Gow-Gates Secures Two-Year Partnership Extension with Football NSW
Gow-Gates Secures Two-Year Partnership Extension with Football NSW
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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.
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Knowledgebase
Subrogation: An insurance carrier may reserve the "right of subrogation" in the event of a loss. This means that the company may choose to take action to recover the amount of a claim paid to a covered insured if the loss was caused by a third party.
