Aon launches DPX placement exchange

Aon plc said on May 18 that it plans to launch Aon Digital Placement Exchange, or Aon DPX, a digital trading platform for Follow Line business in the London Market. The broker said the platform will use structured data and algorithmic trading to connect risk and capital more efficiently. Aon said the first live use case will be U.S. Property risks in the second half of 2026. (prnewswire.com) The announcement appeared in an Aon press release and on the company’s investor relations site. ### What exactly is Aon putting into the market? Aon DPX is Aon’s digital approach to placing Follow Line business in the London Market, the company said. In that market structure, lead terms are established first and other insurers then decide whether to participate on the same line. Aon said the platform is designed to let insurers express and deploy underwriting appetite digitally, with brokers then accessing that capacity more quickly once lead terms are set. (prnewswire.com) Joe Peiser, CEO of Risk Capital for Aon, said in the release that “the way Follow Line business has been placed has not kept pace with the scale and complexity of today’s risks.” He said Aon DPX is intended to provide “a more efficient and data-driven approach” to connecting risk and capital. (prnewswire.com) ### Why is Aon focusing on Follow Line placement? Follow Line placement has traditionally relied on manual and repetitive underwriting and distribution processes, Aon said. The company said Aon DPX is meant to reduce friction across the placement lifecycle and improve consistency in execution for brokers and clients. (prnewswire.com) Clyde Bernstein, Aon’s global lead of Aon Broker Copilot and Aon DPX, said the platform gives insurers a way to retain control over their view of risk and underwriting strategy while using a faster model for deploying capital. Aon said each participating carrier will keep control over how its underwriting appetite is defined and deployed, and that Aon will not have visibility into individual appetite positions. (prnewswire.com) ### When does the platform actually go live? The first rollout is scheduled for U.S. Property risks in the second half of 2026, Aon said. The company said more than a dozen leading insurers are expected to participate at launch. (prnewswire.com) FinTech Global and Reinsurance News, citing the Aon announcement, reported the same timing and launch cohort. Those reports also said the platform will let insurers define underwriting appetite digitally and give brokers faster access to Follow Line capacity after lead terms are agreed. ### How does this connect to Aon’s broader technology buildout? Aon said Aon DPX is expected to integrate with Aon Broker Copilot, its placement, analytics and broking technology. (prnewswire.com) The company said that integration is meant to embed digital trading into brokers’ workflows and support more consistent execution and access to capacity. Aon launched Broker Copilot in June 2025 and said at the time that the platform was built to structure submission data, surface pricing and appetite intelligence, and modernize placement workflows. (prnewswire.com) Clyde Bernstein was identified in that launch as Aon’s head of placement technology and trading analytics, and Joe Peiser said then that broking was undergoing a “fundamental shift.” (fintech.global) ### What does Aon say this fits into inside the company? Aon said Aon DPX is part of its “3×3 plan” and builds on a $1 billion investment in integrated data, analytics and technology capabilities. The company linked the exchange to other products including Risk Analyzers, diagnostic tools, Aon Broker Copilot and Claims Copilot. (prnewswire.com) Aon’s investor relations page says 2026 is the final year of that 3×3 plan. The company’s next stated milestone for DPX is the second-half 2026 go-live for U.S. Property risks, with more than a dozen insurers expected to participate when the platform launches. (ir.aon.com) (prnewswire.com 1) (prnewswire.com 2)