Aon Launches Power Lifecycle Program for Conventional Gas Projects Supporting Digital Infrastructure
Aon has launched its Power Lifecycle Program (PLP), a new insurance solution designed to support conventional gas power projects from construction through operations. The program offers up to $2.5 billion in coverage per project, addressing risks during the development and operation of energy assets that are critical for digital infrastructure growth such as cloud computing and AI. The PLP is intended to provide clients with a coordinated risk management strategy by integrating insurance across different stages of power projects—construction, testing, commissioning, and operations. This approach aims to reduce coverage gaps and improve continuity while supporting developers, owners, lenders, and investors in managing complex energy infrastructure risks more effectively. The program complements Aon's existing Data Center Lifecycle Insurance Program, which expanded its capacity earlier this year. PLP is backed by a lead panel of London-based carriers with global reach and expertise to support projects worldwide.
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Topics: construction risk management energy infrastructure insurance