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Arthur J. Gallagher & Co. (NYSE: AJG) is a leading global insurance brokerage and risk management services firm headquartered in Rolling Meadows, Illinois. With operations across approximately 130 countries, Gallagher provides retail and wholesale property and casualty brokerage, alternative risk transfer services, employee benefit consulting, and actuarial services. Additionally, they offer claims and information management, risk control consulting and appraisal services, human resource consulting, and retirement services.
Gallagher helps clients address risk, protect assets, and recover from losses, ensuring businesses and institutions continue running smoothly and individuals and families can rebuild their lives. The company’s primary revenue source is its brokerage segment, which negotiates and places its customers with insurance companies providing, among other types, property/casualty and health insurance. Gallagher’s brokerage revenue mainly comes from commissions paid by insurance companies.
Arthur J. Gallagher & Co. is recognized as a World's Most Ethical Company by the Ethisphere Institute. They generate most of their revenue in the United States, with significant contributions from Australia, Bermuda, Canada, the Caribbean, New Zealand, and the United Kingdom.
Recent achievements include several strategic acquisitions to expand their market capabilities and service offerings. In early 2024, Gallagher acquired FarmPLUS Insurance Services, John Galt Insurance Agency, Specialty Risk Management Services, and Private Client Insurance Services, enhancing their presence in the agricultural and real estate markets. Additionally, they renewed their global partnership with Special Olympics International, demonstrating their commitment to promoting inclusion and supporting athletes worldwide.
Gallagher's financial condition remains robust, as evidenced by their strong first-quarter performance in 2024. They reported substantial revenue growth and improved net earnings, driven by increased demand for insurance and reinsurance services and successful integration of recent acquisitions.
For the latest updates and news, investors can visit Gallagher's website or contact their Investor Relations and Communications teams.
Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Wealth Management Partners Pty (WMP), a Perth-based financial planning firm specializing in retirement plan risk management. The acquisition strengthens Gallagher's financial wellbeing consulting capabilities in Australia.
WMP's current team, including Steve Beattie, Troy Hartley, Janusz Mazurek, and Adrian Whitaker, will continue operating from their existing location under Graham Campbell's leadership, who heads Gallagher's employee benefits and HR consulting operations in Australia. The financial terms of the transaction were not disclosed.
Gallagher, headquartered in Rolling Meadows, Illinois, operates as a global insurance brokerage, risk management, and consulting services firm, with operations in approximately 130 countries worldwide through owned operations and correspondent networks.
Arthur J. Gallagher & Co. (NYSE: AJG) has announced it will release its fourth quarter 2024 earnings after market close on Thursday, January 30, 2025. The company's Chairman and CEO, J. Patrick Gallagher, Jr., will host a conference call at 5:15 pm ET/4:15 pm CT on the same day.
The earnings conference call will be broadcast live through Gallagher's website, with a replay available approximately two hours after the broadcast in the Investor Relations section under Events & Presentations. The global insurance brokerage, risk management and consulting services firm operates in approximately 130 countries through owned operations and a network of correspondent brokers and consultants.
Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Encore Insurance Services Inc. (Encore Group), a Waterloo, Ontario-based retail insurance brokerage firm. The acquired company specializes in serving commercial clients in Ontario, with particular focus on manufacturing, construction, and financial institutions sectors.
Following the acquisition, Encore Group's leadership team, including Joe Dalton and Scott Heaman, will continue operating from their current location under Dave Partington's direction, who heads Gallagher's Canadian retail property/casualty brokerage operations.
While the financial terms remain undisclosed, this strategic acquisition aligns with Gallagher's expansion in Canada, complementing their existing retail brokerage capabilities. As a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Illinois, Gallagher maintains operations in approximately 130 countries worldwide through owned operations and correspondent networks.
Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of BMR Insurance, a Tustin, California-based retail insurance agency. BMR Insurance, operating as Murray Gardner Insurance Agency Inc., serves commercial and personal lines clients primarily in Southern California.
The BMR team, led by Gary Arch, will maintain their current location under Scott Firestone's direction, who heads Gallagher's Southwest region retail property/casualty brokerage operations. Chairman and CEO J. Patrick Gallagher, Jr. highlighted the cultural alignment between the companies and welcomed the expansion of their retail brokerage capabilities in Southern California.
Gallagher, headquartered in Rolling Meadows, Illinois, operates as a global insurance brokerage, risk management, and consulting services firm across approximately 130 countries. Financial terms of the transaction were not disclosed.
Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Afina Insurance Advisors Inc., a property/casualty insurance broker based in Oakbrook Terrace, Illinois, serving the greater Chicago area. The financial terms were not disclosed. George Van Denend and his team will maintain their current location, operating under Ryan Isaacs, who heads Gallagher's Midwest region retail property/casualty brokerage operations.
The acquisition aims to complement Gallagher's existing retail brokerage capabilities in the Chicago area through Afina Insurance's niche expertise. Gallagher currently provides insurance brokerage, risk management, and consulting services across approximately 130 countries through owned operations and a network of correspondent brokers and consultants.
Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of Durham & Bates Agencies, a Portland, Oregon-based full-service insurance broker. Durham & Bates specializes in property/casualty, marine, and employee benefits services in the Pacific Northwest region.
The existing team, including Jeremy Andersen, Sean McCarthy, Christen Picot, Stephanie Murphy, and David Hearns, will maintain their current location. They will operate under Jim Buckley, who heads Gallagher's Northwest region retail property/casualty brokerage operations, and Charlie Isaacs, leader of Gallagher's West region employee benefits consulting operations.
While the transaction terms remain undisclosed, Chairman and CEO J. Patrick Gallagher, Jr. highlighted that this acquisition enhances their Pacific Northwest capabilities and presents significant growth opportunities through Durham & Bates' marine expertise.
Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of DMc Insurance Partners, an Austin, Texas-based personal lines insurance agency. The acquired company serves individuals and small business owners in Austin. John McNulty, Scott Durkin, and their team will continue operations from their current location under Gino Bonacci, head of personal lines for Gallagher's U.S. retail property/casualty brokerage operations.
The acquisition aims to strengthen Gallagher's personal lines and small business capabilities in the Austin market. Financial terms of the transaction were not disclosed.
Arthur J. Gallagher & Co. (NYSE:AJG) has announced the acquisition of M.J. Schuetz Insurance Services Inc., an Indianapolis-based insurance provider. Schuetz Insurance specializes in property/casualty, surety and bonding services across the Midwest, with particular expertise in construction, landscaping, manufacturing and real estate sectors.
The Schuetz Insurance team, including Dave Linthicum, Mike Cocoran, Jenni Waggoner, Stella Milli, and Pamela Kreeb, will maintain their current location under Sean Gallagher's leadership, who heads Gallagher's Great Lakes region retail property/casualty brokerage operations. Financial terms of the transaction were not disclosed.
Arthur J. Gallagher (NYSE: AJG) has completed its public offering of 30,357,143 shares of common stock at $280.00 per share. The company granted underwriters a 30-day option to purchase up to an additional 4,553,571 shares at the same price. Morgan Stanley & Co. led the offering as lead active book-running manager, with BofA Securities as active book-running manager. The offering was made through an automatically effective shelf registration statement on Form S-3. The company also announced the cancellation of its investor meeting previously scheduled for December 17th.
Arthur J. Gallagher & Co. (NYSE: AJG) has announced the acquisition of Sheila J. Butler & Company (SJB), a Carrollton, Georgia-based employee benefits brokerage firm. The acquired company serves clients of all sizes in western Georgia, including the greater Atlanta area.
Following the acquisition, SJB's team, including Sheila J. Butler and Blake Butler, will continue operations from their current location under Colby Paxton's leadership, who heads Gallagher's Southeast region employee benefits consulting operations. The financial terms of the transaction were not disclosed.
According to Chairman and CEO J. Patrick Gallagher, Jr., SJB's reputation for client service will enhance Gallagher's existing benefits consulting capabilities and presence in Georgia. AJG currently operates in approximately 130 countries, providing insurance brokerage, risk management, and consulting services globally.
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