London, 9 November 2018 – Volante Global Limited (Volante) has announced the launch of Aesir Space, a specialist space insurance MGA, and the appointment of Morten Pahle as Managing Director.
The new London-based facility provides A+ rated protection for all forms of space insurance. Developed by underwriters with a strong technical knowledge of the sector, Aesir Space offers both risk-specific policies and fully integrated umbrella coverages across every phase of the space application lifecycle. Products cover assembly, integration and testing, manufacturing, launch, in-orbit and de-orbit risks, as well as third-party liabilities.
The MGA’s technical foundations support its ability to respond to the space industry’s evolving risk environment. Working with brokers and clients to develop customised cover, its insurance remit extends from standard manufacturing and launch covers, to more innovative products for new hardware such as smallsats and compact launchers.
Aesir Space capitalises on Volante’s end-to-end cloud-based MGA underwriting platform VTX which creates a data-rich, highly efficient trading environment. The system connects every component of the insurance workflow, supporting enhanced decision making and speedy submission response, and facilitating rapid policy production.
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