Gow-Gates Secures Two-Year Partnership Extension with Football NSW
Gow-Gates Secures Two-Year Partnership Extension with Football NSW
The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
Gow-Gates has successfully renewed its role as the official insurance broker for Football NSW, set to continue for an additional two years.
The decision was made following an extensive tender process conducted by the soccer organization last year.
This continuity aims to provide optimal coverage for players, clubs, and administrators while managing associated expenses. CEO Tom Gow-Gates expressed enthusiasm for further collaboration, highlighting the broker’s commitment to enhancing the sport's growth through effective insurance solutions.
On behalf of Football NSW, CEO John Tsatsimas expressed satisfaction with the renewed partnership. He emphasized Gow-Gates’ profound understanding of the football sector and praised their unwavering dedication to offering high-quality insurance services. This partnership, Tsatsimas noted, remains crucial for supporting soccer's stakeholders across the state.
This extension signifies a continued effort to sustain and enhance the infrastructure supporting soccer in New South Wales. For stakeholders, it ensures that essential insurance coverages remain accessible and financially viable. This agreement maintains stability within the sports insurance market, which can be crucial for planning and executing sports activities smoothly.
With the partnership solidified, both Gow-Gates and Football NSW are poised to focus on improving insurance solutions tailored to the evolving needs of the football community. As the sport continues to grow, this collaboration is expected to contribute to innovations in sports insurance coverage, offering enhanced protection for all involved parties.
Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.
In a significant move to bolster the resilience of Australian strata communities, CHU Underwriting Agencies has integrated cyber protection into its residential strata insurance policies. This enhancement specifically targets the growing risk of social engineering fraud, a form of cybercrime where malicious actors impersonate trusted contacts to manipulate payment instructions. - read more
Suncorp, a leading Australian insurer, has strategically reclassified its strata insurance business from consumer to commercial, signalling a concerted effort to expand its footprint in the strata insurance market. This move aligns with the company's broader strategy to enhance its commercial insurance offerings and leverage synergies within its portfolio. - read more
CHU Underwriting Agencies, Australia's largest strata insurance underwriting agency, has announced a significant increase in its single risk capacity, more than doubling it to $690 million. This substantial enhancement reflects CHU's commitment to accommodating the evolving landscape of strata developments across the nation. - read more
Suncorp has recently finalised a substantial reinsurance agreement valued at AU$2.4 billion, spanning five years. This strategic move is designed to cap natural hazard costs in approximately 90% of scenarios, thereby enhancing the company's financial resilience. - read more
Insurance Australia Group (IAG) has reported a net profit after tax of AU$505 million for the first half of the 2026 financial year, a decrease from AU$778 million in the same period of 2025. This decline is primarily attributed to the AU$174 million impact from severe weather events immediately following the acquisition of RACQ Insurance (RACQI), which occurred before the business was integrated into IAG's comprehensive reinsurance program in January 2026. - read more
As a consultant, safeguarding your professional reputation is crucial. One effective way to do this is through Professional Indemnity Insurance. But what exactly is it? In simple terms, professional indemnity insurance is designed to protect professionals against claims made by clients for professional negligence or breach of duty. It acts as a safety net, covering legal costs and any damages awarded, if a client alleges that you've made a mistake or left them shortchanged by your services. - read more
Professional indemnity insurance is designed to protect professionals from legal claims made against them due to mistakes or negligence in their work. It acts as a safeguard, covering legal costs and any damages awarded, ensuring that professionals can continue their practice without financial burden. - read more
Risk management is a crucial concept that involves identifying, assessing, and prioritizing risks with the aim of minimizing their impact. For professionals, understanding and effectively managing risks can make the difference between stagnant growth and thriving success. But why is it particularly significant for those in Australia? - read more
In the fast-paced and dynamic landscape of today’s professional world, indemnity insurance has become a cornerstone of financial security for many Australian professionals. This type of insurance provides protection against claims of negligence or breach of duty made by clients or third parties. Without this safeguard, professionals may face substantial legal fees and damages that can significantly impact their financial stability. - read more
Professional indemnity insurance is a type of coverage specifically designed to protect consultants and business professionals from legal claims and financial losses due to errors or omissions in their services. It provides peace of mind for those who offer expert advice or services to clients. - read more
Knowledgebase
Moral Hazard: The concept that individuals may take on more risk when they do not bear the full consequences of that risk, often relevant in insurance scenarios.