Navium Marine, a marine-focused specialty managing general agent (MGA) operating through The Fidelis Partnership’s Pine Walk platform, has launched Constellation Consortium, the largest satellite pre-launch consortium in the Lloyd’s market.
The Fidelis Partnership Syndicate 3123 will provide lead capacity for the consortium, with additional support from Fidelis Insurance Group.
The consortium is expected to go live from January 1st, 2026, providing meaningful new capacity, underscoring Navium’s commitment to innovative, solutions-oriented market leadership.
It is also designed to support a broad range of activities across the space sector, with Navium aiming to foster cooperation throughout the market to address the industry’s growing and shifting requirements.
With the global satellite sector continuing to experience rapid growth, the Constellation Consortium will target satellite pre-launch exposures, covering assembly, transit, and storage.
Prendeville commented, “The space industry is accelerating in both scale and complexity. This consortium will support clients by unlocking and unifying London markets to provide bespoke solutions, whilst also addressing the increasing capacity requirements of the new era of launch vehicles.
“We are delighted to be taking a lead position on a market-wide offering, reflecting Navium’s and TFP’s shared commitment to delivering industry-leading solutions where the client needs them most.”
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