Aon reportedly targets $10 billion insurance capacity for operational data centers

Aon is reportedly targeting $10 billion in capacity for a new operational property insurance facility connected to its Data Center Lifecycle Insurance Program (DCLP).

In July, Aon announced an expansion of DCLP that added $5 billion in program capacity and broadened its integrated risk solutions. The multiline facility is intended to address risk management throughout the data center lifecycle, including construction, cargo, cyber, and operational exposures under a single program.

According to The Insurer, citing unnamed sources, Aon is launching the Operational Property Data Center Lifecycle Program. The facility is designed for projects moving out of Aon’s existing construction program and into service, while also providing coverage for established operational data centers.

The proposed coverage would apply to owners and operators of core and shell assets, as well as infrastructure equipment. It would also extend to tenants insuring their own GPUs and other computing assets.

Aon said its DCLP expansion was driven by rising demand for insurance solutions linked to increased investment in AI, cloud computing, and hyperscale data centers. The insurance industry has expanded cautiously alongside the data center sector, partly because of concerns about risk concentration and overbuilding.

Recent announcements indicate that insurers are developing larger, more specialized facilities for the data center and digital infrastructure markets. Last month, Marsh launched Stratus, an insurance facility offering up to $10 billion in property coverage for digital infrastructure projects, including data centers and related critical support systems.

Like Aon’s planned operational facility, Stratus is intended to extend coverage from the construction phase into operations. Marsh also offers Nimbus, a construction-phase insurance facility.

Joe Macejak, US property digital infrastructure leader at Marsh Risk, said Stratus was created in response to the transition of large digital infrastructure assets from construction to operation. He described operational risks as “larger and more complex” than construction risks.

Macejak said Stratus combines Marsh’s engineering data and analytics, risk consulting capabilities, and access to global reinsurance and capital markets to support operational property insurance placements for digital infrastructure projects.