Ask the Expert: All About Space Insurance with Richard Parker 

Presenters: Richard Parker, and Chris Hampshire, CPCU, CIC, ARM (Moderator)

June 4, from 2 – 2:30 p.m. ET

Join us for a rapid-fire, live Q&A on one of the most fascinating and fast-evolving topics in risk management today: space insurance. In this half-hour session, Richard Parker, Chairman of Applied Underwriters Aerospace, LLC, will answer your questions with moderator Chris Hampshire, Carrier Practice Sales Vice President at Gallagher Bassett.  

Space insurance has come a long way since the early days of satellite launches, evolving alongside an industry now defined by commercial spaceflight, reusable rockets, and a growing constellation of private operators pushing the boundaries of what is insurable — and with missions like Artemis and the renewed global race to the moon back in the headlines, the question of how these extraordinary ventures are insured has never been more relevant.  

Space insurance may not touch your daily practice directly, but its ripple effects across reinsurance markets, liability frameworks, and emerging risk categories may impact your world more than you think. Bring your biggest questions and get answers straight from one of the industry's leading experts. 

 


 

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Richard Parker

Chairman

Applied Underwriters Aerospace, LLC 
 

Richard Parker is Chairman of Applied Aerospace, a specialist space insurer, which is part of Applied Underwriters, He brings over 35 years of experience spanning space insurance underwriting, satellite engineering, and launch vehicle procurement. 

Richard founded Assure Space, growing it from startup to a top-three U.S. space insurer before its acquisition by AmTrust Financial Services, and subsequently co-led the Canopius Space Consortium which was the largest space insurance consortium at Lloyd's. Earlier in his career he held engineering and procurement roles at Airbus and Intelsat, giving him a rare combination of having a satellite technical background and commercial experience. 

He holds engineering degrees from the University of Hertfordshire and an MBA from Johns Hopkins University's Carey Business School. A past President of the Washington Space Business Roundtable and past Chairman of the Seradata Space Conference, Richard is a recognized voice in the global space insurance community.     

 

Chris Hampshire, CPCU, CIC, ARM (Moderator)

Vice President of Sales, Carrier Practice

Gallagher Bassett
 

Chris Hampshire works with leading insurance carriers and program administrators to design impactful claims management programs as a Vice President of Sales in Gallagher Bassett’s Carrier Practice. Chris began his insurance career in 2003 and since that time has helped lead the business development efforts for a national carrier, regional brokerage, and a national TPA prior to joining Gallagher Bassett.  

He was elected as the Global CPCU Society President in 2022 after serving as the President-Elect in 2021. He began his three-year term on the National CPCU Society’s Leadership Council in 2018 and joined the Executive Committee in 2019 after serving as the Philadelphia CPCU Society Chapter’s President in 2016 and 2017. He holds his CPCU, CIC and ARM designations, completed his Bachelors’ degree at the University of Pennsylvania and earned his MBA through the Loyola University Maryland MBA Fellows program. Chris also completed The Institutes Executive Education program at the University of Virginia’s Darden School of Business in 2017. He also recently earned his Master’s in Insurance Management degree from Columbia University. 

Chris hosts the “IN The Know: The CPCU Society Unscripted” podcast, now in its sixth year, where he interviews insurance professionals in episodes that debut biweekly. He is also a frequently requested industry speaker at industry conferences on topics including how to create the best claims outcomes and the future of risk and insurance.