Why Inspace?
Founded as the first-ever space insurance broker in 1977, the team is comprised of experienced professionals across various locations world-wide: Washington D.C., London, Paris, Moscow, Kuala Lumpur, Singapore, Beijing and Almaty.
The Global Inspace team prides itself on developing, marketing and implementing risk strategies that complement the innovative space industry of today.
We work alongside all industry participants - satellite operators, manufacturers, financiers and launch service agencies to address all risks offering customized solutions to support business objectives.
Our specialized and dedicated team can provide broking and advisory services across the following areas:
Managing evolving risks in the space industry
Our experienced team understands the importance of the risk management process in a sector where trail-blazing technology can be commonplace. By efficiently producing cost-effective risk-averse solutions we are embedded within the growing industry trends of today, such as:
- Constellations
- Hosted payloads
- Earth observation
- Broadband satellites
- Nano/small satellites
- Human spaceflight/Space tourism
- In-orbit servicing
- Re-useable launch vehicles
- Real-time video
- ISS-based hardware/habitats
- In-orbit debris removal
- 3D print manufacturing
- Lunar missions
- Software-defined satellites
Inspace insurance claims expertise
Claims within the space insurance industry tend to be large and complex and our expertise in claims settlement can ensure that they are paid in a timely, efficient, and complete manner.
The insight gained by building unique policy wordings and loss formulas tailored to our individual client’s needs, enables us to stress test how a policy will respond in the event a claim occurs.
Disclaimer
WTW hopes you found the general information provided here informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, WTW offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).
