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