Morten Pahle
Managing Director
Aesir Space
During the Assembly, Integration and testing (AIT) programme of space hardware, such products are subject to traditional manufacturing perils as well as exposures unique to the space sector and specific to the individual launch campaign. Typical property policies do not cover the work in progress or tested and also exclude coverage on launch sites.
We provide clients with the reassurance of having fully customised cover for AIT-related risks, as well as other pre-launch incidents that may prevent or delay launch. Our high-level technical knowledge and understanding of relevant perils enable us to quantify each risk component accurately to create full spectrum coverage.
Aesir space offers AIT and Pre-launch cover for NewSpace clients as part of a comprehensive cradle to grave coverage through our Bifrost facility. Read more about Bifrost here.
Managing Director
Aesir Space
Managing Director
Aesir Space
Morten has over 20 years of risk management experience in the space industry and over 15 years in the insurance market. His technical knowledge gives Aesir Space a unique perspective on the space insurance market.
During his underwriting career, he was Founder and Managing Director of ViVet Limited, an MGA focused on space, aviation and energy. He was also UK Branch Manager at Glacier Insurance (now Starstone Insurance) and a Space Underwriter at Assicurazioni Generali.
His risk management credentials stem from his work as Group Risk & Insurance Manager at EADS Astrium Satellites (now Airbus Defence and Space) starting his career as a Reliability engineer on LEO meteorological satellites.