Founded in 1991, in less than two decades the ISB team – which combines individuals with market leading experience in space engineering, contract negotiation, finance, risk management and insurance - has built itself into one of the most respected names in space insurance. Our client list, which includes eight of the world’s Top 20 Satellite Companies, is a ‘Who's Who’ of the space industry.

ISB has placed over $52bn in insured values, collected over $1.5bn of insurance proceeds since it started and today acts for some 35% to 40% of the world’s space insurance business. As a result, we have the excellent relations with the major space insurance underwriters throughout the world that are necessary to obtain highly competitive rates.

Even more important, ISB can illustrate impressive client retention rates which are testament to our ability to propose innovative insurance solutions, to our skill in completing programmes with accuracy and focus, to our diligence and effectiveness in claims management and to the quality of our ‘after sales’ service.

ISB’s many industry innovations include the creation of the first:

• Launch plus five years policy
  
• Combination of full launch phase insurance with excess of loss post-separation insurance
  
• Combination of launch and in-orbit insurance covering satellites to be launched and satellites already in orbit
  
• Insurance for an LEO Constellation
  
• Reusable launch vehicle insurance placement
  
• Commercial Proton launch insurance
  
• Commercial flights of LMLV and Conestoga launch vehicles
  
• Space political risk coverage for Russia and China
  
• Long tail insurance policy to settle possible future claims for satellite loss of life
  
• Policy for satellite sale and leaseback
  
• System-wide policy for in-orbit and service interruption
  
• Recovery mission insurance
  
• Reboost mission insurance
  
• Difference in conditions policy for a launch utilising a launch risk guarantee