Aon Expands Data Center Insurance Offering With $5bn Capacity Increase

Aon has expanded its Data Center Lifecycle Insurance Program (DCLP), adding $5 billion in capacity and broader risk solutions for data center developers and operators. The multi-line insurance program covers construction, cargo, cyber, and operational risks across the data center lifecycle. The expanded offering provides up to $5 billion in construction all-risks, delay in start-up, property damage, and business interruption coverage.

Aon’s expanded DCLP adds new risk and advisory services, including climate, environmental, security, and operational resilience solutions. The program now offers up to $200 million in third-party liability coverage outside the US, $100 million in the US, $400 million in cyber coverage, $500 million in project cargo coverage, and up to $1 billion in terrorism capacity. Aon said the expansion reflects growing demand driven by investment in AI, cloud computing, and hyperscale data centers.

"Digital infrastructure has become one of the most important and capital-intensive asset classes in the global economy," said Joe Peiser, CEO of Risk Capital for Aon. "As clients build larger and more complex data center portfolios, they need access to greater insurance capacity alongside solutions that strengthen resilience throughout the asset lifecycle. Expanding DCLP to $5 billion demonstrates our ability to help clients access capital, manage risk and scale with confidence."

The insurance industry has struggled to keep pace with rapid data center growth, as AI infrastructure investment drives demand for coverage. Concerns over concentration risk and potential overbuilding have made insurers cautious about expanding capacity. S&P Global Ratings estimates the data center sector’s insurable asset base exceeds $2 trillion and could double within six years.