Aon Expands Data Center Insurance Program Capacity to $5 Billion

MT Newswires Live07-20 18:38

Aon (AON) expanded the capacity of its proprietary Data Center Lifecycle Insurance Program to $5 billion, the company said Monday.

The expanded program provides up to $5 billion in construction all risks, delay in start-up, property damage and business interruption coverage, backed by A-rated insurers from Lloyd's and company markets, it said.

Aon said the program also includes expanded liability, cyber and project cargo capabilities, including up to $200 million in third-party liability coverage outside the US, $100 million within the US, $400 million in Cyber and Technology Errors and Omissions coverage, and $500 million in project cargo coverage.

The program also includes up to $1 billion in terrorism capacity through existing Aon facilities.

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