Core Insights - Aon has expanded its Data Centre Lifecycle Insurance Programme (DCLP) by $1 billion, increasing total capacity to $2.5 billion to address the growing complexities in global data centre developments [1][4] Group 1: Programme Overview - The DCLP, launched in 2025, is a multi-line insurance solution that covers projects from construction to ongoing operations, integrating multiple risk categories typically insured under separate policies [2] - The programme aims to provide clients with efficient access to large insurance capacities while minimizing administrative complexities during project delivery [4] Group 2: Coverage Details - Coverage under the DCLP includes up to $2.5 billion for construction all risks, delay in start-up (DSU), operational property damage, and business interruption, with cyber-related protection available up to $400 million [5] - The programme also offers third-party liability insurance of up to $100 million, excluding US exposures, and project cargo and transport cover of up to $500 million [6] Group 3: Strategic Importance - Aon's president and CEO emphasized the importance of managing risk throughout the data centre lifecycle, stating that these facilities are critical for innovation, connectivity, and economic growth [3] - The expanded DCLP and renewed client treaty are designed to support clients managing large technology projects from initial construction through operational phases, focusing on comprehensive risk management [7]
Aon increases data centre insurance programme capacity by $1bn