American International Group, Inc. (AIG) has appointed Castor Aerospace LLC as its new program administrator for space-related risks. This appointment provides a new distribution channel for satellite operators, manufacturers, launch service providers, owners, end-users & financiers that require access to space-related insurance including traditional satellite launch and in-orbit coverages.
This new distribution channel will provide clients with access to the necessary coverage options which are needed to address their growing space-related exposures.
AIG companies serve commercial, institutional, and individual customers through worldwide property-casualty networks. In addition, AIG companies are providers of life insurance and retirement services in the United States.
Topics AIG
Was this article valuable?
Here are more articles you may enjoy.
Waymo Launches Driverless Robotaxis on Freeways in First for US 
70% of Drivers Say They’ve Felt Unfairly Judged by Auto Insurers: Arity Report 
PwC: Insurance Execs Say Agentic AI Leading Industry Transformation 
Viewpoint: Beware the Rise in Unproven ‘Brittleness Test’ for Roof Shingle Claims 
