Aon Launches Power Lifecycle Program for Gas Power Projects
News related to:Aon plc · 2 min read
DUBLIN, Sept. 28, 2026 /CourierPR/ -- Aon plc has launched a new insurance program, the Power Lifecycle Program (PLP), aimed at supporting conventional gas power projects from construction to operations. This initiative is designed to address the growing risks associated with power assets as demand for digital infrastructure, cloud computing, and artificial intelligence accelerates.
The PLP offers up to $2.5 billion in coverage across construction and operations phases, providing a coordinated insurance solution for utility and digital infrastructure clients.
The program is structured to cover various risks, including up to $2.5 billion in Erection All Risks and Delay in Startup coverage during the construction, testing, and commissioning periods. Additionally, it offers up to $2.5 billion in Operational Property Damage and Business Interruption coverage for the immediate operational period. The program also includes up to $100 million of Construction and Operational Third-Party Liability (excluding U.S. projects).
Aon's PLP is underpinned by a lead panel of London-based carriers, combining power-sector expertise with meaningful capacity for global clients. The balance of capacity is predominantly London-based, complemented by significant participation from key local and global markets, providing the breadth, resilience, and reach required to support projects worldwide.
The launch of the PLP comes as the rapid expansion of data centers drives significant investment in conventional power generation capacity. This new program builds on Aon's established position supporting digital infrastructure clients through the Data Center Lifecycle Insurance Program, which expanded to $5 billion in capacity in July 2026. Together, the two programs reflect Aon's lifecycle approach to helping clients build, operate, and scale critical infrastructure with greater confidence.
Aon's PLP is available to power infrastructure developers, private equity firms funding power project developments, contractors controlling construction cover, and power infrastructure owners for both grid-connected standalone conventional gas power projects and dedicated projects supporting data centers. By offering a comprehensive insurance solution, the PLP aims to provide clients with the clarity and confidence needed to manage their risks effectively.
In summary, Aon's Power Lifecycle Program is designed to support conventional gas power projects from construction through operations, providing a coordinated insurance solution for clients in over 120 countries. This initiative underscores Aon's commitment to helping organizations navigate the complex risks associated with power assets in the rapidly evolving digital landscape.