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Space Insurance

Led by renowned space insurance experts, AXA XL offers a unique and comprehensive suite of space insurance products including pre-launch, launch, in-orbit, and liability coverage for spacecraft and launch vehicles.

Coverage

AXA XL is a leading insurer in the space insurance industry. We work closely with our clients and brokers around the world to develop innovative, specialized products covering all types of spacecraft and launch vehicles through development, pre-launch, launch and in orbit.

We offer:

  • Launch coverage for spacecraft and launch vehicles from ignition through spacecraft separation in orbit
  • Post-separation coverage for spacecraft through initial operations, deployments, orbit raising and testing
  • In-orbit coverage for ongoing operations of satellites through their life
  • Coverage for transponder users, including loss of revenue and extra expenses
  • Coverage for satellite manufacturers for loss of incentives and warranty payments
  • Coverage for launch risk guarantees
  • Specialized coverage for small satellites and unique missions
  • Seamless pre-launch and launch coverage
  • Launch and in-orbit liability coverage

Benefits and Services

AXA XL provides a unique suite of insurance products for space-related activities with specialization in:

  • Small satellites and launch vehicles
  • Unique mission designs
  • New technologies and applications
  • Industry-recognized leadership in space insurance data

Client Profiles

Our clients include:

  • Satellite owners, operators, manufacturers, and users
  • Launch providers
  • Telecommunications, earth observation and other space organizations
  • Governments and institutions

We also support development of unique missions, payloads and capabilities from new, entrepreneurial space organizations.

The information contained herein is intended for informational purposes only. It’s is neither an offer to sell nor a solicitation to purchase any particular insurance product. Insurance coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance coverage would apply in the circumstances outlined herein. Please refer to the individual policy wordings for specific coverage details. AXA XL is a division of AXA Group providing products and services through four business groups: AXA XL Insurance, AXA XL Reinsurance, AXA XL Art & Lifestyle and AXA XL Risk Consulting. Not all of the insurers do business in all jurisdictions nor is coverage available in all jurisdictions.

US- and Canada-Issued Insurance Policies. In the US, the AXA XL insurance companies are: AXA Insurance Company, Catlin Insurance Company, Inc., Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company and T.H.E. Insurance Company. In Canada, coverages are underwritten by XL Specialty Insurance Company - Canadian Branch and AXA Insurance Company - Canadian branch. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA Group.

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