Space Insurance

With our strong reputation in this niche class, our space team consists of well-known market and industry professionals with a wealth of underwriting and technical expertise. The team is adept at creating specialist products that cover satellites during all stages of their life cycle.

Broken down into launch phase and in orbit operations, policies can be adapted to suit individual business’ needs allowing this highly technical industry to take risks and grow by utilising traditional risk transfer methodology.

Our portfolio comprises of launch, in orbit testing and in orbit operations. We work with global satellite operators and owners that are responsible for telephony, direct-to-home TV, Earth imaging, data transfer, satellite radio, broadband services and many other space-based applications. Our insurance solutions are individually tailored to meet the needs of our clients be they satellite operators, launch vehicle providers, telecommunication companies or earth observation organisations.

In this global industry, we pride ourselves on the ability to provide insurance products for clients across the world, protecting the most expensive and important assets essential to support their business.

Our capacity is $66 million (USD) for both launch and in-orbit risks.

Further information:

Canopius Space Factsheet

Canopius Space Factsheet

Find us on the Ground Floor at Lloyd’s