The Entertainment Retailers Association (ERA) has said that the video games industry is now worth £3.86bn ($4.85bn), that’s more than double the value in 2007 and accounts for more than half of the UK’s entire entertainment market.

FIFA 19, Red Dead Redemption 2 and Call Of Duty: Black Ops 4 were the three highest selling console games of 2018, with each selling more than one million physical units in the UK alone.

ERA CEO Kim Bayley said: “The games industry has been incredibly effective in taking advantage of the potential of digital technology to offer new and compelling forms of entertainment. Despite being the youngest of our three sectors, it is now by far the biggest.”

With the games industry accounting for more than half of the UK’s entertainment market and growing for the foreseeable future, it’s important for companies to have the right insurance in place.

At GG Insurance, we offer specialist insurance which has been designed specifically for the games industry and we understand what the risks are. We work with global insurers to offer worldwide solutions and we can tailor our products to fit your business’s needs.

Our products include: Insurance for Business, Insurance for Events and Insurance for Esports which can protect the teams and the organisations behind them from the wide variety of unique perils they can face.

To find out more visit us at www.gginsurance.net or call us on +44 (0) 800 294 0431 and a member of our friendly team will be able to discuss our insurance solutions with you.