Overhaul and Navium launch insurance for AI infrastructure cargo

Overhaul and Navium have turned AI hardware shipments into a specialty insurance product, layering real-time cargo monitoring onto Lloyd’s-backed underwriting and capping transit coverage at $75 million. The Helix Consortium is being pitched as the first insurance solution built specifically for AI infrastructure cargo, aimed at data-server shipments and other high-value components moving through global supply chains.

The launch was announced in Austin, Texas, on June 1, 2026. Overhaul said the program responds to a new cargo risk class created by the rapid build-out of global AI infrastructure, where GPUs, servers and other mission-critical equipment have become attractive targets for theft and highly sensitive to delay or loss in transit.

Helix combines Overhaul’s real-time cargo risk management platform with Lloyd’s of London underwriting capacity, with Navium providing the specialist cargo insurance layer. The companies said the structure is designed to handle coverage in a single agreement party, a practical detail that matters when shipments are expensive, time-sensitive and often moving through multiple modes and jurisdictions. Overhaul described the platform as bringing together cargo risk management technology, Navium and Lloyd’s, the world’s leading cargo insurance market.

Capacity for the program comes from The Fidelis Partnership’s Syndicates 3123 and 2126, with 10 other Lloyd’s syndicates expected to follow. That syndicate structure matters as much as the headline limit: it shows how niche technology risks are increasingly being spread across multiple markets rather than underwritten as a one-off experiment.

The timing is hard to ignore. Verisk CargoNet estimated in January 2026 that cargo-theft losses reached nearly $725 million in 2025, up 60% from 2024, as organized criminal groups focused more heavily on high-value freight. In April 2026, TT Club and BSI Consulting warned that cargo crime had become more sophisticated across road, rail, sea and digital channels. Against that backdrop, insurers are being pushed to ask not just what is in the box, but where it is, how it is moving and whether the control stack around it can be verified in real time.

Helix is also a sign that this model is becoming repeatable. Navium launched the Constellation Consortium on December 9, 2025, for pre-launch satellite risks, using roughly the same playbook and a combined $75 million limit. For specialty insurance, that is the bigger story: software, telemetry and underwriting capacity are being stitched together fast enough to chase entirely new classes of cargo before the market has settled on standard terms.