FOR UNDERWRITERS & SATELLITE LENDERS

Space insurance pricing data, published.

S/PF/F reliability split, operator concentration, debt maturity wall, cash runway — the four inputs underwriters ask for, updated weekly from public filings and launch telemetry.

“Seradata tells you what flew and what failed. AstraVeris tells you what’s about to lose money.”

1 · At a glance

7,146
Launches indexed
vehicles.json
99.79%
Falcon 9 Block 5 reliability
vehicles.json
15
Public issuers with debt wall
finance.json · market_overview
$10.95B
Tracked debt principal · 29 tranches
finance.json · market_overview

All four numbers are recomputed every pipeline run. See Methodology & Data Provenance for the full derivation path, and the per-field confidence tag (reported / derived / estimated) that travels with every record.

2 · The four data surfaces underwriters care about

Every surface is exposed through the public tracker and drills into the underlying records. Enterprise tiers add Wilson-bounded small-N variant rates, per-launch IIV overlays, and bulk API access.

Surface 1
S / PF / F reliability split
Success / Partial Failure / Failure, separated per launch vehicle. Most public trackers collapse partial-failure into a single “not success” bucket — we don’t. A partial-failure drives a partial-loss claim; a failure drives full hull-and-machinery plus payload. Pricing the two identically is a leak. This is the core IP hook.
Live tracker → Methodology →
Surface 2
Debt maturity wall
$10.95B of outstanding principal across 29 tranches from 15 public space operators. Maturity-by-year ladder with coupon, seniority, convertibility flag, and a runway_pressure_flag that fires when principal due within 18 months exceeds reported liquidity. Gemma-extracted from 10-K footnotes, XBRL-cross-checked.
Open debt wall → Methodology →
Surface 3
Cash runway by peer group
Quarters-of-liquidity across every tracked issuer, benchmarked against the stage-and-sector cohort. Refinancing stress correlates with mission deferrals — deferrals cascade into lapsed policies and claims on your book. The runway table is the early-warning dashboard for that cascade.
Open finance → ARI methodology →
Surface 4
Operator concentration (HHI)
Herfindahl-Hirschman Index on launch-provider market share, per sector and per quarter. A single underwriter writing policies across a concentrating market is exposed to correlated risk on paper that looks diversified. HHI makes the correlation visible before the loss event does.
SAI concentration → Launch provider split →

3 · Vocabulary bridge

The terms underwriters use every day, mapped to the AstraVeris surface that answers the question.

Your term What it means Our surface
IIV (Insured Interest Value) Dollar figure the policy is written against — hull + launch cost + capitalized premium. Finance (peer-group value comps). Per-launch overlay is an Enterprise add-on.
Wilson lower bound Small-N success-rate floor; prevents a 3-for-3 new variant from reading as 100%. Tracker — applied automatically to new-variant reliability. Methodology § 1.
Partial failure vs failure Partial-loss claim vs total-loss claim — different pricing, usually collapsed. S/PF/F split per vehicle, with trailing-10-flight rolling rate and annotated PF events.
MGA (Managing General Agent) Writes on behalf of syndicates with delegated authority. Enterprise tier — bulk API, data-escrow clause, per-seat SSO for MGA teams.
Pre-launch / Launch+1yr phase Policy phase with highest infant-mortality risk on-orbit. Cadence tables + decay/lifecycle browser — surfaces first-year failure clustering.
Runway-pressure flag Signal to re-price or non-renew before concentration risk hits the book. Boolean flag in the Finance card — fires when 18-month principal > cash.

4 · What we don’t offer (yet)

Honest inventory

We don’t sell per-satellite insured value. We leave the IIV field NULL until you pay for Seradata — the alternative is fabrication, and fabrication is the one unrecoverable mistake in this market. When you bring a Seradata feed, we pass it through as an Enterprise overlay. We also don’t publish claim-frequency tables, issue credit ratings, or quote premiums. If you need those things sooner than our roadmap ships them, tell us — the priority list is cheaper to change than the product.

5 · Trusted by

Design-partner slots open · first 3 logos get 50% off year 1

We’re taking three to five design-partner underwriters at 50–70% off list in exchange for a logo, a quarterly product call, and permission to quote-attribute in case studies. The list goes public when we have five. Partner spots are filled in the order they come in.

6 · Enterprise tier

Enterprise · for insurance underwriters, satellite lenders, and institutional research desks
$25k/yr & up — priced per seat count and data scope

Vehicle-reliability insurance sheet (S/PF/F with Wilson-bounded small-N rates), per-launch IIV overlay (Seradata passed through), custom REST + bulk API access, SAML/OIDC SSO for multi-seat, priority methodology consultation, data-escrow clause for regulated buyers, white-labeled reports.

Contact sales → · Full pricing →

Next step
Book a 30-minute data walkthrough.

Bring the vehicle, operator, or policy phase you’re pricing this quarter and we’ll show you exactly what we’d surface. No deck, no mutual NDA required for the first call — everything we’d show you is already on the public site. If it fits your workflow, we’ll scope a design-partner pilot on the second call.

Email [email protected] →