstrates the power of AI to support the next generation of bespoke solutions to address critical protection gaps.”


Pictured: Apple's Foulum datacentre in Denmark

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