2026-08-21 · Source: Insurance Journal
Summary in 3 Points • Gallagher Re has launched a Digital Risk Practice to manage tech-related risks • Ian Newman is appointed global head of Digital Risk and Cyber • The practice aims to provide insights on AI and digital dependency across business lines --- Gallagher Re has announced the launch of its Digital Risk Practice, which aims to assist insurers and reinsurers in understanding and managing technology-related risks. The practice will focus on AI liability, data centers, cyber, and digital risk engineering. Ian Newman has been appointed as the global head of Digital Risk, while Freddie Scarratt and Luca Drane will lead AI liability and Data Centers, respectively. The initiative is designed to help clients translate complex technology exposures into actionable insights for underwriting and reinsurance decisions. This move reflects the growing impact of digital dependency and technology-driven risks across various insurance portfolios.
The launch of Gallagher Re's Digital Risk Practice could have direct consequences for the London insurance market. As insurers face increasing exposure to technology-related risks, this initiative may lead to more sophisticated underwriting and risk management strategies. The focus on AI liability and digital dependency could influence policy wording and pricing, especially in cyber and specialty lines. Additionally, the practice's insights into technology-driven accumulation risks may help London market insurers better assess and manage their exposure, potentially leading to more resilient reinsurance solutions.