PARIS — Space insurers said they are adapting their business practices to with New Space constellations of small satellites and said insurance companies need to streamline the way they assess New Space risks.
“It needs to be a a bespoke solution when it comes to the [individual] policy. As for the process, insurers need to be way more efficient,” said Stephanie Deml, head of aviation and space at underwriter Munich Re. “There may be an automation of some tasks that we do manually these days.”
Addressing the
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