Skip to main content

Dan Terrett

Oct 2, 2026

8:50
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?
9:11
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.
9:25
But at the moment, it is impossible to discern the cause of a failure.
9:30
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.
9:44
When you go and insure your car, you're not insuring it for the craftsmanship.
9:48
You're not insuring it for specific components.
9:49
That's what warranties are for.
11:20
What sort of feedback have you had from the market on that?

We value your privacy

We use cookies to understand how you use our platform and to improve your experience. Click “Accept All” to consent, or “Decline non-essential” to opt out of non-essential cookies. Read our Privacy Policy.