{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Special Episode: Ask the Expert: All About Space Insurance with Richard Parker","description":"Richard Parker is the Chairman at Applied Underwriters Aerospace, LLC, where he runs the space team. He recently joined Chris Hampshire for a special episode of In the Know: Ask the Expert, which features their conversation about the structure of space insurance, recent explosions, the typical claims process, and a host of other questions from a live audience.   Key Takeaways \u25cf The structure of space insurance. \u25cf Recent changes in space insurance underwriting. \u25cf Challenges of insuring smaller spacecraft. \u25cf Geosynchronous Earth Orbit characteristics. \u25cf What type of space-specific coverages would Jeff Bezos have? \u25cf Are space insurance products carrier-direct? \u25cf How can an industry professional get hired into space insurance? \u25cf Do captive insurance companies work with space insurance? \u25cf How can space insurance be priced profitably and competitively? \u25cf Is the space insurance economy a growing market? \u25cf Was the recent explosion accurately depicted in the media? \u25cf What does the claims process look like? \u25cf Are there separate coverages for workers' comp and third-party liabilities? \u25cf Will space tourism create new opportunities for space insurance?   In the Know podcast theme music written and performed by James Jones, CPCU, and Kole Shuda of the band If-Then.   To learn more about the CPCU Society, its membership, and educational offerings, tools, and programs, please visit CPCUSociety.org.   Follow the CPCU Society on social media: X (Twitter): @CPCUSociety Facebook: @CPCUSociety LinkedIn: @The Institutes CPCU Society Instagram: @the_cpcu_society   Quotes \u25cf \u201cSpace insurance is unique because it doesn\u2019t have a lot of loss history.\u201d \u25cf \u201cSpace insurance offers a worldwide opportunity with offerings to the entire commercial space industry.\u201d \u25cf \u201cThe space insurance market is efficient and good for clients, but it can be extremely difficult to price.\u201d \u25cf \u201cIt\u2019s absolutely fascinating to work on a space insurance claim.\u201d \u25cf \u201cAny growth in space is an opportunity for space insurance.\u201d ","author_name":"IN-the-Know","author_url":"http:\/\/cpcusociety.libsyn.com\/website","html":"