HSBC UK has partnered with Gallagher to provide insurance services to its commercial banking customers. Under the arrangement, businesses with insurance needs will be referred to Gallagher for specialist insurance advice, risk management support, and access to insurance products. HSBC UK said the partnership is intended to make it easier for commercial customers to access specialist expertise so they can spend less time dealing with insurance and more time focusing on day-to-day operations and growth. GlobalData's 2025 SME Survey found that 43.1% of UK SMEs were offered insurance through their main business bank, but only 22.7% went on to buy the product from their bank, while 47.7% chose to purchase similar cover elsewhere.
Arthur J Gallagher & CoPartnership with HSBC UK provides referral channel for insurance services to commercial customers.
HSBC Holdings PLCPartnership with Gallagher enhances insurance offerings for commercial banking customers, improving customer service.
