To boldly go...

Space shuttle

With rocket launches costing anything up to almost £80m, space underwriting is potentially the final frontier of event insurance. Jessica Pothering finds out what a day in the life of Brit's Chris Gibbs involves

On 27 June 2009, a rocket carrying a NASA weather satellite sat on the launch pad at Cape Canaveral Air Force Station in Florida, waiting for the weather to clear. Lift-off had initially been scheduled for the previous day, but thunderstorms in the area forced a 24-hour delay. At the time the rocket was being fuelled, chances for take-off were looking slim, but 23 minutes before the launch window was set to expire, the countdown began.

Among those watching in Florida that day was Chris Gibbs, a

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