Exclusive: Saudi ship struck by Houthis had insurance from Lloyd’s insurance giant Insurance Insurance giant Gallagher had insured one of two ships that were attacked by the Houthis in the Red Sea, which caused a fire to break out on board and made the ship return to port. The Lloyd’s of London broker had organised cover for the affected vessel, which was one of a pair of tankers [...]
Cyberattacks hit UK businesses with £3.7bn in legal costs last year Business Large UK businesses were forced to fork out £3.7bn to defend legal action brought by shareholders last year over cyberattacks, according to new research from insurance giant Gallagher and the Centre for Economics and Business Research (CEBR). Cyberattacks cost firms with over 250 employees an estimated £11.7bn in total, with litigation being the second largest [...]
Milano Cortina Winter Olympics: How much is a gold medal worth? Sport Business Top City insurers have revealed the value of a Milano Cortina Winter Olympics gold medal as Britain enjoys a flurry of top gongs so far in Italy. Matt Weston has picked up two gold medals in the skeleton, one of which was in the mixed team sliding event with compatriot Tabitha Stoecker. And duo Charlotte [...]
Winter Olympics 2026: How insurance keeps Milano Cortina on track February 17, 2026 Every four years, the world’s greatest athletes fight to take gold, but it’s the unseen safety nets, drafted by insurers, that keep the Winter Olympics running smoothly. German-based Allianz became the exclusive insurance partner of the International Olympic Committee (IOC) in 2021, with coverage until the 2032 summer games in Brisbane, under the oversight of [...]
Gallagher sponsor Super Bowl clash between Ireland and All Blacks October 1, 2025 Insurance giant Gallagher will sponsor the Chicago rematch between the All Blacks and Ireland next month, described by many as rugby’s 2025 Super Bowl. The two rugby powerhouses famously clashed at Soldier Field in 2016, where Ireland beat New Zealand for the first time in over a century of trying, and will face off there [...]
InsurTech funding slumps despite AI demand August 7, 2025 Global funding for InsurTech startups slumped in the second quarter of the year despite demand for AI as companies looked to the tech to help drive efficiencies and process claims. According to the second-quarter 2025 Global InsurTech Report, a collaboration between Gallagher Re and CB Insights, global InsurTech funding declined by 16.7 per cent quarter-on-quarter [...]
Gallagher re-sign as Premiership Rugby sponsor in uplifted deal September 12, 2024 Insurance giant Gallagher this morning reaffirmed their commitment to English top flight sport, signing an increased value sponsorship deal with Premiership Rugby. The move will take Gallagher’s title sponsorship span with the Premiership to beyond a decade upon conclusion of the three-year extension, which begins at the start of the 2025/26 season. Gallagher – whose [...]
Exclusive: Saracens back Premiership rugby games in USA, league supportive September 10, 2024 The Gallagher Premiership could host matches overseas again after Saracens backed the idea of taking English top-flight rugby back to the United States. Premiership clubs have not played a match in the US since 2017, when just 6,000 fans watched Newcastle Falcons take on Saracens in Philadelphia. But Saracens’ new chief executive Mark Thompson has [...]
Gallagher: Profit races past £200m at Premiership Rugby title sponsor June 4, 2024 Profit at the UK arm of insurance giant Arthur J Gallagher & Co surged to more than £200m in 2023, it has been revealed.
Business leaders are concerned about facing litigation over missed ESG targets February 29, 2024 Nearly two thirds of British business leaders are concerned that their ESG targets will put them at risk of litigation.