OneWeb and Marsh’s mission-critical collaboration continues

OneWeb, the low Earth orbit (LEO) satellite communications company, and Marsh, the world’s leading insurance broker and risk advisor, have announced that their relationship will continue through in 2023, covering launches from the US and India.

OneWeb signed an agreement for an aggregate insured value of more than $1 billion through Marsh in September 2021 and now that relationship will cover the remaining satellite launches for OneWeb to complete its Gen1 constellation. The insurance programme has continued to underpin the development of OneWeb’s communications capabilities in established and new markets.

This month, OneWeb completed its 16th launch to date, on a Falcon 9 rocket from SpaceX in Florida, to bring its total constellation to 542 satellites – more than 80% of its Gen1 constellation. This milestone followed the resumption of the business’ satellite deployments, with OneWeb’s successful 14th launch on a LVM-3 rocket from NewSpace India Limited at Sriharikota, India, in October 2022 and a SpaceX launch in December on another Falcon 9.

OneWeb remains on track to initiate global coverage in 2023, while its connectivity solutions are already live in the wider Arctic region including Canada, Alaska, the UK and beyond.

Srikanth Balachandran, OneWeb’s Chief Financial Officer, said: “Marsh has been pivotal in supporting OneWeb’s mission since 2021 and we are proud to collaborate with an insurance broker that shares our global ambitions. As we continue to progress towards activating our coverage across the world in 2023, we will benefit from the security of the insurance programme through Marsh, and the expertise of their teams across UK and India.”

Chris Lay, Chief Executive, UK and Ireland, Marsh, said: “OneWeb has made tremendous progress in building its Gen1 constellation. The next series of launches will enable the business to activate its coverage solutions globally, and are strategically important to OneWeb’s success. The continuation of our highly innovative insurance programme, and the guidance of Marsh’s global colleagues, demonstrates that Marsh and OneWeb remain committed to creating a more connected future for all.”

Sanjay Kedia, Chief Executive, Marsh India, added: “The recent launch at Sriharikota and the enthusiastic participation of several Indian insurance players are positive and significant contributions to the global space sector. We are proud of our work with OneWeb, and we are delighted to see how our teams work collectively to deliver satellite launches in a safe, secure and responsible manner.”

Related Links


Read the latest in Military Space Communications Technology at

Thanks for being here;

We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook – our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don’t have a paywall – with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor

$5 Billed Once

credit card or paypal

SpaceDaily Monthly Supporter

$5 Billed Monthly

paypal only


Northrop Grumman, AT&T and Fujitsu demonstrate 5G-powered capabilities to support Joint Force

San Diego CA (SPX) Jan 19, 2023

Northrop Grumman Corporation (NYSE: NOC), AT&T* and Fujitsu recently demonstrated 5G-enabled intelligence, surveillance and reconnaissance (ISR) capabilities in Northrop Grumman’s new 5G lab. The demonstration integrated radios with Northrop Grumman’s tactical data links, AT&T’s private 5G network and Fujitsu’s Open Radio Access Network (O-RAN) to transmit ISR data and video, proving our strength in connecting the battlespace. This is a critical step in building the digital battle network to support mul … read more

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

India under fresh scrutiny as UN panel calls for shunning coal

India, Pakistan must brace for even worse heatwaves

India, Pakistan must brace for even worse heatwaves By Marlowe HOOD Paris…

Dalai Lama urges move to renewable energy to combat climate crisis

Tibetan spiritual leader the Dalai Lama urged the public to reduce fossil…

OneWeb agrees satellite launch program with New Space India

OneWeb reports that the company and New Space India Limited, the…