Strengthening Name, Image and Likeness compliance and protection across your athletic ecosystem

In today's ultra-competitive world of college athletics, protecting a university's athletic department, athletes and collective from financial loss due to injuries is paramount.

Gallagher's holistic approach to mitigating this risk allows for customizable solutions and appropriate protection in this high-stakes environment. The protections we help you place serve as long-term safeguards for athletes and reinforce your institution's commitment to student-athlete welfare and program sustainability.

Why Gallagher's NIL Risk and Revenue Protection program?

The benefits of Gallagher's Name, Image and Likeness (NIL) risk and revenue protection strategies include:

Financial preservation

Our innovative insurance solution delivers financial relief to institutions if a high-value athlete suffers a qualifying disability — providing a safety net in the event of a player's temporary total disability or potentially career-ending injury or illness. The insurance payout can cover the financial commitments made, helping ensure your college or collective's financial stability.

Contractual obligation fulfillment

Implementing our solutions helps your organization fulfill its commitments — strengthening credibility and trust with players, families, agents, institutions and the community — while enhancing a college's ability to attract and retain top talent.

Risk mitigation

As a risk management tool, we can provide coverage that helps protect from unforeseen financial burdens, allowing your program to focus on fundraising and recruiting efforts. We understand that every athletic department, organization and institution may have different priorities, and we're here to help you navigate through them.

Our holistic approach and customizable strategy are crafted to meet the individual needs of each program. As a result, we're able to offer a suite of creative and distinctive solutions, such as:

  • Incentive compensation protection
  • Loss of value
  • Death and disgrace
  • Bowl game coverage to help ensure key player retention
  • Full coverage for contract length
  • Specialized coverage available for a singular athlete, key athletes or an entire team
  • Attraction and retention programs for coaches to help protect your sports program's brand, visibility and sustainability
  • Property and casualty insurance to cover broader campus risks

Disclaimer

GBS Insurance and Financial Services, Inc. does not provide investment, tax, or legal advice. The information presented here is not specific to any individual's personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.

These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable — we cannot ensure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

Securities offered through Simplicity Investments, Inc., Member FINRA/SIPC, 475 Springfield Ave., Summit, NJ 07901, (303) 797-9080