JALURI 17,456 SUMMARIES / 50 SOURCES
SEARCH LAST PASS 10:28 ATOM

SLA Insurance offers financing perks for data centres

Parametrix has introduced a unique insurance product for data centres, covering SLA commitments and offering immediate compensation for defaults, thus improving credit ratings and financing options.

MAIN POINTS
  1. Parametrix's new insurance product targets data centres' SLA commitments.
  2. Immediate financial compensation is provided for SLA defaults.
  3. The insurance is underwritten at Lloyd’s of London.
  4. Data centres can achieve better credit ratings and financing.
TAKEAWAYS
  1. Innovative insurance reduces risk exposure for data centres.
  2. Enhanced credit ratings can lead to improved financing opportunities.
  3. Lloyd’s of London underwrites the SLA insurance.
  4. Immediate compensation aids in maintaining financial stability.
READ THE ORIGINAL