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Our Activity


Space, Aviation and Energy Underwriting

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Our Activity


Space, Aviation and Energy Underwriting

elseco is a specialist high technology insurer.

Our approach is built on an in-depth market knowledge, business and sector experience and entrepreneurial mind-set. Each element of this translates to a commitment to the provision of stakeholder-wide intelligent insurance.

Headquartered in Dubai’s DIFC, elseco is a risk management and underwriting specialist for the Space, Aviation and Energy sectors delivering best in class consultancy. 

elseco is committed to providing our insureds, clients, brokers and advisors innovative products, responsive service and all round best practice. We work tirelessly for our clients, members  to suit your needs and adapt where necessary to meet ever changing operating environments.

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Space


Space


elseco is a risk management and underwriting specialist for the Space, Aviation and Energy sectors.

The elseco space department was created in 2007, focusing on Satellite Pre-Launch, Launch and In-Orbit Risks. Today we are known throughout the world as a leading space insurer. Our capacity for 2016 is up to US$183m per Launch / In Orbit Risk and up to US$50m for Pre-Launch.


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Coverage

  • Launch Only
  • LRG
  • Launch Plus
  • In Orbit
  • Asset / Financial Consequences
  • Pre Launch / AIT

Clients

  • Manufacturer
  • Satellite Operator
  • Launch Service Provider
  • Space Agency
  • Telecommunications Company

For more information on the space industry, please visit Space Resources.

elseco has proudly supported the World Space Risk Forum from its inaugural event in 2010.

email contact: space@else.co

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Aviation


Aviation


elseco is a risk management and underwriting specialist for the Space, Aviation and Energy sectors.

elseco’s Aviation account was set up in 2010.

Following steady successful growth and a long-term commitment to the Aviation class,  elseco now offers a wide range of risk management solutions for General Aviation (GA) and Airline risks, providing both leading and following lines underwritten by an experienced and highly knowledgeable team of Aviation underwriters, based in London and Dubai.

Our capacity for 2017 is:

Aerospace - Hull Manufacturer, General Liability, Product Liability:

US$75m capacity

Airline - Hull (All Risks), Passenger, Liability, Third Party Legal Liability, Primary AV52:         

US$75m capacity

General Aviation - Hull (All Risks), Liabilities (including Incidental Liabilities, Premises Liability and Hangar-Keepers Liability), In-Flight Personal Accident, Hull War Risks:

US$100m capacity


Our clients

Aerospace: Manufacturers, sub-contractors, airports, ground handlers, MRO, refuellers and banks

Airline: Ranging from some of the largest airlines in the world to small private businesses and start-up operations

General Aviation: Commercial and private operators (with fixed or rotor wing aircraft), onshore/off shore operators, business jets and medium to high value turbo-prop aircraft

 

Providing top quality service, minimum A rated security (A. M. Best Company and Standard & Poor’s) and quick turn-around response, elseco’s Aviation underwriting team brings an innovative solutions based approach to helping clients get the right level of insurance coverage needed.


For more information on the aviation industry, please visit Aviation Resources.

email contact: aviation@else.co

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Energy


Energy


elseco is a risk management and underwriting specialist for the Space, Aviation and Energy sectors.

The elseco energy team focuses on global energy business throughout the value chain. We pride ourselves on risk selection and the most suitable coverage for our clients. Our expertise covers Downstream, Midstream, Power, Renewables and Upstream energy, both from an operating and construction stance.

elseco 2017 Capacity:

Upstream / Midstream : US$80m

Downstream / Power : US$50m


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Assets covered:

  • Mobile offshore units
  • Control of Well - Exploration Drilling / Production
  • Ultra deep water facilities
  • Fixed assets - Platforms/ Pipelines / Subsea
  • Land rig fleets
  • Gas
  • E&P (Exploration & Production) Operators
  • Contractors - Offshore / Onshore
  • LNG & Gas Processing
  • Oil & Gas Terminals/Storage & Transmission/Distribution
  • Refining & Petrochem
  • Shipyards
  • Power & Utilities
  • Chemicals

For more information on the energy industry, please visit Energy Resources.

email contact: energy@else.co