JLT Aerospace in the Space Insurance Market

JLT Aerospace is one of just a few brokers with space expertise.  The experience of our Space Team covers all facets of this sector including satellite operators, launch service providers, manufacturers, space agencies and finance companies.

The space insurance market is specialised, technical and risky.  Volatility is fuelled by a narrow spread of risk and high failure rates, with insurance often representing the third largest mission cost after satellites and rockets.  Even the best conceived project can be derailed by technical failure, and long lead times for hardware replacement make contingency measures difficult and expensive to implement.

Within this challenging environment, risk management and insurance form critical pillars of any robust satellite business plan.  JLT Aerospace can help with risk programmes covering:

• Pre-launch
• Launch
• Commissioning
• Early orbit
• In-orbit operations
• Business continuity
• Third party liability
• Political events

JLT Aerospace can support you through the life cycle of your space project - from the framing of your vision to physical realisation and operational performance.