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Arthur J. Gallagher & Co. - AJG STOCK NEWS

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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.

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Arthur J. Gallagher & Co. acquires Specialty Risk Management Services, and Private Client Insurance Services, The acquisition aims to enhance service offerings in the Florida market. Elaine Hawkins, Wes Brewer, and their team will continue operations under Gallagher's leadership.
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Jadex Inc. excels in optimizing employee and organizational wellbeing according to Gallagher's Best-in-Class Benchmarking Analysis. The company strategically invests in benefits, compensation, and employee communication to support employee health, financial security, and career growth. Jadex was recognized as a U.S. Best-in-Class Employer based on various performance criteria.
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Arthur J. Gallagher & Co. (NYSE: AJG) will host its quarterly management meeting virtually on March 21. The company's leaders will discuss business operations, financial outlook, and take questions from investors.
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Arthur J. Gallagher & Co. (AJG) announces the launch of a new employee wellbeing platform, enhancing benefits for employees and employers alike. The platform aims to improve mental health support, financial wellness, and overall wellbeing, reflecting the company's commitment to employee satisfaction and productivity.
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Consolidated Communications (CNSL) receives Gallagher’s Best-in-Class Employer designation for the third consecutive year, showcasing excellence in employee and organizational wellbeing. The company's strategic investments in benefits, compensation, and employee communication have been recognized for supporting employee health, financial security, and career growth at a sustainable cost structure.
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Arthur J. Gallagher & Co. acquires Simply-Communicate Ltd, a workplace communication agency, to enhance employee experience. The acquisition aligns with Gallagher's focus on digital transformation and expands its global team.
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Gallagher's 2023/24 State of the Sector report reveals that 71% of organizations do not provide guidance on AI usage, and 13% are unsure if their organization uses AI. The study draws insights from 2,300 communication and HR leaders across 56 countries, highlighting the lack of AI adoption and implementation plans. Global Managing Director Ben Reynolds notes that the absence of AI plans contributes to skepticism and fear in 50% of respondents.
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Arthur J. Gallagher & Co. has acquired The John Galt Insurance Agency, expanding their capabilities in the property/casualty insurance niche in Florida. The terms of the transaction were not disclosed. The acquisition aims to enhance Gallagher's expertise in commercial and multi-family real estate insurance coverages. The company's Chairman and CEO, J. Patrick Gallagher, Jr., expressed his delight in welcoming the John Galt team to Gallagher. Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm, operating in approximately 130 countries worldwide.
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Arthur J. Gallagher & Co. has acquired FarmPLUS Insurance Services, expanding its agricultural market capabilities in Virginia, North Carolina, and South Carolina. The terms of the transaction were not disclosed. The acquisition will allow Gallagher to enhance its retail property/casualty brokerage operations in the Southeast. The company, headquartered in Rolling Meadows, Illinois, operates in approximately 130 countries worldwide through its owned operations and a network of correspondent brokers and consultants.
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Arthur J. Gallagher & Co. announced the acquisition of Ericson Insurance Advisors, expanding their private client offerings. The terms of the transaction were not disclosed. Ericson Insurance Advisors is a personal lines-focused insurance broker serving high-net-worth clients nationwide. The acquisition is expected to enhance Gallagher's Northeast region retail property/casualty brokerage operations.
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FAQ

What is the current stock price of Arthur J. Gallagher & Co. (AJG)?

The current stock price of Arthur J. Gallagher & Co. (AJG) is $294.58 as of November 15, 2024.

What is the market cap of Arthur J. Gallagher & Co. (AJG)?

The market cap of Arthur J. Gallagher & Co. (AJG) is approximately 64.5B.

What does Arthur J. Gallagher & Co. do?

Arthur J. Gallagher & Co. provides global insurance brokerage, risk management, and consulting services, helping clients address risk, protect assets, and recover from losses.

Where is Arthur J. Gallagher & Co. headquartered?

Arthur J. Gallagher & Co. is headquartered in Rolling Meadows, Illinois.

What are the main services offered by Gallagher?

Gallagher offers property and casualty brokerage, alternative risk transfer services, employee benefit consulting, actuarial services, claims management, risk control consulting, human resource consulting, and retirement services.

How does Gallagher generate revenue?

Gallagher's primary revenue source is its brokerage segment, which generates commissions from insurance companies when placing customers with insurance providers.

What recognition has Gallagher received for its ethical practices?

Gallagher is recognized by the Ethisphere Institute as a World's Most Ethical Company.

Which regions contribute significantly to Gallagher's revenue?

Gallagher generates most of its revenue in the United States, with significant contributions from Australia, Bermuda, Canada, the Caribbean, New Zealand, and the United Kingdom.

What recent acquisitions has Gallagher made?

In early 2024, Gallagher acquired FarmPLUS Insurance Services, John Galt Insurance Agency, Specialty Risk Management Services, and Private Client Insurance Services.

How does Gallagher support the Special Olympics?

Gallagher has renewed its global partnership with Special Olympics International, supporting sports and athlete programs worldwide.

How was Gallagher's financial performance in the first quarter of 2024?

Gallagher reported strong revenue growth and improved net earnings in the first quarter of 2024, driven by increased demand for insurance services and successful integration of recent acquisitions.

Where can investors find more information about Gallagher?

Investors can visit Gallagher's website or contact their Investor Relations and Communications teams for the latest updates and information.

Arthur J. Gallagher & Co.

NYSE:AJG

AJG Rankings

AJG Stock Data

64.51B
219.40M
1.12%
88.46%
1.29%
Insurance Brokers
Insurance Agents, Brokers & Service
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United States of America
ROLLING MEADOWS