Space Insurance Workshop: How Insurers Analyze and Assess the Risks of New Technologies
With the growth of new technologies and new applications in space in the next five years, insurance and risk management will play an increasingly important role as projects move from technology demonstration to commercial operations. Insuring new technologies and innovations will be a key element in financing, implementation, and operation of future commercial space activity. In addition, the next five years will see the retirement of most current launch systems and implementation of a completely new stable of launch vehicles. Risk management for complex systems requires specialized knowledge and adequate capital. How will companies manage their financial, technical, and commercial risks on new programs from OneWeb, ViviSat, SpaceX, LauncherOne and others, as well as on innovative systems from legacy providers, such as Intelsat’s Epic and Eutelsat’s Quantum?