Launch Vehicle Flight

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The number of orbital launches continues to increase in response to increasing data demands. Investment in smallsat development rockets and the global launcher fleet expands to encompass new launch vehicles and payloads and the demand for Launch Vehicle Flight Only (LVFO) insurance grows in tandem.

Nevertheless, launch failures keep occurring and their effect can be devastating to start-ups and established operators alike.

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 LVFO cover as a stand-alone cover or as part of a Combined Flight (CF) programme with In-Orbit (IO) insurance.

SECTEUR

L'Équipe

Ian Hastie

Operations Manager

Edison Motor

Biographie

Ian Hastie

Operations Manager

Edison Motor

Ian has worked in the commercial motor insurance sector for 10 years, providing operational support to stakeholders in both the private and public sectors. His knowledge and understanding of the essential systems and requirements needed to service motor accounts took him overseas for four months, to implement processes and provide full training, from introduction to go live, as part of a multi-million-pound project to relocate services. His experience covers conventional and non-conventional risks.

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Hussein Hassanali

Director, VTX Partners

Technology

Biographie

Hussein Hassanali

Director, VTX Partners

Technology

Hussein has over 12 years of cross-functional experience spanning senior roles in sales, underwriting, claims, finance and investments.

He was previously Vice President of an emerging markets private equity firm, where he specialised in the purchase and turnaround of composite insurance companies achieving successful exits in Nigeria, Rwanda and Pakistan.

Hussein began his insurance career at Zurich Insurance Company in London as a multiline captive underwriter prior to moving to the finance function where he was responsible for setting and heading up the FP&A team. Subsequently, he was appointed as the Global Claims Controller in the group claims function in Switzerland responsible for claims performance management across 40 countries.

Hussein specialises in performance and operational enhancement, business strategy, financial reporting and analytics. He holds a master’s degree in aerospace engineering and is a qualified CIMA accountant.

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Deepti Janak

Chief Financial Officer

General Executive Committee

Biographie

Deepti Janak

Chief Financial Officer

General Executive Committee

Deepti is an ACCA qualified accountant with 15 years of experience in the insurance sector. Prior to joining Volante, Deepti was Head of Financial Planning & Analysis (UK) at DUAL Corporate Risks (MGA). Previously she has held senior finance positions in AIG Europe and Euler Hermes.

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Morten Pahle

Managing Director

Aesir Space

Biographie

Morten Pahle

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.

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