Morten Pahle
Managing Director
Aesir Space
Aesir Space provides the broadest possible range of space covers in the most flexible packages. Based on technical underwriting foundations we apply commercial, scientific and technical rigour to every policy to ensure that the right cover is available. We recognise the value in good service and transparent communication at all levels of underwriting and claims handling.
Aesir Space provides expansive space cover built on technical underwriting foundations. Developing precisely engineered products across the expanding range of space applications, the facility applies commercial, scientific and technical rigour to every policy.
A copy of our Bifrost introduction and questionnaire can be found here
Supported by A + rated capacity and led by one of the most respected and experienced practitioners in the market, Aesir Space specialises in all forms of space insurance from initial testing, manufacture and transit, to launch, de-orbiting and decommissioning.
Working closely with brokers and insureds to develop full-spectrum integrated coverage or risk-specific policies, we are uniquely positioned to build solutions based on a technical understanding of each exposure across the lifespan of the application.
That insight also enables us to look beyond the standard cover to encompass the sector’s continually evolving risk remit as new technologies are introduced, vehicles are developed and the NewSpace arena expands.
Years of discussions with operators, manufacturers and investors in space ventures confirms that insurance, when used properly, can be a powerful enabler.
Aesir understands that clients want to protect their business plans and not merely insure their assets. Using insurance as an enabler to deliver that protection in turn enables them to obtain finance and grow their venture. This means providing coverages tailored to each client’s needs and having a full understanding of the environment they operate in.
Aesir recognises the importance of this aspect of risk management and actively seeks to challenge dogmatic traditions and propose innovative solutions to meet the challenges faced by the industry.
A copy of our end of life satellite questionnaire can be found here
Our broad coverage remit spans:
Our sector-specific knowledge means we can deliver a quick response on all space submissions. Our underwriting is supported by an advanced data-rich, highly efficient, technology platform that connects every component of the workflow, supporting enhanced decision making and enabling rapid policy production.
Managing Director
Aesir Space
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.
Underwriter
Aesir Space
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.
Assistant Underwriter
Aesir Space
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.