LONDON, Dec. 11, 2012 (Aon PR) – Aon Risk Solutions, the global risk management business of Aon plc (NYSE: AON), announced today that it formed a partnership with Space Expedition Corporation, the Netherlands-based space tourism company dedicated to making space travel available for private citizens. Aon, in collaboration with Space Expedition Corporation, has designed a unique insurance policy providing comprehensive and customized protection for space travelers.
This insurance policy provides coverage for losses related to flight cancellation, postponement or temporary interruption. It is based upon a regular non-appearance cancellation policy and also includes additional supplemental coverage.
“This is an extraordinary opportunity for private citizens to have the opportunity to travel into space,” said Jeff Poliseno, CEO of Aon Risk Solutions’ International Space Brokers Practice. “Our partnership ensures that all those participating in the Space Expedition Corporation program will have comprehensive coverage during their preparatory training and eventual space travel.”
Space Expedition Corporation will begin to operate daily commercial flights to space in 2014 for private citizens that complete the mandatory training program and pass medical testing. The flights will be performed in the Lynx suborbital spaceplane that is designed and built by XCOR Aerospace, a company that utilizes reusable launch vehicles, rocket engines and rocket propulsion systems.
“This partnership reflects our shared philosophy of innovation,” said Michiel Mol, CEO of Space Expedition Corporation. “Our combined services will provide a complete package for clients going to the final frontier and back.”
Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 62,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world’s best broker, best insurance intermediary, reinsurance intermediary, captives manager and best employee benefits consulting firm by multiple industry sources. Visit www.aon.com for more information on Aon and www.aon.com/manchesterunited to learn about Aon’s global partnership and shirt sponsorship with Manchester United.
About Space Expedition Corporation
Space Expedition Corporation (SXC) will offer daily commercial flights into space as of 2014 on the XCOR Aerospace’s Lynx suborbital reusable launch vehicle. Participants will have a life-changing experience when viewing our planet Earth from 100+ kilometers and achieving astronaut status. The Lynx is a two seat fully reusable spaceplane that is designed and built by XCOR Aerospace (XCOR). SXC is the launch customer of this space vehicle that comfortably takes off and lands as a normal airplane from regular airports. The Curacao airport in the Caribbean will most probably be the first location – and first purely commercial Spaceport – outside the USA. The flexibility of the Lynx spacecraft makes it possible to operate from almost any commercial airport. The spaceflight costs 95.000 USD per flight. XCOR and SXC have sold over 200 flights to date. The Lynx’s full reusability ushers in a new era for the aerospace industry, potentially foreshadowing future superfast long range environmentally friendly travel outside our atmosphere. It is this vision that made KLM airlines decide to offer a partnership to SXC in 2010. www.spacexc.com