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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) will release its Q1 2021 earnings on April 29, 2021, post-market. A conference call led by CEO J. Patrick Gallagher, Jr. will be held on the same date at 5:15 PM ET. This call will be available live on the company’s website, with a replay accessible shortly after. Gallagher operates in 49 countries, providing extensive brokerage, risk management, and consulting services globally.
Arthur J. Gallagher & Co. announced the acquisition of Terrier Claims Services, Inc. (TCS) and its affiliate, MT Investigations, LLC, through its subsidiary Gallagher Bassett Services. TCS, founded in 1996, specializes in claims investigation for insurance defense and government agencies across several northeastern states and nationwide. The acquisition aims to enhance Gallagher Bassett's investigative and property adjusting capabilities, especially for complex construction claims, thereby improving claims management efficiency.
Arthur J. Gallagher & Co. (NYSE: AJG) announced on March 23, 2021, the acquisition of South Bend, Indiana-based R&R Benefits/Risk Management, LLC. Founded in 2000, R&R Benefits specializes in employee benefit program solutions and property/casualty risk placements. The integration aims to enhance Gallagher's capabilities in managing healthcare costs and strengthen its relationships in Northern Indiana. Robert Frick, Troy Scott, and their team will continue to operate under Gallagher's Great Lakes Region leadership.
Arthur J. Gallagher & Co. (NYSE: AJG) will host its quarterly management meeting on March 17, 2021, from 8:00 a.m. to 10:30 a.m. CT. The meeting will be conducted virtually via conference call, featuring commentary from the company’s leaders on business operations and financial outlook. Interested parties can access the live broadcast on Gallagher's website. A replay will be available until March 24. The meeting materials will be published on March 17 at 7:30 a.m. CT.
Arthur J. Gallagher & Co. (NYSE: AJG) has successfully completed the acquisition of The Bollington Wilson Group, a specialized UK insurance broker. This strategic acquisition aims to enhance Gallagher's service offerings and expand its market presence in the UK. Gallagher, headquartered in Rolling Meadows, Illinois, operates in 49 countries, providing risk management and consulting services globally. The Bollington acquisition is expected to drive growth and strengthen Gallagher's competitive position in the insurance sector.
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