Launch Vehicle Flight Only
2017 saw over 90 orbital launches resulting in six complete and two partial failures. As the number of orbital launches increases primarily in response to huge data demands, investment in smallsat development rockets and the global launcher fleet expands to encompass new launch vehicles and payloads, the demand for Launch Vehicle Flight Only (LVFO) insurance grows in tandem.
Aesir Space provides comprehensive LVFO to insureds for damage to satellites which occur after intentional ignition of the launch vehicle and up to the point where they separate from the launcher.
Our data-driven underwriting approach means that every LVFO policy is built on high-resolution industry data and built to the specific requirements of the particular vehicle type of satellite. Further, our risk assessment capabilities are based on the latest launch failure statistics.
We provide the majority of our LVFO cover as part of a Combined Flight (CF) programme with In-Orbit (IO) insurance.