by Staff Writers
London, UK (SPX) Nov 17, 2011
Allianz Global Assistance and the International Space Transport Association (ISTA) have signed a unique partnership agreement in anticipation of the inevitable growth in space tourism and commercial space flight.
The two partners are committed to accompanying travellers before, during and after their space flight to ensure that their unique galactic experience, as well as the experience of their families back on earth, will be as safe, serene and comfortable as possible.
Virgin Galactic recently announced that the first commercial flight is being scheduled for October 2012.
In the next few months Allianz Global Assistance will start contacting space liners, space scientists, travel agents, space travellers, and consumer organizations. It is for the first time ever that the space industry acquires insurance for this type of mission profile.
Insurance companies and the space industry never came to a mutual agreement on insurance for commercial, sub-orbital space flights.
"ISTA aims to bring together the space industry and its users. It has never been done before that space travellers and space line operators alike can obtain insurance coverage", says Director-General Ronald Heister.
"We currently provide yearly insurance coverage to more than 30 million people worldwide", comments Erick Morazin, Director of Global Accounts, Allianz Global Assistance.
"At Allianz Global Assistance, we are looking into space tourism as a new market for the next generation of travellers. Our partnership with the International Space Transport Association (ISTA) demonstrates our support and interest in the Space Travel industry."
Allianz Global Assistance is currently co-developing a full range of travel insurance with ISTA for space tourists, space scientists and space liners, such as Virgin Galactic, Xcor and SpaceLinq, and medical assistance solutions, as well as expert advice and personal services for space travellers.
Allianz Global Assistance aims to accompany them and their families from A to Z - from the preparatory phases to their return home.
Morazin: "Space is decidedly our new frontier and we are now ready to take this giant leap forward to ensure peace of mind and well-being of all our future space-travelling customers."
Taras Ploshchansky, Director Legal Affairs of ISTA Headquarters in The Hague, continues: "Our aim is to meet the needs of this new industry in terms of worldwide representation, guidance and support.
"Taking passengers, cargo and payload into space will require establishing and implementing new laws and regulations, as well as research, marketing and communication practices.
"We are delighted to enter this new travel era in partnership with Allianz Global Assistance. With our combined knowledge, expertise and experience, we will be able to provide a comprehensive range of professional services to all concerned space travellers, scientists, organisations, members and governing bodies."
Allianz Global Assistance
International Space Transport Association (ISTA)
Space Tourism, Space Transport and Space Exploration News
Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.
Singapore family books $1 million Virgin space flight
Singapore (AFP) Nov 14, 2011
A Singaporean businessman, his wife and two children have paid $1 million to become the first Asian family to fly together on space-tourism airline Virgin Galactic, the company announced Monday. "I had lunch yesterday with a guy who got in touch with us in Singapore, and over lunch he signed his contract for not just a seat, but for a whole flight," Virgin Galactic commercial director Stephe ... read more
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|