Aon Launches $2.5B Insurance Program for Gas Power Projects
Aon's new Power Lifecycle Program offers up to $2.5B in multiline coverage for gas power projects serving utility and digital infrastructure clients.
Aon plc (NYSE: AON) announced the launch of its Power Lifecycle Program on Sept. 28, 2026, a new multiline insurance solution designed to support conventional gas power projects tied to the rapid expansion of digital infrastructure, including data centers and related facilities.
The program offers up to $2.5 billion in coverage spanning both the construction and operational phases of gas-fired power projects, positioning Aon to serve utility operators and digital infrastructure developers navigating a period of surging electricity demand.
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The announcement reflects growing pressure on the energy sector to bring new generation capacity online quickly as artificial intelligence workloads and cloud computing drive unprecedented power consumption. Gas-fired generation has re-emerged as a near-term solution for bridging supply gaps where renewable sources cannot yet meet baseload demands.
By bundling coverage across a project's full lifecycle — from groundbreaking through commercial operations — Aon's offering aims to reduce complexity for developers who have historically managed separate construction and operational insurance programs. The consolidated structure may also improve terms and pricing consistency over a project's lifespan.
Aon, headquartered in Dublin, is a global professional services firm with broad operations in risk management and insurance brokerage. Continue reading at All Financial Services & Investing.
