Aon Boosts Data Centre Life Cycle Insurance to US$3.5bn

Aon is increasing insurance capacity for data centres, expanding its Data Center Lifecycle Insurance Program (DCLP) to US$3.5bn and extending coverage into operational phases.

The additional US$1bn brings broader protection for digital infrastructure as it moves beyond construction and commissioning into long-term use.

The programme now includes existing data centres after their first year of operations, reflecting how facilities evolve from build projects into continuous, mission-critical environments.

As data centres grow in scale and complexity, operators face a wider range of risks – from construction delays and equipment failures to cyber incidents and business interruption.

The expanded programme is designed to provide coordinated coverage across these stages, offering continuity as assets transition into steady-state operation.

Joe Peiser, CEO of Risk Capital at Aon, links the expansion to the increasing role of data centres in the global economy. 

“Data centres have become foundational to innovation, connectivity and economic growth,” he says.

“As these assets grow in size, complexity and importance, resilience must be built from the start. 

“By expanding our Data Center Lifecycle Insurance Program and extending coverage to operating data centres, Aon is helping clients anticipate risk, protect critical assets and invest in digital infrastructure with greater confidence.”

Extending coverage across the lifecycle

The DCLP launched in June 2025 as a multi-line solution covering the full range of risks associated with data centre development and operation.

The latest update extends this approach, ensuring that insurance coverage does not end once a facility becomes operational.

This lifecycle model aligns with how data centres are financed and managed.

Large-scale facilities often require long-term investment and predictable risk management frameworks to support funding and operational planning.

By integrating construction, operational and cyber coverage into a single programme, Aon aims to simplify how operators manage exposure.

This includes protection against physical damage, delay in start-up (DSU) and business interruption once facilities are live.

Cyber risk is also a central component. As data centres underpin cloud platforms and enterprise systems, exposure to ransomware and other digital threats increases.

The programme includes cyber and technology errors and omissions (E&O) coverage, addressing both direct and indirect impacts on operations.

Supporting large-scale infrastructure investment

The expanded programme reflects the growing capital intensity of data centre projects.

Facilities are becoming larger, more complex and more expensive to build and operate, particularly as AI and high-performance computing workloads drive demand for high-density infrastructure.

To support this, DCLP offers up to US$3.5bn in coverage across construction and operational risks.

Cyber and technology coverage extends up to US$400m, while third-party liability reaches US$200m globally.

Additional elements include project cargo and transport insurance of up to US$500m, ensuring that equipment and components are protected during delivery and installation.

Aon also provides risk engineering and cyber impact modelling through its Global Risk Consulting team.

These services use data analysis to assess potential vulnerabilities and quantify the financial impact of different risk scenarios.

The programme is backed by a global panel of insurers rated A or higher, including participants from Lloyd’s and company markets.

This structure enables Aon to aggregate capacity from multiple providers, offering large-scale coverage suited to hyperscale and enterprise data centre projects.

Through its integrated Risk Capital model, Aon combines insurance capacity with analytics and advisory services.

This approach is designed to help operators manage risk across the entire lifecycle of a data centre – from initial development through to long-term operation – while supporting investment decisions in a sector defined by rapid growth and increasing complexity.