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Space

A pioneer in space and satellite insurance, Marsh provides risk management advice and customised insurance products covering launch and in-orbit risks for your space assets.

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New technologies and lower launch costs are providing greater opportunities for both new and existing companies to thrive in the space industry. However, with opportunity comes uncertainty - government access, terrestrial 5G global rollout, supply chain issues, and more.

Since 1977, Marsh has helped space companies to identify and address relevant risk factors through risk mitigation, management, and transfer strategies. Given our broad and diverse portfolio of clients, we are able to identify the latest market trends and provide meaningful insights backed by our innovative data and analytics tools.  Our specialist space team members, all in-house, have a variety of backgrounds, including insurance marketing, engineering, legal, financial, and account management.

We have delivered numerous ‘market firsts’ for space industry companies in terms of financial and coverage solutions. We will continually strive to deliver innovative solutions, at the most competitive terms available in the market, to you.

We provide insurance coverage and risk management solutions for:

  • Owner operators
  • Manufacturers
  • Communications and earth observation
  • Geostationary Equatorial Orbit (GEO), medium earth orbit (MEO), and low earth orbit (LEO) satellites
  • Constellations

1977

establishment of our Space practice

40+

space insurance professionals

8

global hubs of space expertise

Data and analytics

Data and Analytics for Space and Satellite Operators and Manufacturers

Data and analytics tools for the space insurance industry enables your Marsh broker to predict, evaluate, and deliver optimal risk management and insurance results for your program.

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“Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”