Aon Launched Insurance for Gas Power Projects

The program provides consolidated coverage for gas power assets to address risks during project handovers.

Updated on Sept. 28, 2026 in Data Centers

A massive industrial natural gas power facility with cooling towers and transmission lines beneath a bright blue sky.
Aon has introduced the Power Lifecycle Program, offering $2.5 billion in insurance coverage to streamline gas power project transitions for energy developers. AI Illustration. Upload story photo >

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Aon has launched the Power Lifecycle Program, offering up to US$2.5 billion in insurance coverage for gas power projects. The initiative consolidates construction and operational coverage into a single framework to prevent exposure gaps.

Why it matters

Staged insurance placements frequently create dangerous exposure windows during project phase transitions. This new coordinated approach aims to mitigate these risks as data centers demand more flexible power solutions.

The Power Lifecycle Program provides up to US$2.5 billion in coverage per gas project, including US$100 million in third-party liability for non-US sites. This supports the sector as global data center electricity demand moves toward a projected 950 terawatt-hours by 2030.

The players

Aon

Aon is a leading global professional services firm that provides a range of risk, retirement, and health solutions.

W Denis Group

W Denis Group is an independent insurance broker that expanded its expertise into data center and power assets in 2025.

The details

The program addresses the complexity of modern energy infrastructure, where electricity consumption from data centers grew by nearly 20 percent in 2025. By unifying insurance across the entire lifecycle, developers can minimize downtime costs, which currently reach US$9,000 per minute for AI clusters.

Timeline

  1. July 2025: W Denis Group launched a specialist data centre and power asset division.

  2. 2025: Data centre electricity consumption grew by nearly 20 percent.

  3. H1 2026: Power and renewables insurance rates trended downward.

  4. July 2026: Aon expanded its Data Center Lifecycle Insurance Program capacity to US$5 billion.

  5. September 28, 2026: Aon launched the Power Lifecycle Program.

The Tech Race

This program positions insurance services to match the rapid expansion of AI infrastructure that saw 72 percent of data center investment come from private equity in 2025. It marks a shift from fragmented coverage toward the comprehensive, lifecycle-focused protection required for modern high-demand power grids.

This insurance model helps stabilize energy infrastructure, potentially reducing the risk of power-related outages for major AI clusters. Stable power delivery remains essential for maintaining the uptime of digital services that users access daily.

The takeaway

The consolidation of energy project insurance reflects the critical need for financial stability in high-stakes infrastructure development. Developers must prioritize integrated risk management to survive the high cost of downtime associated with modern AI operations.

Further reading

For additional context on the energy demands of modern digital infrastructure, visit Data Centers.

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Do you trust integrated insurance products to better manage risks for large-scale energy infrastructure projects?