Aon is rapidly expanding its Data Center Lifecycle Insurance Program, a product that emerged in mid-2025 and has already seen substantial capacity increases. Initially launched with a capacity of $1.5 billion, it saw an increase to $2.5 billion in January 2026 and reached $3.5 billion by April of the same year.
How has Aon's Data Center Lifecycle Insurance Program evolved?
This program, known as DCLP, addresses the unique challenges faced by data center developers. Historically, insuring a hyperscale data center required combining multiple separate policies—each offering coverage for construction, operational risk, business interruption, and cyber threats. This fragmented approach often led to inconsistencies and gaps.
DCLP simplifies this process by offering a single, integrated policy that covers the entire lifecycle of a data center, starting from the construction phase all the way through to full operational capacity. Coverage includes various elements such as Construction All Risks, Delay in Startup, operational property damage, business interruption, and cyber risks, with certain limits reaching up to $400 million per facility.
Why does this expansion matter for investors?
Data centers represent a distinct type of asset. They merge the risks associated with major construction projects with the complexities inherent in technology operations, all while facing significant cyber exposure. As demand surges for cloud computing and AI-driven data center infrastructure, Aon’s DCLP expansion is timely and reflects ongoing industry trends. This context is essential for investors to understand as the infrastructure demands grow, highlighting the importance of adequate risk coverage and the strategic responses from major insurance providers like Aon.