Name Image Likeness Event Insurance
Athlete lifecycle risk management through NIL-focused insurance solutions
Overview
Name Image Likeness Event Insurance (NILE) is a specialty MGA startup developing tech-enabled insurance products for the athlete lifecycle risk market, with a focus on NIL (Name, Image, Likeness) contracts and revenue-sharing agreements in college and professional sports.
NILE is building a platform to underwrite and distribute both first-party (disability, loss of value) and third-party (liability) insurance products addressing the financial, reputational, and equipment risks that arise from NIL contracts. The company targets athletic collectives, college athletic departments, student-athletes, and university foundations as its primary market.
The company was selected for the Global Insurance Accelerator 2025 cohort and raised USD 50K in seed funding. NILE is at the pre-revenue, platform-development stage as of mid-2026, participating in the GIA Demo Day in early 2026 to present its concept to carriers and investors.
Products & Services
NIL Athlete Lifecycle Risk Platform
A planned tech-enabled insurance platform designed to provide integrated coverage for athlete career and contract risks arising from NIL agreements.
Key Features
- Financial protection for loss of NIL contract value due to injury or career-ending events
- Reputation and personal brand risk mitigation
- Equipment coverage for specialized athletic equipment
- NIL contract fulfillment and obligation gap protection
Target Users: College athletic departments, athletic collectives, student-athletes, university foundations, and sports professionals
Distribution: Direct to athletic departments and collectives (planned)