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Billion-dollar questions in the data center buildout
Episode 120th May 2026 • Future of Risk • Zurich North America
00:00:00 00:39:32

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This episode of Future of Risk is the first in Zurich U.S. data center podcast miniseries, where we look at the risk management challenges posed by the rapid expansion of data centers fueled by AI, cloud computing and digital transformation.

For the kickoff episode, Wagner speaks with Tobias Cushing, U.S. Head of Construction, and Stephen Penwright, Head of Underwriting for U.S. National Accounts, about how hyperscale data centers are blurring the lines between construction and operations and how these billion‑dollar projects are integrating onsite power generation and testing the limits of insurance capacity.

Cushing and Penwright highlight how data centers can remain a strong, insurable risk by building in resiliency, redundancy and safety from design through operations. This episode provides essential insights for risk managers, construction leaders, insurers and business decision‑makers navigating the expanding data center economy.

Our host for this miniseries is Matt Wagner, a Regional Vice President with Zurich’s Construction business.

Record date: 4/10/26

Air date: 5/20/26

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