An undeployed satellite helped ignite Chris Payne's passion for insurance, and a unique and emerging risk class is keeping those flames burning four decades later. <i>(Credit: Andrey Armyagov/Shutterstock.com)</i> An undeployed satellite helped ignite Chris Payne's passion for insurance, and a unique and emerging risk class is keeping those flames burning four decades later.
(Credit: Andrey Armyagov/Shutterstock.com)

It was the early days of businesses launching satellites, not long after government agencies opened up space for commercial enterprises. Chris Payne, at the time a junior broker at Lloyd's of London, was part of a team watching a rocket launch.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]