Associated Covers

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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James Nicholas

Space Underwriter

Aesir Space

Biography

James Nicholas

Space Underwriter

Aesir Space

James has over 14 years of technical experience spanning all aspects of the small satellite sector. He has held numerous senior engineering roles across all functional aspects of the technology, giving him a unique insight into satellite capabilities right down to the individual component level.

Prior to joining Aesir Space, James worked at a leading commercial small satellite company. Most recently, he was Head of Avionics for the Project Engineering Division, managing outputs across various functional areas including on-board data handling, global navigation satellite systems, Attitude and Orbit control subsystem, and RF.

During his 14 years at the firm, James was also Head of Electrical Engineering, Electrical Engineering Group Leader and On-Board Data Handling Team Leader. He joined the firm in 2004 as Senior Hardware/Software Development Engineer.

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