Aon launches Sidecar X with $200 million in capacity

Aon has launched Sidecar X, an evolution of its Sidecar platform designed to connect insurance capital with complex transactional risks. The platform has secured up to $200 million in capacity to address the increasing complexity and size of global deals, particularly in mergers and acquisitions and tax products.

Sidecar X utilizes proprietary analytics and global market expertise to provide pre-agreed capacity and streamlined underwriting and claims processes through delegated frameworks. The offering is available to Aon clients in the US, Canada, UK, Europe, and Asia, aiming to provide premium savings and more informed underwriting decisions for insurers and reinsurers.