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Dan Terrett
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APPEARANCES
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Oct 2, 2026
Space debris: 130 million “poppy seed bullets flying around, punching holes in things”
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8:50Jonathan DaviesHOST
Now, having all of this data, feeding that into what you're working with teams like at Lloyds to help offer packages of insurance, what impact is it having on the insurance market? If I had my satellite and I came to you, you can give me the worst case example, how much would I have to pay and potentially what could I be offered?
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9:11Dan TerrettGUEST
We know a large number of the insurance industry here is very collegiate and we know a number of people here and There is no doubt that there is appetite within the Lords of London markets to ensure the growing new space sector.
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9:30Dan TerrettGUEST
So they have to offer what's called all-peril insurance, which is everything from, I joke about this, but everything from alien attacks to debris strikes to radiation to effectively your battery failing because the component is poor.