This evolution is paving the way for new activities such as in-orbit manufacturing, pharmaceutical production, and lunar exploration, bringing greater complexity, larger capital investment, and new categories of risk.
At Price Forbes, we help clients navigate this frontier with specialist space insurance and risk solutions, covering every phase of the mission, from build and launch to in-orbit operations and beyond.
Our dedicated Space team delivers risk consultancy, broking, and insurance placement to the entire sector ecosystem, from satellite operators and manufacturers to launch service providers and emerging tech ventures. We also support those building and operating constellations, hosted payload owners, launch brokers/integrators, orbital transfer vehicle operators, and the investors backing them, including venture capital firms and lenders.
We offer strategic guidance and market access that reflect the unique pressures of operating in orbit.
We specialise in:
We design insurance programmes to protect every phase of your operation, from assembly and launch through to operation and decommissioning.
Pre-Launch Cover
Protects the satellite assembly, integration, and testing phases through to transit, storage and launch site risks.
Launch Cover
Covers launcher-induced failures and financial loss from the moment of intentional ignition, through orbital transfer, commissioning, and early operations. Third party liability and launch delay protection are key components of this cover.
In-Orbit Cover
Supports ongoing mission assurance, including potential loss of redundancy, partial failure, or loss of service. Our solution protects single missions, constellations, proximity operations, and provides space station cover.
Return to Earth
Provides protection for de-orbit assets and liabilities, including post-de-orbit transit and storage.
Beyond Earth
Extends to lunar and asteroid operations, including mining activities, structures, and third party liabilities.
Specialist Solutions
Includes nuclear payload liability, regulatory compliance, and bespoke risk structures for unique exposures.
Other Products
We design and place comprehensive programmes across the space industry, including:
“Insuring spacecraft is complex, and Price Forbes have been excellent at advising us. Their knowledge of the market is second to none, and their ability to translate technical risks into effective insurance structures gives us huge confidence.”
“The team’s creativity and deep expertise stand out. In an evolving sector, they consistently deliver forward-looking, commercial strategies that genuinely support our business plan.”
“They’ve guided us through difficult decision-making with total transparency and real-time advice. A trusted partner in a highly technical and high-stakes environment.”
Price Forbes is the broker for the New Space economy. Unlike traditional brokers with legacy geostationary portfolios, our focus is firmly on emerging space ventures which demands innovative thinking and solutions that go beyond conventional cover.
We understand the challenges start-ups and new projects face because we’ve lived that journey too. Our approach combines technical expertise with commercial insight, ensuring your insurance strategy supports your business objectives.
We bring:
Looking for more than a policy? Ask us about our Master Cover and our tailored “valet service” for additional support.
Launch insurance covers loss or damage to a satellite due to launcher malfunction or failure, typically from intentional ignition through orbit insertion and early operations. We tailor this cover to match your mission profile, milestones, and financial exposures.
Yes - pre-launch cover protects against risks during assembly, integration, and testing. It is essential for mitigating losses caused by human error, technical failure, or environmental conditions before launch.
We can structure cover for multi-launch satellite constellations to spread risk and manage cost. Our solutions support both sequential launches and parallel deployments with flexible claims thresholds.
In most jurisdictions, yes. Liability insurance is typically required under national licensing laws. We help you meet legal requirements and secure coverage that protects against third-party claims from damage caused by space activities.
Absolutely. These are rapidly developing fields, and we are working with underwriters to shape viable cover for in-orbit operations, from refuelling missions to debris mitigation systems.
Our insurance experts are always on hand to talk about ways we can join forces to take on the future.
