AIT & Pre-Launch

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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.

Aesir Space LINES OF BUSINESS

THE Aesir Space TEAM

Morten Pahle

Managing Director

Aesir Space

Biography

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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Anastasia Balina

Underwriter

Aesir Space

Biography

Anastasia Balina

Underwriter

Aesir Space

Anastasia has over 15 years of experience in Space and Aviation (Re)Insurance. Her extensive experience as a broker gives her understanding of insureds’ needs and an ability to define suitable insurance coverage solutions for a broad spectrum of risks.

In her last role as Divisional Director for Space at United Insurance Brokers, Anastasia was responsible for placing reinsurance for CIS clients including Roscosmos and Russian aerospace manufacturers, including not just launch and in-orbit but also AIT, pre-launch and third party liabilities.

Making good use of her MBA and drawing on her network and multicultural background, she strengthens and broadens Aesir Space’s diversified and structured underwriting approach.

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Matthew Sweatman

Assistant Underwriter

Aesir Space

Biography

Matthew Sweatman

Assistant Underwriter

Aesir Space

Matthew joined Aesir in Early 2024 from the Civil Aviation Authority. Prior to joining his career spanned weapons system engineering and space regulation after graduating with a Master of Engineering in Aerospace Engineering.

As weapons engineer for 5 years his work focused predominantly on test and evaluation of weapons and energetic systems as part of safety and suitability for service assessments. This included work in support of qualification of new systems through to surveillance and life extension activities.
From 2022 Matt worked in the space engineering team at the UK Civil Aviation Authority as part of the space regulation team working in support of space licensing in the UK. He was involved with licensing of new launch systems and sites as well as satellites.

As an assistant underwriter Matthew looks to build on his experience in risk assessment to support Aesir Space’s diversified and structured underwriting approach.

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