Insurance and Responsible Behavior in Space Event Report
On January 22, 2018, the Stimson Center and the Secure World Foundation (SWF) partnered to host a roundtable discussion on the relationship between space insurance and incentivizing responsible behavior in space operations. The goal of this event was to bring together space insurance companies, underwriters, satellite operators, and experts from non-space fields to determine if the insurance industry can help incentivize responsible behavior and best practices among satellite operators.
The discussion looked at trends in both the satellite industry and the space insurance industry, as well as the role of insurance in other domains such as nuclear power, maritime, and cyber. Although there were no easy answers to solving the many risks faced in outer space, the participants shared their perspectives on possible paths forward to help enable all players in the space arena to support and encourage responsible behavior.