Aon Launches $2.5B Insurance Program for Gas Power Projects
Aon's new Power Lifecycle Program covers construction and operations for gas plants serving utility and digital infrastructure clients.
Aon plc, the Dublin-headquartered global professional services firm listed on the New York Stock Exchange, has introduced a multiline insurance solution designed specifically for conventional gas power projects, the company announced Sept. 28, 2026. The Power Lifecycle Program offers coverage of up to $2.5 billion and targets the growing intersection of energy infrastructure and digital demand.
The program spans both the construction and operational phases of gas power facilities, providing clients a consolidated risk-transfer solution across a project's full lifespan. Aon is positioning the offering for utility companies and digital infrastructure operators — a client base under mounting pressure to secure reliable baseload power as data center expansion accelerates across the United States.
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The launch reflects broader market dynamics in which surging electricity demand from artificial intelligence workloads and hyperscale data centers has renewed interest in conventional gas generation as a bridging fuel. Insurers and risk advisers have been working to develop bespoke products that match the scale and complexity of these capital-intensive projects, where construction delays or operational outages can carry billion-dollar consequences.
By bundling coverage across multiple risk layers into a single program, Aon aims to reduce the friction clients typically face when sourcing separate policies for construction, property, and liability exposures. The $2.5 billion capacity ceiling signals the firm's intent to compete for the largest and most complex power development mandates in the current infrastructure build-out cycle.
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