Aon: Widening Cover Across the Data Centre Lifecycle

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

The additional US$1bn enhances protection for digital infrastructure, applying advanced risk modelling and analytics as facilities move beyond build and commissioning into long-term service.

The initiative now covers existing data centres after their first year in operation, recognising how these digital ecosystems shift from construction assets to continuous, mission-critical environments.

As data centres scale and interconnect, operators encounter expanding risk profiles – spanning construction delays, hardware failures, cyber threats and operational downtime.

By integrating insurtech solutions across each stage, the expanded programme delivers seamless coverage and continuity as assets transition into steady-state, data-driven operations.

Joe Peiser, CEO of Risk Capital at Aon, says: “Data centres have become foundational to innovation, connectivity and economic growth.

“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

Launched in June 2025, Aon’s DCLP introduced a multi-line insurtech solution addressing the full range of risks tied to data centre design, build, and operation.

Its latest enhancement builds on that foundation, ensuring seamless insurance continuity beyond commissioning so coverage evolves alongside a facility’s operational lifecycle.

This lifecycle approach mirrors the way data centres are financed and managed in today’s digital economy.

Large-scale operations demand sustained investment and data-driven risk frameworks to underpin funding models and long-term resilience planning.

By connecting construction, operational and cyber insurance within a unified insurtech programme, Aon is redefining how operators manage exposure.

Coverage extends to physical damage, delay in start-up (DSU) and business interruption, ensuring facilities remain protected as they move into live operation.

Cyber risk forms a cornerstone of the programme.

As data centres serve as the backbone for cloud and enterprise infrastructure, exposure to ransomware and other evolving digital threats continues to grow.

Aon’s DCLP integrates cyber and technology errors and omissions (E&O) coverage, providing protection against both direct attacks and secondary operational disruptions, reinforcing resilience through advanced insurtech integration.

Supporting large-scale infrastructure investment

The expanded programme reflects the rising capital intensity of data centre development.

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

To meet this need, DCLP provides 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, helping protect equipment and components during delivery and installation.

Aon’s Global Risk Consulting team also supports the programme with risk engineering and cyber impact modelling.

Using data-led analysis, these services help identify vulnerabilities and estimate the financial consequences of different risk scenarios.

The programme is underwritten by a global panel of A-rated insurers, including capacity from both Lloyd’s and company markets.

That setup allows Aon to assemble coverage from multiple providers, creating a scale of protection suited to hyperscale and enterprise data centre developments.

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

The framework is designed to help operators manage risk across the full lifecycle of a data centre, from early-stage development through to long-term operation, while also supporting investment decisions in a fast-growing and increasingly complex sector.