2026-08-19 · Source: Reinsurance News
Summary in 3 Points • Gallagher Re has launched a new Digital Risk Practice led by Ian Newman • The practice focuses on AI liability, data centres, cyber, and digital risk engineering • Freddie Scarratt and Luca Drane have been appointed to lead AI Liability and Data Centers, respectively --- Gallagher Re has introduced its Digital Risk Practice, aiming to consolidate expertise in AI liability, data centres, cyber, and digital risk engineering. Ian Newman will lead the new practice as Global Head of Digital Risk, in addition to his role as Global Head of Cyber. The initiative seeks to help insurers and reinsurers manage technology-related risks by providing insights into underwriting, accumulation, and capital decisions. Freddie Scarratt and Luca Drane have been appointed as AI Liability Lead and Data Centers Lead, respectively. The practice will operate across Gallagher Re's Global Products & Practices platform, addressing the impact of digital dependency and technology-driven risks on various insurance portfolios.
The launch of Gallagher Re's Digital Risk Practice could significantly influence the London insurance market by enhancing the understanding and management of technology-related risks. This development may lead to more informed underwriting and pricing strategies, particularly in areas affected by AI and digital dependency. As digital risks continue to evolve, London Market insurers may need to adapt their policy wordings and exposure assessments to accommodate these changes. The practice's focus on accumulation risk could also impact reinsurance purchasing decisions, offering new solutions for managing complex technology exposures.