Including COTS in a space insurer risk analysis

ABSTRACT

Space Insurance is an enabler of the development of the space industry, historically used mainly for large projects in GEO but now used for all types of space objects. Today the market is evolving with the development of COTS, fostering new types of units and types of satellites. As they will be more broadly used, space insurers need to understand the characteristics of COTS to include them properly in their risk analysis and to assess their potential impact on failure scenarios and overall reliability.

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Speaker: Denis Bousquet – AXA XL 

Denis Bousquet is the Global Chief Technical Officer of the Space activity within AXA XL – a leading insurance company for corporate clients – for 15 years. He is in charge of risk understanding and analysis including the building of in-house risk models, negotiation, and management of insurance contracts for space activities and thus he will have to ensure all types of space objects and handle their claims (payment after a loss): assessing properly the risk of a satellite design with COTS is thus key to ensure a sustainable space business. Before joining AXA, he was Payload Technical Manager at Thales Alenia Space for 8 years. Mr. Bousquet is a graduate of High Engineering school ENST Paris (“Telecom Paris”), with a specialization in Satellite Telecommunication Systems.