satellite News

Ironshore’s Pembroke Agency Launches Insurance for Satellite Financing

Ironshore International’s Pembroke Managing Agency Limited has begun offering insurance coverage for lenders engaged in the financing of satellite projects. The product provides insurance coverage for banks and export credit agencies against the risk of non-disclosure and misrepresentation by the …

New Underwriting Agency Assure Space to Cover Satellite Risks

Assure Space, LLC, a new space insurance agency for satellite risks, has partnered with Auster Capital Partners (ACP) and Space Florida for the provision of launch and in-orbit insurance to satellite operators worldwide. Assure Space has agreements with participating insurers …

ACE and gplink Launch New Yacht Coverage

ACE Recreational Marine Insurance and gplink have announced broadened coverage and are new savings to qualifying customers through the new ACE gplink Insurance Program. The new product is offered exclusively to owners of yachts that are powered by Caterpillar engines …

Falling Satellites? Uncle Sam’s Got It Covered, Mostly

When, where and how much, if any, damage will be caused by about 1,200 pounds worth of falling satellite debris poses some interesting questions–including for the insurance industry. Likely coming in at No. 1 on the industry’s list: Who will …