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Aesir Space’s insurance remit extends beyond the standard reach of most space policies, providing protection for investors, as well as encompassing launch delay, engine testing and a range of contingency-related covers.

As the space market evolves at a rapid rate in response to growing data demands placed on satellites, advances in the underlying technology and the increase in countries and companies entering the space sector, investor interest is rocketing.

At Aesir Space, we recognise the heightened risk potential of these emerging technologies, capabilities and market participants, and offer investors the necessary financial protection to support their drive to invest.

The scope of our umbrella solutions is expansive and our space risk management experience means we are able to build comprehensive programmes that span the many potential issues and incidents that may arise that could delay or prevent launch or result in a failure of an application to achieve its commercial goals.

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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