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Insurance firm Gallagher taps pro athletes for summer internships, preparing them for life off the field

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Insurance firm Gallagher taps pro athletes for summer internships, preparing them for life off the field


Insurance firm Gallagher is tapping into a new kind of summer intern: professional athletes.

Last year, the insurance giant expanded its internship program to offer positions to pro athletes, giving them a pathway to prepare for life after sports. In return, Gallagher discovered the stars also tend to shine off the field.

“They know what it’s like to work hard and how long that path is to get to success,” said Chris Mead, Gallagher’s chief marketing officer. “They know what it’s like to be part of a team and how to lead one.”

This year Gallagher opened the program to eight members of the National Women’s Soccer League’s Chicago Stars. Leilanni Nesbeth and Chardonnay Curran, a current and former midfielder with the team, respectively, jumped at the opportunity for a paid internship.

“It means a lot for us to be able to get our foot in the door,” Nesbeth said in an interview with CNBC.

“I’ve never had a job outside of soccer,” said Curran. “Being a pro soccer player was my first career, and I’ve never been in a corporate setting.”

Chardonnay Curran, then of the Chicago Stars FC, before a game between Chicago Stars FC and North Carolina Courage at First Horizon Stadium at WakeMed Soccer Park on May 17, 2025, in Cary, North Carolina.

Gregory Ng/isi Photos | Isi Photos | Getty Images

Gallagher started its Partnership Intern Program for athletes in 2024, piloted with four players from the NFL’s Atlanta Falcons.

Over six weeks, participants gain business experience, professional skill development and career mentorship, while also learning the ins and outs of insurance brokerage, sales and corporate culture.

Gallagher, a sponsor of the Chicago NWSL team, tailors its internship program for the athlete participants to accommodate their demanding schedules.

For many, that support is crucial. Pro sports careers can be short and unpredictable, and earnings can vary widely. The average NWSL salary is about $125,000 per season, according to the league.

Gallagher’s goal is to prepare athletes for what comes next.

“We went in there knowing nothing about insurance, and now I could probably bore your head off about RPS,” Nesbeth joked, referencing an industry term meaning “risk placement services.”

Leilanni Nesbeth takes a shot on goal during a game between the Chicago NWSL team and Bay FC at PayPal Park on May 5, 2024 in San Jose, California.

Karen Hickey/isi Photos | Isi Photos | Getty Images

For Curran, it was about changing preconceived notions about the insurance industry.

“After doing the internship, everything I thought about insurance was the exact opposite,” she said.

Curran and the Chicago Stars mutually agreed to part ways days after she spoke with CNBC.

Mead said Gallagher has gone on to hire some of the athlete interns as employees when their playing careers are over.

He said in Europe, the company employs a professional rugby player who is one of its star salesmen.

“There’s a time when the light bulb goes off and they see how celebrating a win on the pitch is no different than celebrating a win after a sale or doing something wonderful for a customer,” Mead told CNBC.

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Coverage off the field

Ties between insurance and professional sports are not new.

For years, State Farm has run catchy commercials featuring former New York Giants quarterback Eli Manning, former Indiana Pacers shooting guard Reggie Miller, Kansas City Chiefs QB Patrick Mahomes, Indiana Fever guard Caitlin Clark of the WNBA and a host of others.

On Monday, AIG announced it was becoming the first Fortune 500 company to take a stake in an EFL League Two club, with an investment in Salford City Football Club in the U.K.

Nationwide, an NWSL partner, also runs a similar internship program with league players, offering them a professional development program at the insurance company’s headquarters in Columbus, Ohio.

“Our hope is that the players walk away with new skills and experiences that may serve them now and in their post-playing careers, perhaps back at Nationwide,” said Jim McCoy, vice president of sports marketing for Nationwide.



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Trade talks: India, EU wrap up 14th round of FTA negotiations; push on to seal deal by December – The Times of India

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Trade talks: India, EU wrap up 14th round of FTA negotiations; push on to seal deal by December – The Times of India


India and the 27-nation European Union (EU) have concluded the 14th round of negotiations for a proposed free trade agreement (FTA) in Brussels, as both sides look to resolve outstanding issues and move closer to signing the deal by the end of the year, PTI reported citing an official.The five-day round, which began on October 6, focused on narrowing gaps across key areas of trade in goods and services. Indian negotiators were later joined by Commerce Secretary Rajesh Agrawal in the final days to provide additional momentum to the talks.During his visit, Agrawal held discussions with Sabine Weyand, Director General for Trade at the European Commission, as both sides worked to accelerate progress on the long-pending trade pact.Commerce and Industry Minister Piyush Goyal recently said he was hopeful that the two sides would be able to sign the agreement soon. Goyal is also expected to travel to Brussels to meet his EU counterpart Maros Sefcovic for a high-level review of the progress made so far.Both India and the EU have set an ambitious target to conclude the negotiations by December, officials familiar with the matter said, PTI reported.Negotiations for a comprehensive trade pact between India and the EU were relaunched in June 2022 after a hiatus of more than eight years. The process had been suspended in 2013 due to significant differences over market access and tariff liberalisation.The EU has sought deeper tariff cuts in sectors such as automobiles and medical devices, alongside reductions in duties on products including wine, spirits, meat, and poultry. It has also pressed for a stronger intellectual property framework as part of the agreement.For India, the proposed pact holds potential to make key export categories such as ready-made garments, pharmaceuticals, steel, petroleum products, and electrical machinery more competitive in the European market.The India-EU trade pact talks span 23 policy chapters covering areas such as trade in goods and services, investment protection, sanitary and phytosanitary standards, technical barriers to trade, rules of origin, customs procedures, competition, trade defence, government procurement, dispute resolution, geographical indications, and sustainable development.India’s bilateral trade in goods with the EU stood at $136.53 billion in 2024–25, comprising exports worth $75.85 billion and imports valued at $60.68 billion — making the bloc India’s largest trading partner for goods.The EU accounts for nearly 17 per cent of India’s total exports, while India represents around 9 per cent of the bloc’s overall exports to global markets. Bilateral trade in services between the two partners was estimated at $51.45 billion in 2023.





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Telcos network costs rise: Gap between expenditure and revenue exceeds Rs 10,000 crore; COAI flags rising network investment burden – The Times of India

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Telcos network costs rise: Gap between expenditure and revenue exceeds Rs 10,000 crore; COAI flags rising network investment burden – The Times of India


The gap between telecom operators’ network expenditure and revenue continues to widen, prompting industry body COAI to defend calls for higher mobile tariffs, citing the increasing financial burden of network deployment on service providers.Speaking at the India Mobile Congress, Cellular Operators Association of India (COAI) Director General, SP Kochhar, told PTI that while the government has provided significant support to telecom operators through policies such as the right of way (RoW), several authorities continue to levy exorbitant charges for laying network elements.“Earlier, the gap until 2024 for infrastructure development and revenue received from tariffs was around Rs 10,000 crore. Now it has started increasing even further. Our cost of rolling out networks should be reduced by a reduction in the price of spectrum, levies etc. The Centre has come out with a very good ROW policy. It is a different matter that many people have not yet fallen in line and are still charging extremely high,” Kochhar said.He also defended the recent cut in data packs for entry-level tariff plans by select operators, stressing that the move was necessary given competitive pressures.Kochhar pointed out that competition among the four telecom operators remains intense, and there has been no significant trend suggesting that consumers are shifting towards low-cost data options.“There is a need to find ways to make high network users pay more for the data. Seventy per cent of the traffic which flows on our networks is by 4 to 5 LTGs (large traffic generators like YouTube, Netflix, Facebook etc). They pay zero. Nobody will blame OTT but they will blame the network. Our demand to the government is that they [LTGs] should contribute to the development of networks,” Kochhar said.He added that the investments made by Indian telecom operators are intended for the benefit of domestic consumers and are not meant to serve as a medium for profit for international players who do not bear any cost.





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Indias Real Estate Equity Inflows Jump 48 Pc In Q3 2025: Report

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Indias Real Estate Equity Inflows Jump 48 Pc In Q3 2025: Report


NEW DELHI: Equity investments in India’s real estate sector jumped 48 per cent year-on-year to $3.8 billion in the July-September period (Q3), a report said on Friday. This growth in inflow was primarily fuelled by capital deployment into land or development sites and built-up office and retail assets, according to the report by real estate consulting firm CBRE South Asia.

In the first nine months of 2025, the equity investments increased by 14 per cent on-year to $10.2 billion — from $8.9 billion in the same period last year.

The report highlighted that land or development sites and built-up office and retail assets accounted for more than 90 per cent of the total capital inflows during Q3 2025.

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On the category of investors, developers remained the primary drivers of capital deployment, contributing 45 per cent of the total equity inflows, followed by Institutional investors with a 33 per cent share.

CBRE reported that Mumbai attracted the highest investments at 32 per cent, followed by Pune at around 18 per cent and Bengaluru at nearly 16 per cent.

Anshuman Magazine, Chairman and CEO – India, South-East Asia, Middle East and Africa, CBRE, said that the healthy inflow of domestic capital demonstrates the sector’s resilience and depth.

“In the upcoming quarters, greenfield developments are likely to continue witnessing a robust momentum, with a healthy spread across residential, office, mixed-use, data centres, and I&L sectors,” he added.

In addition to global institutional investors, Indian sponsors accounted for a significant part of the total inflows.

“India’s ability to combine strong domestic capital with global institutional participation will remain a key differentiator in 2026 and beyond,” added Gaurav Kumar, Managing Director, Capital Markets and Land, CBRE India.

CBRE forecasts a strong finish for the investment activity in 2025, fuelled by capital deployment into built-up office and retail assets.

For the office sector, the limited availability of investible core assets for acquisition indicate that opportunistic bets are likely to continue gaining traction, the report noted.



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