Aon has increased capacity in its Data Center Lifecycle Insurance Programme (DCLP) to $5bn (£3.72bn), extending risk solutions for digital infrastructure assets from development to long-term operations.
According to Aon, the expansion comes amid increasing investment in AI, cloud computing and hyperscale data centres, which is driving demand for insurance solutions for larger, more complex and more capital-intensive projects through their life cycle.
Aon risk capital CEO Joe Peiser said: “As clients build larger and more complex data centre portfolios, they need access to greater insurance capacity alongside solutions that strengthen resilience throughout the asset life cycle.
“Expanding DCLP to $5bn demonstrates our ability to help clients access capital, manage risk and scale with confidence.”
The company said the enlarged programme reflects its “Reliable by Design” approach to digital infrastructure and takes DCLP beyond conventional insurance placement.
Aon said the model combines insurance capacity, engineering expertise and risk intelligence earlier in the development process.
It said this is intended to help clients reduce transition risk, improve resilience and create digital infrastructure assets that are bankable and insurable at scale.
Under the expanded programme, the DCLP now offers up to $5bn in construction all risks, delay in start-up, and property damage and business interruption cover.
It also provides broader liability, cyber and project cargo protection, including up to $200m in third-party liability outside the US, $100m within the US, $400m in cyber and technology errors and omissions cover, and $500m in project cargo cover.
The programme includes up to $1bn of terrorism capacity through existing Aon facilities.
Aon said the DCLP also now includes broader life cycle risk, resilience and advisory services through Aon Global Risk Consulting.
These include climate risk advisory, environmental risk solutions, operational resilience expertise, owners protective professional indemnity, risk engineering and security risk consulting, covering clients across the asset life cycle.
In April, Aon increased the size of the DCLP by $1bn, taking the scheme’s total capacity to $3.5bn.
That change also broadened the programme so it covers existing data centres after their first year of operation.
“Aon expands Data Center Lifecycle Insurance Programme to $5bn” was originally created and published by Life Insurance International, a GlobalData owned brand.
