Aon Launches $2.5B Insurance Program for Gas Power Projects
Aon's new Power Lifecycle Program covers construction and operations for gas power assets serving utility and digital infrastructure clients.
Aon plc, the global professional services firm listed on the New York Stock Exchange, announced the launch of its Power Lifecycle Program on Sept. 28, 2026, targeting conventional gas power projects that underpin rapidly expanding digital infrastructure networks.
The multiline insurance solution offers coverage of up to $2.5 billion and is structured to span two critical project phases: construction and ongoing operations. The program is designed specifically for utility companies and digital infrastructure operators, sectors facing mounting pressure to secure reliable, large-scale power sources as data center demand surges.
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The timing of the announcement reflects a broader industry trend in which insurers are developing specialized products to address the financing and risk management needs of energy projects tied to digital growth. Gas-fired power generation has re-emerged as a bridge fuel of choice for technology campuses and cloud computing facilities that require consistent baseload electricity.
By bundling coverage across the full project lifecycle into a single program, Aon aims to reduce complexity for project developers and lenders who traditionally piece together separate policies for construction risk and operational liability. The integrated structure could also streamline underwriting timelines at a moment when new capacity is urgently needed.
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