Welcome to our dedicated page for Arthur J. Gallagher & Co. news (Ticker: AJG), a resource for investors and traders seeking the latest updates and insights on Arthur J. Gallagher & Co. stock.
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 Filos Agency, a Long Beach, New York-based retail property/casualty insurance agency. The acquired company serves New York area businesses and individuals, with Thomas Costantakos and team continuing operations from their current location under Gallagher Agency Alliance. They will report to Jen Tadin, head of Gallagher Select.
The acquisition strengthens Gallagher's small business capabilities, with Filos Agency known for strong client service in local communities. Gallagher Agency Alliance specializes in partnering with agencies focused on small business property/casualty insurance and employee benefits. Operating in approximately 130 countries, Gallagher provides insurance brokerage, risk management, and consulting services globally.
Valmont Industries (NYSE: VMI) has appointed Deborah Caplan to its Board of Directors, expanding the board to eleven members. Caplan brings extensive experience from her role as Executive Vice President of HR & Corporate Services at NextEra Energy, where she led workforce initiatives for a $170 billion market cap clean energy company. Her background includes leadership positions at Florida Power & Light, General Electric Company, and GE Capital. She currently serves on the boards of Arthur J. Gallager & Co. and Mid-America Apartment Communities. Caplan holds degrees in aerospace and manufacturing engineering and is a certified Six Sigma Master Black Belt.
Arthur J. Gallagher & Co. (NYSE:AJG) has acquired Via Financial Group Pty , a Sydney-based firm providing financial planning, wealth management, and life risk advisory services across multiple Australian offices. The Via Financial team, including Matthew Read, Daniel Burden, Peter Kirby, Ben Davis, Robert Wilson, and Sam Haydon, will join Gallagher's Australian operations under Graham Campbell, who heads the employee benefits and HR consulting division. The acquisition aims to complement Gallagher's existing benefits consulting operations in Australia. Financial terms were not disclosed.
Arthur J. Gallagher & Co. (NYSE: AJG) has announced the acquisition of Redington , a London-based investment consulting firm. Redington specializes in providing comprehensive investment, research, and technology services to pension funds, wealth managers, and institutional investor clients, primarily in the UK market.
The acquisition will enhance Gallagher's existing consulting services with Redington's expertise in modeling and investment market research. Sylvia Pozezanac and her team will continue operations from their current location, reporting to David Piltz, who heads Gallagher's UK employee benefits and HR consulting operations. The financial terms of the transaction were not disclosed.
Arthur J. Gallagher & Co. (AJG) reported strong Q3 2024 financial results. Total revenues increased 13% to $2.77 billion, with organic revenue growth of 6%. Net earnings grew 12% to $314.1 million, while adjusted EBITDAC margin expanded by 123 basis points. The company completed 4 new mergers during the quarter. For the first nine months of 2024, revenues increased 16%, organic growth was 8%, net earnings rose 19%, and adjusted EPS grew 17%. The company noted that global Q3 renewal premium increases remained stable, with recent U.S. hurricanes not yet significantly impacting insurance pricing in October.
Arthur J. Gallagher (NYSE: AJG) has declared a regular quarterly cash dividend of $0.60 per share on its Common Stock. The dividend will be payable on December 20, 2024 to stockholders of record as of December 6, 2024. The company operates as a global insurance brokerage, risk management, and consulting services firm, with operations in approximately 130 countries through owned operations and a network of correspondent brokers and consultants.
Arthur J. Gallagher & Co. (NYSE: AJG) has announced the release date for its third quarter 2024 earnings. The company will publish its financial results after market close on Thursday, October 24, 2024. Following the release, 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 conference call will be broadcast live on the company's website at www.ajg.com. A replay of the call will be available approximately two hours after the broadcast in the Investor Relations section under Events & Presentations. Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in about 130 countries worldwide.
Arthur J. Gallagher & Co. has announced that its subsidiary, Artex, has acquired Risk International, a Fairlawn, Ohio-based company providing outsourced risk management and employee benefits advisory services. The acquisition, completed on October 2, 2024, aims to strengthen Artex's strategic position and growth opportunities in North America.
Risk International's team, led by Todd Miller and Todd Lawrence, will continue to operate from their current location under the direction of Jennifer Gallagher, head of Artex's North American operations. The move is expected to enhance Gallagher's expertise in advisory services and expand its client relationships.
J. Patrick Gallagher, Jr., Chairman and CEO, expressed enthusiasm about welcoming the Risk International team to the Gallagher family. Arthur J. Gallagher & Co. (NYSE:AJG) is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries worldwide.
Arthur J. Gallagher & Co. (NYSE: AJG) has announced its upcoming quarterly investor meeting scheduled for Thursday, September 19, from 8:00 a.m. to 10:30 a.m. CT. The meeting will be held virtually via conference call, accessible through the company's website at www.ajg.com/irmeeting.
During the call, Gallagher's leadership will provide insights into the company's business operations and financial outlook, followed by a Q&A session with investors. A replay of the conference call will be available until September 26, 2024. Any related materials will be accessible on September 19 at 7:45 a.m. CT via https://www.ajg.com/September19materials.
Gallagher is a global insurance brokerage, risk management, and consulting services firm operating in approximately 130 countries worldwide.
Gallagher's 2024 U.S. Career Wellbeing Report highlights career development as a important factor in employee engagement and retention. Despite its importance, only 35% of employers increased focus on career wellbeing, with many prioritizing other dimensions instead. The study, based on data from over 3,500 U.S. organizations, reveals:
- 57% of employers have a formal strategy for improving employee engagement, up 9 points from 2022
- 81% offer service awards or employee recognition, up from 75% in 2023
- 43% support employees in developing and pursuing a career path
- Only 19% strive to offer interesting and challenging work
The report also emphasizes the growing importance of Diversity, Equity, and Inclusion (DEI) in workplace culture, with 45% of employers designing initiatives to align with core organizational values.
FAQ
What is the current stock price of Arthur J. Gallagher & Co. (AJG)?
What is the market cap of Arthur J. Gallagher & Co. (AJG)?
What does Arthur J. Gallagher & Co. do?
Where is Arthur J. Gallagher & Co. headquartered?
What are the main services offered by Gallagher?
How does Gallagher generate revenue?
What recognition has Gallagher received for its ethical practices?
Which regions contribute significantly to Gallagher's revenue?
What recent acquisitions has Gallagher made?
How does Gallagher support the Special Olympics?
How was Gallagher's financial performance in the first quarter of 2024?
Where can investors find more information about Gallagher?
