Insurance and Finance

Finance and insurance have a rising interest for spatial technologies. GNSS and Earth Observation play a key – and increasing role – in the (re)insurance and financial sectors. For instance, timing and positioning information provided by Galileo is used in claims assessments and to time-stamp financial transactions. Copernicus data, on the other hand, is used for everything from conducting risk assessments to computing indices, assessing damage and managing claims.

Insurance and Finance In Action

Windmill farm in the North Sea, Denmark.

EUSPA expands Copernicus user-base with new demonstrators

EUSPA aims to engage the private sector and boost the data use of the EU Earth Observation system, Copernicus. Projected global revenues will grow from €3.4 billion in 2023 to €6 billion by 2033. EUSPA's Copernicus Demonstrator showcases the operational benefits of Copernicus data across priority market sectors.

The Cassini Challenge is looking for innovative, space-based solutions and ideas ready to help solve some of today’s most pressing issues.

Challenge accepted

The CASSINI Challenges competition is looking for innovative, space-based solutions ready to help solve some of today’s most pressing issues.

2023 was an eventful year for EUSPA thanks to milestones such as the EU SST takeover or the implementation of Galileo HAS

The 12 Days of EU Space

It’s the last month of the year, which can only mean one thing: time for EUSPA’s annual recap.

EU Space Week, happening now in Seville, is putting the spotlight on Europe’s dynamic – and rapidly growing – space sector

EU Space Week kicks off in Seville

EU Space Week, happening now in Seville, is putting the spotlight on Europe’s dynamic – and rapidly growing – space sector, with over 3,000 participants both online and onsite.