Global insurance and reinsurance brokerage group Aon has expanded its proprietary Data Center Lifecycle Insurance Program (DCLP) by $1 billion, or 67%, taking total capacity to $2.5 billion, driven by increased investment in cloud computing, artificial intelligence (AI) and digital infrastructure.
Aon last year launched a proprietary multi-line insurance facility with up to $1.5 billion in coverage designed to support data center projects from construction to ongoing operations.
The updated plan builds on Aon’s broader strategy to expand its digital infrastructure venture capital solutions.
DCLP consolidates traditionally fragmented risk categories into a single coordinated insurance solution. By integrating construction, cyber, freight and operational risks, DCLP can help clients secure capacity at scale, reduce friction and execute projects more efficiently, the broker explained.
The expanded DCLP includes up to $2.5 billion in coverage for all risks of construction, delayed start-up (DSU) and operational property damage/business interruption.
In addition, it covers up to $400 million in cyber, cyber property damage and technical E&O, including DSU (impairment and non-impairment), business interruption and SLA violations.
It also underwrites up to $100 million in third-party liability insurance (excluding U.S. risks), and up to $500 million in project cargo and transportation insurance.
Aon explained: “As data centers become larger, more capital intensive and more complex to operate, the expanded DCLP is designed to support investors, developers and operators. By combining insurance capabilities with risk engineering and analytics, the program can help clients predict risk, demonstrate resilience to stakeholders and support long-term performance.”
Greg Case, president and chief executive officer (CEO) of Aon, commented: “Managing risk throughout the data center life cycle is a strategic imperative – these platforms drive innovation, connectivity and economic growth. As these facilities become increasingly important and complex, building resiliency into their infrastructure is critical to the broader business ecosystem. Aon is committed to helping customers predict risk, enhance operational continuity and invest with confidence in the future of digital infrastructure.”
Joe Peiser, CEO of Aon Commercial Risk, added: “When an outage occurs, the financial and operational consequences can be severe, with ripple effects well beyond individual facilities, impacting customers, supply chains and broader business operations. By extending DCLP’s capacity, we are helping clients manage risk across the entire data center lifecycle, from buildout to steady-state operations, while enabling faster, more certain execution.”