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Our Activity


Space, Aviation and Energy Underwriting

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Our Activity


Space, Aviation and Energy Underwriting

elseco provides an insurance underwriting platform for specialty risks.

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.

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 provides an insurance underwriting platform for specialty risks.

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 is up to US$250m per Launch / In Orbit Risk and up to US$50m for Pre-Launch.


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


elseco has proudly supported the World Space Risk Forum (now known as the World Space Sustainability Forum) from its inaugural event in 2010.

email contact: space@else.co

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Aviation


Aviation


elseco provides an insurance underwriting platform for specialty risks.

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.

Our capacity is:

Aerospace - Hull Manufacturer, General Liability, Product Liability:

US$100m capacity

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

US$100m capacity

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

US$75m 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.


email contact: aviation@else.co

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Energy


Energy


elseco provides an insurance underwriting platform for specialty risks.

elseco’s Energy account was set up in 2014.

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 Capacity:

Upstream / Midstream : US$100m

Downstream / Power : US$75m


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


email contact: energy@else.co